business moves News

Property Damage Appraisers Reveal PDA Xpress Results

One year after the launch of Property Damage Appraisers’ virtual, web-based estimating tool PDA Xpress, the results are in – nearly 50 percent of PDA Xpress estimates are completed in 45 minutes or less. The tool is performing so well …

Karen Clark & Company Releases Updated U.S. Earthquake Model

Karen Clark & Company (KCC) released a new U.S. earthquake Reference Model as part of the RiskInsight open loss modeling platform. The earthquake model is based on the latest 2014 US Geological Survey (USGS) report incorporating updated seismicity assumptions and …

Allianz Launches Motorsports Unit in North America

Building on its established presence in both film and TV productions as well as live events, Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS), announced the launch of a dedicated motorsports unit in North America to be …

Genex Services Acquires Alpha Review Corporation

Genex Services, a national medical cost containment and disability management service provider, announced its acquisition of Alpha Review Corporation, a medical bill review company for the workers’ compensation market. Financial terms were not disclosed. With this acquisition, Genex significantly strengthens …

Crawford Announces Restructured Operations

Atlanta-based Crawford & Company, a global independent claims management solutions provider to insurers and self-insured entities, announced a new simplified operating structure. The new structure is designed to capitalize on Crawford’s competitive position, enhance the firm’s profitability and align with …

Enservio Adds Real-Time Fraud Detection to Contents Management Product

Claims adjusters working on the job have something unique they can add to their toolkit: a way to root out soft or opportunistic fraud as it happens for home contents claims. Enservio, Inc. introduced a new option for its ContentsExpress …

Ring, American Family Partner to Help Prevent Home Burglaries

Ring, inventor of the Ring Video Doorbell, an innovative, do-it-yourself home security system that enables customers to proactively protect their families, and American Family Insurance are creating a one-of-a-kind offering. The security company offers a financial guarantee on customers’ insurance …

HSB Invests in Augury’s Internet Machine Diagnostics Platform Technology

Hartford Steam Boiler (HSB), part of Munich Re, announced recently that it has invested in Augury, a predictive machine diagnostics company that is bringing its proprietary algorithms, smart sensing device and mobile diagnostics tool to new markets, starting with diagnosing …

CSA Group Opens New Testing Lab in Irvine, California

CSA Group, a global provider of testing and certification services and a standards development organization,  announced it opened a new state-of-the-art laboratory in Irvine, California, offering testing and certification services including expanded services for medical devices and a new ingress …

Acrometis, Willis Partner to Reduce Workers’ Comp Claim Duration and Costs

Acrometis, the industry leader in workers’ compensation claims processing platforms, and Willis, a global risk advisory, re/insurance broking, and human capital and benefits firm, have partnered to launch Willis’ Advanced Technology Strategic Risk Planning (SRP) process. More advanced and comprehensive …