business moves News

Business Moves

Verisk Analytics, Inc., Acquires Risk Intelligence Ireland Verisk Analytics, Inc. announced the acquisition of Risk Intelligence Ireland, a provider of fraud detection, compliance, risk control and process automation services to the Irish insurance industry. Following completion of the transaction, Risk …

Business Moves

Restore Rehabilitation Rolls Out National Telephonic Case Management for Workers’ Compensation Maryland-based Restore Rehabilitation launched a national telephonic case management service for workers’ compensation payers. Restore is a medical and vocational case management company focused on reducing the impact of …

Business Moves

Chubb Launches North America Small Commercial Insurance Division Chubb announced the launch of its Small Commercial Insurance division for North America. The division brings together a team of product and service professionals to provide a broad range of management and …

Business News

Gen Re Announces Global Property and Casualty Reorganization Gen Re announces it will reorganize its Direct Global P&C operations in an effort to position the company’s team for the future. First, the footprint around the globe was evaluated to most …

Munich Re Launches Transit Bus Collision Avoidance Pilot

Munich Re, in collaboration with the Washington State Transit Insurance Pool (WSTIP), has launched a pilot program equipping transit buses with collision avoidance technology known as Mobileye Shield+. RoscoVision Systems is the North American provider and driver-interface manufacturer of this …

Business News

PDA Extends Appraisal Services to Financial Sector Property Damage Appraisers (PDA) is spreading the word about one of its core business practices that many may not know about – financial services. PDA’s appraisal services are ideal for banks, credit unions …

Business Moves

Safety National Forms Safety Specialty Insurance Company Safety National Casualty Corporation acquired an excess and surplus company that will begin operations in March 2016 as Safety Specialty Insurance Company (SSIC). Safety Specialty will initially focus on complementing Safety National’s public …

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 …