Business News and Mergers News

Business News: Smooth Waters, Swiss Re Capital Markets, Willis Towers Watson

RSG Underwriting Managers (RSGUM) announced the formation of Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing Marine Practice. Smooth Waters, LLC serves as a consulting and claims adjusting company for the …

Business News: Gallagher Bassett, BetterView, Crum & Forster

Gallagher Bassett Consolidates Catastrophe Response Services Just two weeks after the category four Tropical Cyclone Debbie impacted Queensland and NSW at the end of March, Gallagher Bassett’s Brisbane-based catastrophe response team had doubled in size to assist in the delivery …

Business News: Genpact, SCM, J.S. Held

Genpact Acquires BrightClaim Genpact, a global professional services firm focused on delivering digital transformation for clients, has acquired BrightClaim and their associated company National Vendor, both leading providers of integrated claims solutions to the U.S. property and casualty (P&C) insurance …

Business News: Travelers, JN Phillips Auto Glass, Kespry, TrueMotion

Travelers Offers Customers Cybersecurity Services from Symantec The Travelers Companies, Inc. recently announced that it is making pre-breach cybersecurity services from Symantec Corp. available to eligible Travelers cyber policyholders. Symantec, a global provider of cybersecurity solutions, will offer a cyber …

Business News: The Hartford, ISO, Alliant

The Hartford Launches Apprenticeship Program To Prepare Students For Careers In Insurance The Hartford has partnered with the Connecticut Department of Labor, Arizona Department of Economic Security and local community colleges to launch an insurance apprenticeship program. The program will …

Business News: Hanover Stone Partners, Trov, Price Digests

Hanover Stone Partners Establishes Practice Group to Help Employers Control Workers’ Comp Costs Hanover Stone Partners, a risk management services firm with expertise in a broad range of critical risk disciplines, announced it has established a dedicated, national practice group …

Business News: Lemonade, FM Global, Wolters Kluwer, TD Risk Management

Lemonade Expands into Illinois Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has been licensed as a full-stack insurance carrier by the State of Illinois. Renters in the state can now buy a Lemonade policy …

Business News: Esurance, CoreLogic, QBE, AIG

Esurance Lays Off 30 Workers in South Dakota About 30 Esurance employees in Sioux Falls have lost their jobs as part of cuts within the insurance company. The Argus Leader reports that Esurance cut 100 jobs Tuesday, mostly in Sioux …

Business News: Texas Mutual, TTA Appraisal, EagleView, WCRI

Texas Mutual Launches Free e-Learning Tool Texas Mutual Insurance Company, the state’s leading provider of workers’ compensation insurance, recently launched a free workplace safety training tool for policyholders called e-Learning. e-Learning gives business owners access to a library of more …

Business News: Guidewire, Verisk, HomeCare Connect

Guidewire Completes Acquisition of ISCS Guidewire Software, Inc., a provider of software to the Property & Casualty (P&C) insurance industry, announced it has completed the acquisition of ISCS. The company also announced the immediate availability of Guidewire InsuranceNow, a cloud-based, …