Business News and Mergers News

Business News: Verisk Analytics, Lemonade, MyKey

Verisk Analytics to Acquire G2 Web Services Verisk Analytics, Inc., a data analytics provider, has signed a definitive agreement to acquire Wash.-based G2 Web Services, an industry-leading provider of merchant risk intelligence solutions for acquirers, commercial banks, and other payment …

Business News: Chubb, Progressive, Travelers

Chubb Launches Dedicated Multi-line Practice Focused on Large Transportation Clients in North America Chubb launched a multi-line industry practice within its Major Accounts division, dedicated to providing innovative insurance products, industry-leading service and risk management solutions for best-in-class large risk …

Business News: Assurant, ISO, CoreLogic

Assurant Announces $1.36 Billion 2017 Property Catastrophe Reinsurance Program Assurant, Inc., a global provider of risk management solutions, announced it has finalized a $1.36 billion property catastrophe reinsurance program, reducing the company’s financial exposure and enhancing its ability to protect …

Business News: EPS Settlements Group, NORCAL Mutual, Coverys

EPS Settlements Group Rebranded as Arcadia EPS Settlements Group recently announced the company’s refreshed brand, including its new name – Arcadia – and logo. Arcadia was born out of a desire to create long-term financial security and an improved quality …

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 …