Davies Appoints COO for US Division Davies, a global claims administrator that opened a US headquarters in Nashville, Tennessee in 2020, has appointed Jen Morrissey to the newly created position of group chief operations officer. Davies said Morrissey will assist …
Global claims services firm Sedgwick recently acquired the assets of Nautilus Investigations, a South Florida-based firm with a specialty in maritime claims, incidents and casualties, particularly yachts and personal watercraft. Nautilus adjusts and investigates all types of marine incidents, serving …
Aon Plc is considering an offer to buy rival insurance brokerage Willis Towers Watson Plc, according to people familiar with the matter, in what could be the industry’s largest ever merger. Bloomberg reported that Aon is preparing to submit a …
Neuberger Berman Group acquired an asset manager that oversees more than $1 billion with a focus on betting on risks tied to natural catastrophes such as hurricanes and earthquakes. The closely held investment manager struck the deal with private equity …
The CEO of Europe’s biggest insurer is up for a big deal. He just doesn’t want Allianz SE to pay for it. Oliver Baete is going to find it hard to have his cake and eat it. Three years into …
A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as deal-hungry Chief Executive Officer Oliver Baete …
Axa SA Chief Executive Officer Thomas Buberl is betting the worst is over for insurance. His $15.3 billion purchase of XL Group Ltd., the company’s biggest ever, will make Axa the top provider of commercial casualty coverage just as premiums …
GuideOne Launches Commercial Property Insurance Deployment With Roost Telematics Sensors GuideOne Insurance announced the first commercial deployment of Roost Smart Water Leak and Freeze Detectors by a property insurance carrier. The pilot places 4,000 sensors in churches across the country …
Stone Point Capital to Acquire Genex Services Genex Services, a cost containment services provider to the workers’ compensation, disability and auto industries, announced that funds managed by private equity firm Stone Point Capital LLC have entered into a definitive agreement …
Worley Claims Services Acquires Audit Services Incorporated Louisiana-based Worley Claims Services, LLC, a national provider of insurance claims services, announced the acquisition of Audit Services Incorporated, a claim estimate writing and review supplier for the property and auto insurance markets. …