Business News and Mergers News

Business News: Ironshore Bermuda, Claimify, ICORP Investigations

Ironshore Bermuda Rebrands and Integrates With Liberty Specialty Markets Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, plans to integrate its Ironshore Bermuda businesses and brands into a single business branded as: Liberty Specialty Markets Bermuda. The new …

Business News: LexisNexis, Oyster, AGCS

LexisNexis Fire and Disaster Response Aids Insurers in Rating, Underwriting Fire Risk LexisNexis Risk Solutions announced a new data score that will enable insurers to more accurately rate and underwrite local fire responses using predictive analytics. The LexisNexis┬« Fire and …

Business News: ISCM/CAS, QBE, ISO

ISCM, CAS Institute Launch New Education and Credentialing Program for Catastrophe Risk Professionals The International Society of Catastrophe Managers (ISCM), a professional association promoting catastrophe management professionalism within the insurance industry, and The CAS Institute (iCAS), a subsidiary of the …

Business News: Verisk, CoreLogic, Arbella

Verisk Launches WaterLine for Private Flood Insurance Market Verisk, a data analytics provider, announced the launch of WaterLine, an underwriting tool that scores flood risk for all properties in the contiguous United States, helping insurers meet the needs of the …

Business News: Kemper, Munich Re, AIR Worldwide

Kemper Corporation announced a refresh of its core brand elements. The rebrand elevates the focus on the company’s strength, stability and transformation, and includes a new logo, positioning and product line architecture. The new bold and vibrant logo in navy …

Business News: NICB/Shift Technology, Pie Insurance, Willis Towers Watson

Shift Technology and NICB Partner to Offer Insurers an Edge in Detecting, Combating Fraud Shift Technology, a solution provider with a focus on enabling insurance organizations to successfully tackle the ongoing and growing claims fraud challenge, and the National Insurance …

Business News: Medata, Travelers, Ascot Insurance U.S.

Medata Expands Operations, Opens New Office in Nevada Medata, the leading medical cost containment technology company in workers’ compensation and auto liability lines, just opened a new office in Henderson, Nevada. Medata selected Henderson to expand its geographic footprint, according …

Business News: KittyHawk, MunichRe/eDriving, ISO

Kittyhawk Secures Funding From Travelers Kittyhawk, an enterprise drone operations software firm, announced a strategic investment from The Travelers Companies, Inc. The investment will help the company bring unified drone operations to new markets. Kittyhawk has supported the growth of …

Business News: Geomni, Betterview, PDA

Geomni Forms Strategic Alliance With DroneBase Geomni, a Verisk business, and DroneBase, a global drone operations company, announced a strategic alliance that adds DroneBase’s Pilot Network and API to Geomni’s fleet of fixed-wing aircraft to expand property inspections globally. Geomni …

Business News: GEICO, Mitchell/Genex Merger, Midwest Employers Casualty

GEICO Breaks Ground on New Location, Plans to Ramp up Hiring Upon Completion GEICO broke ground at its new location in The Bridges and laid out plans for future hiring when the complex is completed next year. GEICO President and …