Business News & Mergers News

Business News: The Carlyle Group, Next Insurance, PCS

The Carlyle Group to Become Majority Investor in Sedgwick in $6.7B Transaction Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions, announced today that affiliates of funds managed by The Carlyle Group (NASDAQ: CG) have agreed to …

Business News: LexisNexis, Gramercy Risk Holdings, Nationwide

LexisNexis Launches Global Alliance Program Focusing on Data Analytics LexisNexis Risk Solutions announced the launch of its LexisNexis Global Insurance Alliance program. Insurers can integrate with more than 125 alliance program members to access LexisNexis policy and claims solutions that …

Business News: Athenium Analytics, EagleView/PrecisionHawk,

Weather Analytics Rebrands as Athenium Analytics After Merger Weather Analytics LLC, a provider of risk analysis for insurance carriers, announced significant additions to its product suite and renaming of the company to Athenium Analytics. Additional products being introduced this fall …

Business News: DCI Solution, Origami Risk, CM Select

DCI Solution Announces New Canadian Subsidiary DCI Solution announced it has opened a new Canadian subsidiary, DCI Solution Canada. The firm provides valuations for specialty vehicles in the U.S. including Total Loss, Diminished Value, and Right of Appraisal valuations. Industry …

Business News: QBE, AGCS, Next Insurance

QBE North America Offers Integrated Inland Marine Property Coverage for Construction Projects QBE North America, an integrated specialist insurer, announced the next step in its Inland Marine product expansion — the launch of The Solution for Builder’s Risk, a comprehensive …

Business News: Vlocity, Weather Analytics, Chubb

Vlocity Launches Automated Claims Features, Offers Carriers Omnichannel Claims Functionality Vlocity, Inc., a cloud software company, announced the launch of automated claims features in their apps. The launch includes end-to-end management of property and casualty (P&C) insurance claims for policyholders, …

Business News: Munich Re, LexisNexis Risk Solutions, Independent Life Assignment Company

Munich Re Introduces Smart Mobility Program to Reduce Auto Fleet Collisions Munich Reinsurance America, Inc. unveiled its Smart Mobility Program offering a toolbox of solutions to address the complex issues surrounding commercial auto losses and to help reduce or avoid …

Business News: Plymouth Rock, State Farm, Ametros

Plymouth Rock Assurance Enters New York State Auto Insurance Market On the heels of its expansion into Pennsylvania, Plymouth Rock Assurance will introduce drivers in the Empire State to its unique product and service offerings like the Crashbusters mobile claims …

Business News: Beazley, PURE, Stonetrust

Beazley Adds Embedded Workplace Violence Cover for its U.S. Insurer Clients Specialist insurer Beazley has added embedded workplace violence cover to the range of specialist products that U.S. insurers can access through its Beazley Product Solutions (BPS) team. By partnering …

Business News: XL Catlin, NCCI, Access Insurance, Starr Companies

XL Catlin Offers Online Notification Option for Marine Claims in North America To help clients quickly and easily submit notification of their Marine insurance claims, XL Catlin has adopted an online claims reporting tool in the North America. Powered by …