Business News & Mergers News

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 …

Business News: Tokio Marine, SAS and iCAS, GenNx360

Tokio Marine Streamlines Cargo,Product Contamination Coverage Tokio Marine America and Tokio Marine HCC, two subsidiaries of Tokio Marine Holdings, are offering food and beverage importers simplified access to Cargo and Product Contamination coverage. This partnership will offer broader choices and …

Business News: Travelers, Charles Taylor, IICF

Travelers Delegation Building Baseball Field in Puerto Rico Travelers chief executive Alan Schnitzer is leading a delegation of 35 volunteers who are in Puerto Rico to build a baseball field. The insurance company says the group is fixing up a …

Business News: JLT Specialty USA, Betterview, The Institutes, CapSpecialty

JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc., a global specialist risk advisor and broker, announced the company has chosen Chicago as its U.S. headquarters. The Chicago office is located at 225 West Wacker on the …

Business News: American Family, Trov/Waymo Partnership, ClaimVantage

American Family Invests in Advanced Analytics and AI Through Acquisition of Networked Insights With the purchase of Chicago-based data and analytics software company, Networked Insights, American Family Insurance will accelerate its digital transformation, including its use of data, advanced analytics …

Business News: Sedgwick, GEICO, Bardavon Health Innovations, Enservio

Sedgwick to acquire Cunningham Lindsey Sedgwick Claims Management Services, Inc., a global provider of technology-enabled risk and benefits solutions, has signed an agreement to acquire Cunningham Lindsey, a global loss adjusting, claims management and risk solutions firm. Cunningham Lindsey assists …