Afirm

Cision PR Newswire | October 06, 2020

CGI and Fennia Mutual Insurance Company have expanded their strategic relationship. CGI will assume responsibility for a majority of Fennia's IT services under a contract valued at approximately 48 million euros. Under the new agreement, CGI will manage Fennia's application development and maintenance services and also provide support services for Fennia's end-users and operating environments. Fennia will benefit from CGI's strong combination of business consulting, systems integ...

Randall & Quilter Investment Holdings (R&Q) | April 27, 2020

Randall & Quilter Investment Holdings (R&Q) has announced that it has entered into a loss portfolio transfer reinsurance contract and a transfer agreement with Repwest Insurance Company. Repwest is based in Phoenix, Ariz., and is a wholly owned subsidiary of AMERCO, the parent company of U-Haul. The transaction assists Repwest in reaching its target of economic finality for its Assumed Re run-off business, which it underwrote from 1978 to 2003. Aon served as the reinsurance broker...

INSURANCE TECHNOLOGY

Confie | December 15, 2021

Confie, the largest independent personal lines distributor in the U.S., today announced it will acquire Velox Insurance as an affiliate to its nonstandard national brand Freeway Insurance. The acquisition includes all 40 locations in Georgia, tripling Confie's presence in the state, as well as two Florida franchise locations. Freeway Insurance will retain all current Velox Insurance employees and franchise holders – including founder Jose L. Robayo-Ramirez– as well...

RISK MANAGEMENT

Buckle and Origami Risk | September 08, 2022

Buckle, the financial services company providing auto insurance solutions for the gig economy, has selected Origami Risk’s multi-tenant SaaS P/C platform to support policy administration, billing, and advanced analytics for its auto insurance programs. In addition to providing technology-based tools and functionality, Origami’s platform will enable Buckle to deliver more robust services with greater speed to its rapidly expanding and specialized customers, partners, an...