Allegany Insurance Group

INSURANCE TECHNOLOGY

Mindtree, UPC Insurance | April 27, 2021

Mindtree, a main advanced change, and innovation administration organization, has joined forces with Duck Creek to improve the client experience for UPC Insurance clients through the execution of SaaS-based center frameworks. This incorporates strategy, charging, claims, information bits of knowledge, and protection innovation arrangements just as the combination of various applications on a solitary coordinated stage, made conceivable with Duck Creek OnDemand, the supplier's SaaS answer for...

Progressive, Travelers, USAA | April 09, 2020

More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place and other conditions required during the coronavirus crisis. Progressive Insurance announced it is providing approximately $1 billion to its drivers as a result of fewer claims that come with less frequent driving. Subject to approval by state regulators, Progressive personal auto customers who have a policy in force as of April 30th will be credited 20...

K2, Homesite | January 27, 2020

K2 Insurance Services, a subsidiary of Aegis General Insurance Agency, has announced a strategic partnership with Homesite Underwriting Managers, the program business unit of Homesite Insurance Group. “Homesite’s record of success and innovative focus within the residential property market will allow Aegis General to continue our growth trajectory and industry-leading profitability within the manufactured-home and affordable-housing insurance sectors,” said Bob Kimmel, presiden...

RISK MANAGEMENT

Sun Life | January 04, 2022

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it completed the redemption of all of its issued and outstanding Class A Non-Cumulative Rate Reset Preferred Shares Series 12R. About Sun Life Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United...