Ayr Farmers Mutual Insurance Company

PRWeb | August 21, 2020

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, announced today that is has acquired FNL Insurance Group, effective August 1, 2020. For over 40 years, FNL Insurance Group has been helping clients with their employee benefit and health care insurance needs. The firm is located in Timonium, Maryland, where they partner with small and mid-sized employers to develop sustainable benefits programs that support employees while keeping co...

Arch Capital Group | February 25, 2020

Natixis SA agreed to sell most of its remaining stake in credit insurer Coface SA to Arch Capital Group in a 480 million-euro (US$521 million) deal that may allow the French lender to return more excess cash to shareholders. Arch Capital, a US specialty and mortgage insurer, will acquire 29.5% of Coface at 10.70 euros a share, Natixis said Tuesday. That’s a discount of 6% to Monday’s closing price. The French bank will keep its remaining 12.2% stake as a financial investment. Natixis...

Insurance Technology

Setoo, Pattern Insurance | July 19, 2021

Setoo, an embedded insurance pioneer, announced today that it has entered into a merger agreement with Pattern, an insurtech startup that has emerged from stealth mode. Pattern will be the name of the joint venture's activities in Europe and the United States. Pattern will assist companies in generating new revenue streams and increasing customer satisfaction by transforming all of their online transactions into protected experiences without the need to be an insurer. Pattern ...

Nationwide | February 24, 2020

Whether they're driving a new Toyota off the lot or already have one in the driveway, car owners behind the wheel of a Toyota connected vehicle now have an easier way to get insurance. Nationwide and Toyota Insurance Management Solutions (TIMS) have teamed up to launch TIMS BrightDrive™ i, a Toyota insurance experience that simplifies the purchasing process while rewarding customers for their safe driving. TIMS BrightDrive uses driving data collected from the connected vehicle to provi...