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Jencap Group LLC | January 04, 2022
Jencap Group LLC (Jencap) has agreed to acquire International Assurance of Tennessee (IAT), a Managing General Underwriter (MGU) specializing in Employer and Medical Stop Loss Insurance. IAT will operate under the auspices of the Jencap Program Administrators LLC division.
“The rapidly changing landscape of the insurance industry demands precision and expertise. When you integrate IAT’s niche specialization and proven success into Jencap’s establish...
Insurance Business Magazine | January 15, 2020
While the world watches the Australian bushfires ravage the country, it’s not the only region that’s felt the brute force of the fiery catastrophe. The past year may not have been California’s worst wildfire season on record – that title went to 2018 – but still, in late October, fires broke out throughout the state and led to the evacuation of more than 200,000 people as well as a declaration of a state of emergency, according to the Insurance Information Institute...
Sun Life | January 28, 2020
The asset management arm of insurance giant Sun Life Financial is planning its first middle-market private debt acquisition, according to a Reuters report. The newswire suggests that the move is part of a strategy of aiming to expand into higher-yielding investments. Randy Brown, head of insurance asset management at SLC Management, told Reuters that the firm will focus on higher-quality middle-market issuers with “strong covenant protection” and could also reallocate risk from elsew...
HUB International | December 01, 2021
Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, has developed HUB Tenant Liability Captive Insurance for owners, operators and managers of residential rental real estate that will create an additional revenue stream for them by enabling them to retain the majority of the paid premium.
Working with Property Owners Protection Insurance Company, LLC (POPIC), an A-Rated insurer, HUB will roll out the captive to its more than 13,000 re...
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