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Sapiens | April 20, 2021
Sapiens Americas, a wholly-owned subsidiary of Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced today that Co-operative Insurance Companies, which provides insurance for farms, homes, automobiles, and businesses in Vermont and New Hampshire, has chosen Sapiens ReinsurancePro and FinancialPro solutions to transform its financial operations.
Sapiens advanced insurance solutions are being implemented by Co-op to ...
GEICO | March 24, 2020
To help customers in a financial pinch in the wake of the COVID-19 pandemic, GEICO has announced that it is temporarily pausing cancellation of coverage due to non-payment and policy expiration. According to a company release, the pause will remain in effect through April 30, 2020. On top of the suspension of cancellations, GEICO also has plans to offer flexible, special payment plans to those who need it once normal billing operations resume. “This ongoing situation impacts everyone, and ...
NJ PURE | March 18, 2020
NJ PURE – a medical malpractice insurer based in New Jersey – has entered a partnership reinsurance contract with General Reinsurance Corporation (Gen Re), a Berkshire Hathaway member company. A release said that the agreement will strengthen NJ PURE’s position in the industry and will support its growth in the years to come. “All of our policyholders may now take added comfort in knowing that NJ PURE has the financial support of Gen Re and the billions of dollars in asse...
Aon | March 09, 2020
Aon Plc (AON.N) said on Monday it would buy Willis Towers Watson Plc (WLTW.O) for nearly $30 billion, in an all-stock deal which will make it the world’s biggest insurance broker and give it more pricing power, but also attract regulatory scrutiny. The acquisition, the insurance sector’s largest ever, unifies the second and third largest brokers globally into a company worth almost $80 billion, overtaking market leader Marsh & McLennan Companies Inc (MMC.N). It comes at a time wh...
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