CETA Insurance Ltd

Insurance Technology

Markel Corporation | November 16, 2021

Markel Corporation (NYSE: MKL) announced that it is winding down Lodgepine Capital Management Limited (Lodgepine), its retrocessional Insurance Linked Securities (ILS) fund manager based in Bermuda. Markel launched Lodgepine in 2019, with product offerings focused on property catastrophe retrocessional investments. In 2021, Lodgepine wrote a portfolio of property retrocessional business that consisted of approximately $230 million of initial limits. The Lodgepine Fund launched Jul...

Life Insurance

PRUDENTIAL INDIVIDUAL LIFE INSURANCE | November 15, 2022

Prudential Financial, Inc., has launched Prudential FlexGuard® Life, an innovative Indexed Variable Universal Life product that offers a flexible combination of protection, growth, and access to meet consumers’ changing life insurance needs. Inspired by the groundbreaking success of Prudential’s signature FlexGuard Indexed Variable Annuity products, which have reached over $10 billion in total sales, FlexGuard Life is a next-generation solution designed to help mee...

Texas Mutual Insurance Company | January 21, 2020

A Massachusetts-based functional capacity evaluations (FCE) firm has been ordered to pay $30,000 in restitution to workers’ compensation insurance provider Texas Mutual Insurance Company after pleading guilty to a third-degree felony on fraud-related charges. Texas Mutual alleged that Expert Medical Evaluators International (EME) used unlicensed providers to perform FCEs and overbill the insurer. According to Texas Mutual’s investigation, two unlicensed providers – Marcos Ricoy...

Insurance Technology

Majesco | December 17, 2020

Majesco, a worldwide supplier of cloud insurance platform programming, today announced the expansion of new partnerships and applications in the Majesco Digital1st® EcoExchange, a curated live, plug-n-play environment and administration center point of Majesco Digital1st® Insurance platform. These new applications will give new business capacities to quicken the insurance industry advanced transformation. “Majesco Digital1st® EcoExchange is a next-generation mark...