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Walmart | July 09, 2020
In a surprise move, retail corporation Walmart has entered the health insurance market and has even begun hiring licensed insurance agents for its new business. The company announced in a virtual conference that it would start selling health insurance plans with the creation of “Walmart Insurance Services LLC.” MedCity News reported that the new business’s name was first filed with the Arkansas Secretary of State late last month....
Marsh & McLennan Agency | January 31, 2020
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has today announced its purchase of Momentous Insurance Brokerage, a Los Angeles-based independent insurance agency with particular expertise in the entertainment industry. Momentous provides full-service risk management, insurance and employee benefits solutions. It’s target sectors are high net worth private clients – a known focus within MMA – and the entertainment sector. The brokerage was ...
INSURANCE TECHNOLOGY
Vertafore | April 01, 2022
Insurance professionals from across the country gathered in Denver this week for Accelerate, powered by NetVU. The event was for four days of education, networking and a tour of the latest Vertafore® InsurTech innovations. Attendees were educated about the new additions and what's next for their core insurance technology. They were also provided with information about getting the most out of the solutions by themselves during the conference's general sessions. NetVU al...
Insurance Business America | April 02, 2020
Turn the clock back just a few months and it’s fair to say that nobody would have seen the coronavirus pandemic coming. However, in this short space of time “business as usual” has become anything but – and insurers have been sent spinning as a result. With a host of legal cases threatening to put insurance companies on the hook for business interruption claims, firms within the sector have become increasingly concerned about employees, customers and shareholders filing c...
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