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Sompo GRS | February 07, 2020
Sompo International Holdings has announced that Sompo Global Risk Solutions (Sompo GRS) – a specialty provider of P&C insurance and reinsurance – is introducing a comprehensive product for the life sciences market. The new Sompo Life Science Plus offers coverage for various life science products. These include products used in human clinical trials, products loaned or rented to others, representations and warranties made with respect to a named insured’s product, limited co...
Core Insurance, Risk Management
Businesswire | April 20, 2023
Inszone Insurance Services: a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Corbett & Associates Insurance Agency. Corbett & Associates Insurance Agency, based in eastern Ventura County, California, was founded in 1985 by Rick Corbett and his father, Robert Corbett. Over the past three decades, the agency has expanded to serve nearly 4,000 families and businesses across California and Arizona, ...
Insurance Business America | April 02, 2020
A new release from financial analysis firm Demotech has revealed that in addition to the business interruption insurance segment, there is another sector facing immense stress caused by the COVID-19 pandemic – credit insurance. According to the release, there were 102 insurers as of December 31, 2019 that reported direct premium written for credit insurance. Direct premium written for credit insurance for those insurers was $2.2 billion at year-end 2019. Of the 102 credit insurers, the top...
Brown & Brown | March 13, 2020
Brown & Brown has revealed that one of its subsidiaries – Hull & Company – has acquired all the assets of The Colonial Group and its affiliate, Colonial Premium Finance Company. Founded in 1961, The Colonial Group is a managing general agency for independent retail insurance agents handling P&C insurance for businesses and individuals, mainly in the Southeast. It specializes in housing, recreational, and specialty insurance, as well as certain nationwide niche insurance p...
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