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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...
Life Insurance
Milliman | December 03, 2021
Milliman, Inc., a premier global consulting and actuarial firm, today announced the acquisition of Ruark Consulting, the platform and industry benchmark for principles-based insurance data analytics and risk management. Ruark publishes experience studies that are the leading benchmark for life insurers, with data contributed each year from companies comprising over $1.1 trillion of current annuity account values. These studies address complex and interrelated behaviors such as surrenders, partia...
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 ...
Insurance Technology
TONI Digital | December 23, 2020
TONI Digital, a leading European insurtech provider, has picked Socotra, the main cloud-native insurance center platform, to control the new TONI insurance-as-a-service innovation platform for the white-label insurance market. TONI Digital has built up an insurance-as-a-service arrangement enabling large corporations to rapidly enter the insurance market, generate income, and leverage existing brand and client bases. Based on Socotra's agile center platform, TONI Digital's...
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