Euro-Center

K2 Insurance | February 04, 2020

K2 Insurance Services (K2) has announced today that it is entering into a deal with London-headquartered MGA Pioneer Underwriters. Notably, this transaction will be the specialty insurance services holding company’s first acquisition outside of the United States. According to a press release, the UK underwriting organization will be the linchpin for a new international platform from K2. Initially, this will include products in Pioneer’s property cat reinsurance, financial institution...

Aon | February 12, 2020

The credit insurance market continues to grow as volatility increases, according to a new report by Aon. Uncertainty around global affairs such as the trade tensions between the US and China and Brexit mean businesses – especially those looking to expand through international trade – are facing increased volatility, according to Aon. Changing purchasing behavior, increasing consumer expectations and digital transformation are also adding to the disruption. Businesses have to manage t...

Alera Group | April 15, 2020

Alera Group has acquired Georgetown Insurance Service, an independent insurance agency in Silver Spring, MD. Terms of the transaction were not disclosed. Georgetown Insurance has been serving clients in and around the state of Maryland for decades, a release said. The agency has worked closely with clients from the construction, manufacturing, real estate and transportation industries, providing “specialty offerings and enhanced services.” “Georgetown Insurance Service, led by ...

INSURANCE TECHNOLOGY

First Light Recovery | April 12, 2022

First Light Recovery reported new in-network agreements with seven esteem insurance companies, namely Kaiser Permanente, Anthem BlueCross, HMC Healthworks, Magellan, Multiplan, First Health, and United Healthcare. The mental health provider, First Light, hopes that this update will make other mental health services more available to people in the area. When a provider is in-network with an insurance company, individuals with those policies may benefit from several services, such a...