Furness Underwriting Ltd

Life Insurance

PR Newswire | January 10, 2024

illumifin, a leading third-party insurance administration and technology provider, today announced it has acquired Administrative Partners of America (APA), the Third-Party Administrator (TPA) of AmeriLife, a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions. As one of the largest independent marketing organizations (IMO) in the U.S., AmeriLife and APA administer approximately 230,000 policies that ...

Insurance Technology

ProSight Global, Inc. | August 23, 2021

ProSight Global, Inc., a domestic specialty insurance holding company, today announced their agreement with Cenata Limited ("Cenata"), a leading insurtech software provider, to use Cenata's uniquely capable outwards reinsurance solution, Cenata SURE. Cenata SURE is a full cycle outwards reinsurance management solution, able to take and process real time premium and claims data from multiple inwards systems to provide real-time analysis irrespective of the complexity ...

Core Insurance,Risk Management

Munich Re and HSB | December 09, 2022

HSB, a provider of specialty insurance and technology services and a U.S. subsidiary of global reinsurer Munich Re, today announced they will expand their suite of risk management technologies and financial protections through a strategic agreement with Schneider Electric. HSB and Schneider Electric, a global leader in digital transformation of energy management and automation, will distribute their respective solutions and technologies to each other’s clients. ...

Insurance Business America | April 29, 2020

The coronavirus outbreak has had an impact on the business coming through insurance agencies and carriers over the past month, with the week of April 13 specifically seeing quoting volumes 34% below expectations, according to Insurance Technologies Corporation’s (ITC) latest “State of Insurance Rating COVID-19 Weather Report.” However, as stimulus checks hit Americans’ bank accounts throughout the week, Tuesday’s quoting volume increased by 35% to come in at 28% bel...