Global Atlantic Financial Group

Risk Strategies, Atlas Insurance | March 05, 2020

Risk Strategies has announced its acquisition of Atlas Insurance Management, as part of the former’s purchase of Atlas Group Limited and its affiliated entities. Terms of the transaction were not disclosed. The announcement comes immediately after Risk Strategies completed a recapitalization transaction with private equity firm Kelso & Company. A previous company statement said that the transaction would help fund Risk Strategies’ ongoing acquisition strategy, among other busines...

CORE INSURANCE

Cognizant and AXA | August 04, 2022

Cognizant today announced that it has been selected by AXA UK & Ireland as a technology partner to help consolidate, modernize and manage part of its IT operations. AXA UK & Ireland is transforming its technology ecosystem to create a more digitally-enabled, modern and agile IT environment that is data-rich, secure and sustainable with lower overall cost. Under the new multi-year agreement, Cognizant will provide multi-faceted managed services and cloud migration services,...

Munich Re | April 01, 2020

The impact of the coronavirus on the insurance industry keeps on coming. The latest victim has been Munich Re, which withdrew its profit guidance for the year as a result of significant insurance claims triggered by the cancellation of large events. Governments across the globe have been banning these public gatherings in the fight to slow the spread of COVID-19. The reinsurer stated that claims within its property and casualty reinsurance segment have caused it to anticipate profits in the low ...

North P&I Club | February 05, 2020

North P&I Club has announced the launch of a digital tool to help shipowners and operators track the spread of the coronavirus outbreak. North has developed its MyGlobalView platform so that it can now provide live updates on the number of confirmed cases of the virus, countries at risk, and what to look out for, the company said. The software sources its data from the World Health Organization (WHO) and other sources, and can assist ships with chartering and operations and help prepare staf...