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Chubb | July 04, 2022
The personal accident, supplemental health, and life insurance businesses of Cigna (NYSE: CI) in six Asia-Pacific markets are housed in the life and non-life insurance firms that Chubb Limited (NYSE: CB) has completed its acquisition of. The businesses, which include Cigna's accident and health (A&H) and life business in Korea, Taiwan, New Zealand, Thailand, Hong Kong, and Indonesia, were purchased by Chubb for $5.36 billion. The final acquisition price was less than the first announceme...
USI Insurance Services | March 02, 2020
Only a few months have passed since USI Insurance Services announced its acquisition of a South Carolina-based insurance agency and now, the brokerage giant is at it again. This time, the purchased business is Tennessee-based Full Service Insurance Agency. Full Service Insurance was founded in 1975 and specializes in commercial insurance, employee benefits, and personal risk solutions for businesses and individuals. Terms of the transaction were not disclosed. This deal will help USI to expand i...
Resolution Life | January 05, 2021
Resolution Life Group Holdings LP, a global manager of in-force life insurance businesses, is charmed to declare today that it has finished the acquisition of Voya Financial, Inc.'s, individual life in-force business. The fulfillment sees Voya offer to Resolution Life significantly the entirety of its in-force individual life business, including Security Life of Denver Insurance Company, Midwestern United Life Insurance Company and certain different subsidiaries, just as the r...
Insurance Technology
Inszone Insurance Services | July 22, 2022
Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of B-W Insurance Agency, LLC. B-W Insurance was founded in 1984 by Bev Watenpaugh who entered the insurance industry after a successful professional career operating her own preschool. The agency was created to provide needed insurance for the more difficult driver and property owners. With the addition of husband Gene Watenpaugh an...
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