ICBC (Insurance Corporation of British Columbia

LIFE INSURANCE

Sapiens, LifeScore Labs | December 04, 2020

Sapiens International Corporation, a main worldwide supplier of software answers for the insurance business, reported today an association with LifeScore Labs, a completely possessed insurtech subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual), to offer life guarantors progressed AI capacities for more exact risk assessment and underwriting. Through a consistent reconciliation with Sapiens Underwriting Pro, transporters can get a moment assessment of mortality ...

State Farm | February 11, 2020

State Farm has donated $30 million to Arizona State University (ASU) to help fund the university’s new career development program, “Pathways for the Future.” The “Pathways for the Future” program offers financial aid to Maricopa County Community College and ASU students who want to enroll in online ASU courses. In addition to university students, the program is also open to local high school students, as well as career professionals looking to compete for new and ev...

BRP Group | April 02, 2020

Baldwin Risk Partners Group (BRP Group) has announced that its subsidiary, Baldwin Krystyn Sherman Partners (BKS), has acquired all the assets of Insurance Risk Partners (IRP). Based in Oklahoma City, IRP is a provider of P&C insurance and additional consulting services. Founded in 2016, the firm’s client roster includes domestic and international infrastructure-focused private equity firms and their investment subsidiaries, as well as publicly-traded utilities, independent power gener...

GEICO | July 17, 2020

A new report by Fitch Ratings reveals that not only are US personal line insurers expected to see underwriting profits this year despite the pandemic, but there could be soon a reshuffle of America’s top insurers. The report said that the ongoing pandemic is “substantially affecting” the insurance industry in terms of underwriting and investment. Personal line insurers, in particular, are heavily impacted by the decline in risk exposures related to changes in economic and socia...