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Amynta Group | February 11, 2020
Amynta Group has announced that PDP Group – Amynta’s managing general agency specializing in offering insurance and title administration services to auto dealerships – will be offering a parametric hail insurance program. PDP Group has partnered with Hailsure Underwriting Managers to offer the new insurance program to auto dealers. A release said that Richard Duer, managing member of Hailsure, helped to develop the first parametric hail program in 2019 for auto dealers in Color...
YF Life, eBaoTech | April 26, 2021
eBaoTech Corporation (eBaoTech), a global provider of digital insurance solutions, and YF Life Insurance International Ltd. (YF Life), a major Hong Kong insurance firm, are pleased to announce the successful launch of their new policy management system for YF Life, which replaces a legacy core system that had been in operation for many years. The new core system, eBaoTech® LifeSystem Suite, is now used to serve all YF Life business lines in Hong Kong and Macau.
YF Life is a te...
Specialist Risk Group, HGGC | December 21, 2020
Specialist Risk Group, a quickly developing specialist insurance broker, today reported that it has consented to a complete arrangement to be procured by driving center market private value firm HGGC. SRG's supervisory crew will contribute close by HGGC and keep on holding a huge stake in the business. The private exchange is relied upon to shut in Q1 2021, subject to administrative endorsement. As a component of the exchange, existing financial specialist Pollen Street Capital will leave th...
Randall & Quilter Investment Holdings (R&Q) | April 27, 2020
Randall & Quilter Investment Holdings (R&Q) has announced that it has entered into a loss portfolio transfer reinsurance contract and a transfer agreement with Repwest Insurance Company. Repwest is based in Phoenix, Ariz., and is a wholly owned subsidiary of AMERCO, the parent company of U-Haul.
The transaction assists Repwest in reaching its target of economic finality for its Assumed Re run-off business, which it underwrote from 1978 to 2003. Aon served as the reinsurance broker...
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