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Workers Compensation
Orchid Insurance | March 01, 2022
Orchid Underwriters Agency, LLC (“Orchid”), a specialty underwriter of catastrophe-exposed property insurance, announced that its financial sponsors, led by TowerBrook Capital Partners L.P. (“TowerBrook”), an international investment management firm, have entered into a definitive agreement to sell the company to Brown & Brown, Inc. (“Brown & Brown”), an insurance brokerage firm. The sale comprises all of Orchid’s Managing General Underwriter (MG...
InsurePay | April 20, 2020
InsurePay, which allows insurance providers to offer pay-as-you-go billing for workers’ compensation and general liability policyholders, has announced that its billing platform for the workers’ comp industry allows businesses to pay premiums based on real-time payroll wages, improving cash flow during the COVID-19 outbreak. InsurePay’s Pay-As-You-Go platform calculates workers’ compensation premiums based on actual payroll data rather than estimated annual payroll...
Core Insurance, Insurance Technology
Falvey | February 28, 2023
On February 27, 2023, Falvey Insurance Group (Falvey) launched inland marine coverage to its existing product offering. With the natural extension, it has on board an experienced team to establish this inland marine product in the insurance market. The list of the experienced team members and their respective designations in the company is as follows: Ed Helfers – Principal, Inland Marine Lisa Uzzo – Principal, Inland Marine ...
Claims, Insurance Technology
PRnewswire | July 20, 2023
Simplifai, an AI automation solutions provider, launches Simplifai InsuranceGPT – a world-first custom-built GPT tool, fuelled by the company's revolutionary no-code AI-powered platform. With InsuranceGPT, Simplifai has strengthened its end-to-end business process automation capabilities, providing enriched communication between insurers and their customers through the power of generative AI - delivering fast, concise, and accurate responses in a secure way. ...
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