Max Bupa

Insurance Business Magazine | January 20, 2020

Auto insurance rates across the US continue to rise, and one state continues to pay the steepest premiums, a new report from The Zebra has found. The insurance comparison site carried out a survey of 73 million rates in 2019, and found that the state of Michigan – already infamous in past years for its high rates – had average annual auto insurance rates of $3,096. This represented a 7.3% increase from 2018’s average, and a 39.5% increase over 2011. By comparison, the national ...

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 ...

Cision PR Newswire | September 02, 2020

Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired Elevate Insurance Brokers (Elevate Insurance). Terms of the transaction were not disclosed. Based in Grande Prairie, Alberta, Canada, Elevate Insurance is a locally owned, independent insurance agency that provides property & casualty products, including home, auto, recreational vehicle and business insurance. Pierce Krol, President, and Otilja Majewski, Partner at Elevate Insurance, w...

Farmers Insurance | April 08, 2020

Farmers Insurance has announced that it will provide relief to more than 115,000 of its business insurance customers under its Farmers Cares initiative. Business customers in the restaurant, office, retail and service sectors – which have been strongly impacted by the COVID-19 outbreak – will receive a 20% monthly credit on their business owner’s policy for the next two months on their upcoming premium notices. “We understand how challenging running a business can be, par...