Meridian

Core Insurance, Insurance Technology

Businesswire | July 18, 2023

FINEOS Corporation (ASX:FCL) announced today that Securian Canada has selected FINEOS for its disability management claims administration software solution. Securian Canada is a leading insurance provider of innovative, life-ready insurance and protection solutions in Canada. The FINEOS claims administration solution is scheduled to go live this fall to support Securian Canada’s short- and long-term disability benefits programs. FINEOS is the global leader providing end-to...

Core Insurance,Insurance Technology

Trean Insurance Group | December 19, 2022

Trean Insurance Group, Inc. (Nasdaq: TIG) (“Trean” or the “Company”), a leading provider of products and services to the specialty insurance market, today announced that it has entered into a definitive merger agreement with affiliates of Altaris, LLC (collectively with its affiliates, “Altaris”), which currently owns approximately 47% of Trean’s outstanding common stock. Under the terms of the agreement, Altaris will acquire all of the common stock that...

Traveler | April 22, 2020

Travelers has reported a 25% drop in quarterly profit. The company also warned that potential claims for compensation coverage for furloughed and laid-off employees would impact its results for the year, according to a Reuters report. With the coronavirus pandemic weighing on the economy, millions of Americans are now jobless. Travelers said it might see “elevated claims frequency and severity” for its workers’ compensation line of business as states expand workers’ comp ...

Marsh | April 01, 2020

Insurance brokerage and risk advisory giant Marsh has today announced its acquisition of Assurance Holdings, Inc. a Schaumburg, Illinois-based independent insurance agency. Terms of the transaction were not disclosed. Assurance is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the United States. The firm, which was founded in 1961, was officially acquired by Marsh & McLennan Agen...