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Progressive, Travelers, USAA | April 09, 2020
More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place and other conditions required during the coronavirus crisis. Progressive Insurance announced it is providing approximately $1 billion to its drivers as a result of fewer claims that come with less frequent driving. Subject to approval by state regulators, Progressive personal auto customers who have a policy in force as of April 30th will be credited 20...
THG | January 29, 2020
Group Brokerage Insurance Agency (GBIA). The transaction was effective January 01. GBIA is an employee benefits agency that focuses on providing group medical, dental, life, short- and long-term disability, and long-term care insurance. GBIA founder John Siracusa and his team will join THG’s New England operations. “We are excited to join forces with THG,” Siracusa said. “Now, as part of a top-25 national broker with full-service capabilities, we will be able to offer our...
Alera Group | April 15, 2020
Alera Group has acquired Georgetown Insurance Service, an independent insurance agency in Silver Spring, MD. Terms of the transaction were not disclosed. Georgetown Insurance has been serving clients in and around the state of Maryland for decades, a release said. The agency has worked closely with clients from the construction, manufacturing, real estate and transportation industries, providing “specialty offerings and enhanced services.” “Georgetown Insurance Service, led by ...
ProSight Global, Inc. | August 23, 2021
ProSight Global, Inc., a domestic specialty insurance holding company, today announced their agreement with Cenata Limited ("Cenata"), a leading insurtech software provider, to use Cenata's uniquely capable outwards reinsurance solution, Cenata SURE.
Cenata SURE is a full cycle outwards reinsurance management solution, able to take and process real time premium and claims data from multiple inwards systems to provide real-time analysis irrespective of the complexity ...
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