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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...

CLAIMS

Majesco | August 31, 2021

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it has been recognized as a Challenger in the August 2021 Gartner Magic Quadrant for Life Insurance Policy Administration Systems, North America. Per the report, which evaluates 15 vendors, “The pace of policy administration system adoption by life insurers in 2020 continued uninterrupted despite COVID-19. North American life insurance CIOs can use this ...

INTELLECTUAL PROPERTY

MarshBerry | January 19, 2022

MarshBerry, a leading investment banking and consulting firm serving the Insurance Distribution and Wealth Management industries, is pleased to announce its partnership with Atlas Merchant Capital ("Atlas"). The new partnership will help MarshBerry accomplish its growth goals by improving and expanding services to create even better outcomes for clients. This partnership provides access to additional resources to help execute on strategic growth initiatives including exp...

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 ...