Plum Underwriting Ltd

Insurance Business America | April 13, 2020

Auto insurance companies in the US will offer about $10.5 billion in insurance premium rebates to their customers, the Insurance Information Institute (I.I.I.) reports. I.I.I. said in a release that it based its findings on an analysis of 14 auto insurers operating in America who recently announced premium refunds, discounts, dividends, and credits totaling $8.1 billion. These insurers cited reduced policyholder mileage and the receipt of fewer claims resulting from the COVID-19 crisis as the re...

Farmers Insurance | February 20, 2020

Farmers Insurance is introducing its auto insurance product in South Carolina. A release stated that South Carolina marks the eighth state in which Farmers Insurance has expanded access to its products since 2011. Since that year, the insurer has over a million policies in force thanks to its eastern expansion in states such as Florida, Connecticut, Georgia, Maryland, New Jersey, New York, and Pennsylvania. Farmers Insurance president of personal lines Keith Daly said that the launch of its full...

Core Insurance

HUB INTERNATIONAL | August 09, 2022

HUB International Limited, a leading full-service global insurance brokerage and financial services firm, announced today that it has acquired the assets of Intercontinental Growth Strategies, LLC (IGS). Terms of the transaction were not disclosed. Located in Chicago, Illinois, IGS is a trade credit insurance brokerage helping clients grow sales safely and aggressively while protecting against any bad debt loss coming from bankruptcy or non-payment. &q...

Insurance Technology

OWIT Global | December 02, 2020

OWIT Global, a provider of insurance-specific microservices solutions for the global insurance industry, declares a serious arrival of their Bordereaux Management Solution. The new delivery grows insurance-specific business rules, furthers usefulness to help approaching and active data takes care of, and contains extra pre-characterized execution dashboards. The Bordereaux Management Solution fathoms the insurance business' need to automate bordereaux preparing for MGAs, Carri...