PSA Insurance & Financial Services

Risk Management

Sun Life | January 04, 2022

Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) announced today that it completed the redemption of all of its issued and outstanding Class A Non-Cumulative Rate Reset Preferred Shares Series 12R. About Sun Life Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United...

Core Insurance

Newfront | July 16, 2021

Newfront Insurance, a cutting-edge technology-enabled brokerage, and ABD Insurance and Financial Services, a renowned pioneer in employee benefits, insurance, and financial services, have agreed to merge, revolutionizing the insurance experience for customers and insurance professionals alike. The merged firm, known as Newfront, is valued at $1.35 billion and is scheduled to complete by the end of August. The merger of these two market leaders will create 600 jobs, service over 10...

Insurance Technology

Farmers Insurance | September 21, 2021

Farmers Insurance® today announced plans to use a digitally controlled mobile robot to assist with in-field catastrophe claims handling and non-catastrophe property inspections, helping to improve the safety and efficiency of both while becoming one of the first national P&C insurers to deploy a robotic quadruped. Created by Boston Dynamics and customized for Farmers®, "Spot" will join claims personnel beginning as early as fall 2021 to help assess dama...

At-Bay | February 27, 2020

At-Bay has announced the launch of an automatically underwritten technology errors and omissions policy. At-Bay’s Technology & Cyber Insurance Policy expands coverage beyond cyber liability to include tech E&O. With the launch of the new policy, brokers will be able to get instant tech E&O quotes using At-Bay’s online broker platform or API and email submissions. “With our technology, brokers can get a tech E&O quote in seconds,” said Brett Sadoff, At-Bay ...