Reliance Standard

INSURANCE TECHNOLOGY

NeuroFlow | February 25, 2022

Mental health and emotional well-being challenges are on the rise, and that's why Aflac, a leading provider of supplemental insurance in the U.S., entered into a strategic relationship with NeuroFlow that adds an innovative mental health solution designed to help individuals screen and monitor existing and undetected behavioral health conditions. With NeuroFlow, employees are empowered through self-service resources that provide insight into the "what" and "why" of ...

Munich Re | April 01, 2020

The impact of the coronavirus on the insurance industry keeps on coming. The latest victim has been Munich Re, which withdrew its profit guidance for the year as a result of significant insurance claims triggered by the cancellation of large events. Governments across the globe have been banning these public gatherings in the fight to slow the spread of COVID-19. The reinsurer stated that claims within its property and casualty reinsurance segment have caused it to anticipate profits in the low ...

American Club | February 25, 2020

The American Club saw solid performance over the 2020 P&I renewal season despite challenging conditions in the shipping and insurance sectors. Year-on-year premium for the club’s mutual P&I class stayed flat. A small decrease in revenue for its freight, demurrage and defense (FD&D) business was offset by a commensurate increase in premium for charterer’s entries. Total income on renewal will be nearly identical for 2020 to that for 2019, the American Club said. Premium at...

CORE INSURANCE, INSURANCE TECHNOLOGY

PCF Insurance Services | February 02, 2023

On February 1, 2023, PCF Insurance Services informed that it has acquired Oak Point Risk Advisors, a risk management and insurance agency for the construction, gas, oil, and maritime industries, to expand its capacity. This integration will bring a collaborative experience, an extended relationship with local clients, and accelerated coverage, pricing, and financial solutions for unique business risks. The reason behind its success is its data-driven strategies, innovation, stan...