RSA

Universal Insurance Holdings Inc | October 12, 2018

While Hurricane Michael considered the third-most intense hurricane to make landfall on the US – has hit Florida particularly hard, major insurance companies will not be paying for the damages arising from the weather event. That responsibility falls upon smaller, lesser-known insurers and the reinsurance companies backing them....

Insurance Business America | March 21, 2019

Following the recent ruling of a provincial court over the controversial case regarding the use of universal life insurance policies as investment vehicles, credit rating agency DBRS has issued a statement supporting the decision. Last week, the Court of Queen’s Bench for Saskatchewan dismissed the primary claims of Mosten Investment, Ituna Investment and Atwater Investment– in three separate court applications – against respondents Manulife, Industrial Alliance, and BMO Life A...

RSA | March 09, 2018

Brokers, there’s a new packaged insurance offering from RSA that customers may get hold of through you. If you have clients within the UK’s care sector, then this might be of particular interest. Called “RSA Care,” the specialist insurance and risk management product caters to care homes, hospices, residential homes, and daycare centres in the UK. Also covered are children’s homes, homes for supported living, domiciliary care providers, and counselling services....

Insurance Business Magazine | January 16, 2020

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...