RSA Insurance Ireland

Insurance Business America | March 27, 2020

Insurance companies are being pressured by the federal government to pay for the massive influx of business interruption insurance claims filed in the wake of the COVID-19 pandemic – something the industry is worried could lead to not just insolvencies, but the destabilization of the entire economic landscape. Last week, 18 legislators of the House told insurance trade groups that their members should recognize financial losses triggered by the outbreak as part of their policyholders&rsquo...

Insurance Technology

Sapiens | March 08, 2022

Sapiens International Corporation announced that Builders Insurance Holdings S.A is transforming its legacy growth plans with the end-to-end solutions of Sapiens. Sapiens International Corporation is a supreme global provider of software solutions for the insurance industry, and Builders Insurance Holdings S.A is a top P&C insurance and reinsurance service provider. According to the news, Sapiens IDITSuite and Sapiens Intelligence will transform Builders' numerous legacy s...

AIG | February 26, 2020

American International Group (AIG) has entered into an accelerated share repurchase (ASR) agreement with Citibank to repurchase $500 million in AIG common stock. The agreement is part of AIG’s $2 billion share repurchase authorization announced in February 2019. “We remain committed to delivering long-term, sustainable value to all of our stakeholders,” said Brian Duperreault, CEO of AIG. “While AIG 200, investing in our business and reducing leverage are key components o...

Core Insurance,Insurance Technology

Majesco | December 05, 2022

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced the launch of its new and completely redesigned website bringing an elevated digital experience to its visitors. The new website comes after the launch of the new Majesco brand and is a continuation of Majesco’s commitment to providing the market and customer community with an easy, personalized and tailored experience. “While today’...