Sharp Insurance

CORE INSURANCE,INSURANCE TECHNOLOGY

Hildene Capital Management | November 25, 2022

Hildene Capital Management, LLC (“Hildene”), a $12 billion credit-focused asset manager, today announced the formation of Ludlow Re SPC, Ltd. (“Ludlow Re”), a Cayman Islands-based, Class B(iii) insurance company. Ludlow Re will offer reinsurance to the global insurance market and, as part of its inaugural transaction, will reinsure approximately $1 billion of fixed index annuity reserves through a quota share agreement entered into with a U.S.-based life in...

CORE INSURANCE,INSURANCE TECHNOLOGY

PCF Insurance Services | December 08, 2022

PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. DDS offers national automotive dealers, agents, and lender partners innovative F&I programs that promote employee confidence, fewer regulatory risks, and improved customer sales and satisfaction. "Direct Deal...

Nationwide | April 09, 2020

Nationwide is giving each of its personal auto policyholders a $50 refund because of the coronavirus outbreak. While other insurers have been giving money back to policyholders based on fewer claims because drivers are stuck at home, Nationwide is stressing that its effort is meant to get money to customers who have been hurt by the outbreak. The refund amounts to an average savings of 15% over two months and is on top of existing discounts customers already earn. It will be returned to customer...

INSURANCE TECHNOLOGY

Empathy | June 15, 2022

Empathy, a platform helping families navigate the journey they face after losing a loved one, today announced a partnership with New York Life Group Benefit Solutions, a leader in the group insurance market. The partnership is an expansion of the partnership announced between Empathy and New York Life1 last year to provide beneficiaries with logistical and emotional support after the loss of their loved ones. Bereaved employees and their families are often left grieving and in dis...