Teachers Health

Sun Life | January 28, 2020

The asset management arm of insurance giant Sun Life Financial is planning its first middle-market private debt acquisition, according to a Reuters report. The newswire suggests that the move is part of a strategy of aiming to expand into higher-yielding investments. Randy Brown, head of insurance asset management at SLC Management, told Reuters that the firm will focus on higher-quality middle-market issuers with “strong covenant protection” and could also reallocate risk from elsew...

Core Insurance, Insurance Technology

Companjon and bunq | February 10, 2023

Companjon, an insurance company, has recently announced its partnership with bunq, a finance company, bringing an end-to-end embedded insurance solutions to bunq users in European markets and providing automatic compensation for financial losses. This partnership will enable Companjon to offer an extended warranty and purchase protection, covering financial loss for goods purchased by bunq Easy Green users. bunq's Easy Green plan allows users to reduce their carbon footprint...

Workers Compensation, Life Insurance

PRnewswire | May 02, 2023

Leading voluntary benefits provider Colonial Life has launched Gathr, a cloud platform to transform the way small businesses deliver benefits and address common human resources needs. Gathr enhances and elevates benefits enrollment, administration, and HR experience so employers and their brokers can save time and focus on what matters most. Gathr combines Colonial Life's proprietary and market proven technology to help workers sign up for medical, voluntary and group benefi...

Core Insurance

NAIC | December 06, 2023

The National Association of Insurance Commissioners (NAIC) Membership voted to adopt the Model Bulletin on the Use of Artificial Intelligence Systems by Insurers during the 2023 Fall National Meeting. The bulletin reflects the work of the NAIC Innovation, Cybersecurity, and Technology (H) Committee, chaired by Maryland Insurance Commissioner Kathleen A....