The InsurTECH Book

Insurance Technology

Combined Insurance | April 29, 2022

Combined Insurance, a Chubb company and a leading North American provider of supplemental insurance sold both directly to individuals and at the worksite, today announced charitable grants to two nonprofits focused on supporting military service members, veterans, and their families. The contributions are in keeping with the company's longstanding philanthropic efforts and its enduring commitment to giving back to those who have served the nation. The recipient organizations a...

Insurance Technology

Insurance Technologies Corporation (ITC), Accel-KKR, Zywave | December 28, 2020

Accel-KKR, a leading technology-focused investment firm with over $10 billion in capital responsibilities, today declared that it has finished the offer of Insurance Technologies Corporation, a leading supplier of marketing, rating, and management software and services to the insurance industry, to Zywave, Inc. Accel-KKR originally invested in ITC in April 2018 when the firm obtained a greater part interest in the organization from its originator. Through ensuing investment in nat...

Core Insurance

Midwest Holding Inc. | January 13, 2022

Midwest Holding Inc. (NASDAQ: MDWT), a technology-enabled, services-oriented annuity platform, announced today that its subsidiary American Life & Security (ALSC) will begin offering exclusively to American Life's Fixed Index Annuity policy holders the Goldman Sachs Xenith Index. The Goldman Sachs Xenith Index is a multi-asset strategy that uses the anticipated macro regime, as identified by a leading economic indicator, to make asset allocations. By using a leading econom...

TRISTAR Insurance | January 16, 2020

TRISTAR Insurance Group – a major, privately-owned independent third-party claims administrator in the US – has agreed to acquire Aspen Risk Management Group. A release said that the transaction was expected to close yesterday - January 15, 2020. TRISTAR believes the move is “a significant step forward in establishing a strategic presence in the loss control and workplace safety market.” Following the transaction, all Aspen employees will continue to operate out of their ...