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HealthSmart | June 02, 2022
HealthSmart, one of the nation's largest third party administrators of health plans for employers and plan sponsors, announced the launch of Houston SmartCare™, a comprehensive level-funded health plan that offers market leading discounts to Houston-area small to mid-sized employers. The plan offers significant savings and protection for plan sponsors and features access to leading hospitals, facilities and providers in Greater Houston through Employers Health Network (EHN). Read More
Cision PR Newswire | October 06, 2020
CGI and Fennia Mutual Insurance Company have expanded their strategic relationship. CGI will assume responsibility for a majority of Fennia's IT services under a contract valued at approximately 48 million euros. Under the new agreement, CGI will manage Fennia's application development and maintenance services and also provide support services for Fennia's end-users and operating environments. Fennia will benefit from CGI's strong combination of business consulting, systems integ...
IMS | January 23, 2020
IMS, a subsidiary of Trak Global Group (TGG), has made a usage-based insurance (UBI) platform for auto insurance available in both the US and Canada. That same UBI platform had been utilized as the basis for Carrot Insurance, a critically-acclaimed, telematics-powered insurance program in the UK. Carrot’s system saw a limited rollout in Canada through the Calgary-based insurance broker InsureMy in 2018. The modular UBI platform is compatible with telematics data across all device types &nd...
Insurance Technology
The Amynta Group | March 15, 2022
Madison Dearborn Partners, LLC (MDP) will increase its investment ratio in Amynta Group. Madison is in the news for acquiring all of the equity interests of Amynta. Madison Dearborn is a leading Chicago-based private equity investment firm, and Amynta is a leading insurance company. In addition, Madison will develop interests in the name of AmTrust Financial Services, Inc. ("AmTrust") and plans to build significant ownership investment in Amynta. The terms of the transaction of investm...
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