Thomas Carroll Group plc

Texas Mutual Insurance | April 09, 2020

Workers’ compensation provider Texas Mutual Insurance Company has announced that its board of directors has voted unanimously to distribute $330 million in policyholder dividends two months early. The company has historically paid dividends in June, but decided to distribute them to qualifying policyholders early in response to the COVID-19 outbreak. About 805 of Texas Mutual’s customers – more than 57,000 business owners – will receive dividends this year, the company sa...

Cision PR Newswire | October 08, 2020

Greater Than, the insurtech provider of AI-based risk intelligence, has today entered a collaboration with MSIG Global Digital Hub and MSIG Vietnam, part of MS&AD Insurance Group, and Asia's leading insurance provider. Through the partnership, Greater Than will provide MSIG Vietnam, with AI-based driving analytics attached to an app-based loyalty service to be launched for MSIG Vietnam's auto insurance customers in the fall of 2020. The customer-centric offering will promote insuranc...

Genstar Capital | March 30, 2020

Private-equity firm Genstar Capital has announced that it has partnered with insurance industry executives to establish Obsidian Insurance Holdings, a new fronting insurance holding company, with $100 million of capital. Obsidian’s insurance carrier subsidiary, Obsidian Insurance Company, has a financial strength rating of A- from AM Best to issue policies underwritten by managing general agents, managing general underwriters and program managers. Obsidian will source, underwrite, and mana...

Cision PR Newswire | September 09, 2020

Vitech Systems Group announced today that Prudential Group Insurance has signed a long-term contract to use Vitech's V3locity® as Prudential's new core administration platform across its entire group insurance business. Prudential will use V3locity to administer a broad range of insurance products including Accident, Critical Illness, Hospital Indemnity, Term Life, Short and Long-Term Disability, Universal Life, Variable Universal Life and more. The insurer's decision to leverage...