Vitech Systems Group

Nationwide | April 13, 2020

Nationwide has announced that, due to the economic impact of the COVID-19 outbreak, it is offering a one-time premium refund of $50 per policy for personal auto policies. “As a mutual company devoted to protecting people, businesses and futures with extraordinary care, we are offering this rapid relief at a time when drivers are making the right choice to stay off the road and remain home to help flatten the curve,” said Nationwide CEO Kirt Walker. The refund is equivalent to an aver...

Risk Management

Kroll Bond Rating Agency, LLC (KBRA) | December 29, 2021

Kroll Bond Rating Agency (KBRA) assigns an Insurance Financial Strength Rating of BBB+ with a Stable Outlook to Tower Hill Insurance Exchange (THIE). THIE was formed as a Florida reciprocal exchange and will begin writing residential property insurance in Florida within its first year of operation and continue to expand in the Florida market over the subsequent two years. The rating reflects its sound initial capitalization, conservative investment portfolio, and reasonable busine...

Risk Management, Compliance

PRnewswire | June 21, 2023

Arbol, a leading global climate risk coverage platform, in collaboration with The Institutes RiskStream Collaborative, the largest blockchain and emerging technologies consortium in the insurance industry, today announced dRe is live and in production. As the first on-chain data calculation tool for reinsurance, the blockchain-powered platform is a significant milestone for parametric reinsurance, highlighting the tangible benefits of Arbol and RiskStream's strategic partnership announ...

Core Insurance

Duck Creek Technologies | October 11, 2022

Duck Creek Technologies (NASDAQ: DCT), the intelligent solutions provider defining the future of property and casualty (P&C) insurance, has earned recognition from AmbitionBox, an online platform that offers insights and data into company cultures, for leading the way in providing the best career experience. Duck Creek was ranked #1 in Internet/Product Industry (Small Category) for the second year in a row. The AmbitionBox Best Places to Work in India 2022 honors are India’s largest an...