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THG | February 28, 2020
The Hilb Group (THG) has announced that it has acquired “certain” assets of D. F. Dwyer & Associates (DFD); the transaction became effective February 01, 2020. DFD, based in Newport, RI, offers a suite of P&C insurance products and services to both businesses and individual customers. As part of the acquisition, DFD agency leader Dan Dwyer will join THG’s New England team. A release explained that the acquisition of DFD will complement and strengthen THG’s P&C...
Risk Management
Medlogix | February 17, 2022
Five Sigma, an emerging leader in cloud-native Claims Management Solutions (CMS), today announced the launch of native integration with Medlogix, LLC, a national leader in U.S. medical claims management solutions. This innovation connecting the two platforms will help insurers to improve decision making, maximize efficiencies, increase ROI and enhance outcomes in medical claims management. Five Sigma's cloud-native claims management solutions enable property and casualty (P&am...
Insurance Business Magazine | January 31, 2020
Insurtech investment hit an all-time high in 2019, according to a new report from Willis Towers Watson. Total worldwide funding commitments in the insurtech sector totaled $6.37 billion in 2019. That’s a third of the historic total funding for the sector. The fourth quarter alone saw $1.99 billion invested in 75 projects. Eight “unicorn-making” investment rounds happened last year, according to Willis Towers Watson’s Quarterly InsurTech Briefing. The rounds led to the cre...
Insurance Business America | April 02, 2020
A new release from financial analysis firm Demotech has revealed that in addition to the business interruption insurance segment, there is another sector facing immense stress caused by the COVID-19 pandemic – credit insurance. According to the release, there were 102 insurers as of December 31, 2019 that reported direct premium written for credit insurance. Direct premium written for credit insurance for those insurers was $2.2 billion at year-end 2019. Of the 102 credit insurers, the top...
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