Western Overseas Corporation

Insurance Business Magazine | March 12, 2020

Global insurers are now being threatened with coronavirus from two directions – a sharp increase in payouts and at the same time, significant investment losses. While initially a low level of claims was expected because epidemics are excluded from many business insurance policies, a recession that might be in the cards for the global economy puts companies with trade credit insurance, including airlines and retailers, under strain. This is happening alongside added pressure on insurers&rsq...

Insurance Technology

Global Atlantic | December 11, 2023

Global Atlantic Financial Group a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today announced it has signed a $10 billion reinsurance agreement with Manulife Financial Corporation. Key Highlights of the Transaction Third block transaction Global Atlantic has executed with Manulife, a lead...

Core Insurance

Digital Insurance | December 14, 2021

While some insurance providers are turning to fintech to expand agents’ ability to offer financial planning, investment management and even cryptocurrency, at least one is looking to digitize how it sells actual life insurance. Equitable, a financial services company that was previously owned by AXA Group, has partnered with fintech startup Bestow to launch an entirely digital term life insurance product. Called Term-in-10, the product will only be available through Equitabl...

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...