Relation Insurance buys out Premier Consulting Partners

Insurance Business America | October 04, 2019

Relation Insurance Services has acquired Premier Consulting Partners in Tulsa, OK, a privately-owned insurance brokerage. Founded in 2014, Premier offers insurance solutions such as employee benefits, property and casualty, risk management, and human resource services. Premier has about 40 employees, led by founder and CEO Russell Brown. A release said that the acquisition further expands Relation’s national footprint, and it is the company’s first acquisition in Oklahoma; Premier will lead Relation’s expansion into the central US region. “Premier brings a strong track record of growth, specialized experience, and a dynamic leadership team, who will be the driving force in creating a new hub for Relation in the region,” said Relation Insurance Services CEO Joe Tatum. “The underpinning of our success has been finding excellent people in the business who bring intelligence, deep industry experience, and fun to serving our clients,” added Premier CEO Russell Brown.

Spotlight

The threat of a cyberattack is gaining widespread attention, given the rise in highly publicized breaches and identity theft incidents. While the cyber insurance market is expected to double or triple over the next few years, it has been slow to develop.

Spotlight

The threat of a cyberattack is gaining widespread attention, given the rise in highly publicized breaches and identity theft incidents. While the cyber insurance market is expected to double or triple over the next few years, it has been slow to develop.

Related News

INSURANCE TECHNOLOGY

Great American Insurance Group’s PolicySweet® Introduces Coverage for Home-Based Businesses

Great American Insurance Group | September 20, 2021

Great American Insurance Group is pleased to announce a new product offering through PolicySweet®, its end-to-end online experience for small business customers. PolicySweet, which allows small business owners to research, shop, quote and purchase insurance online, is expanding its coverage to include HomeHQSM, a policy designed for home-based businesses to provide coverage for business liabilities that a homeowners or renters policy does not typically include. A HomeHQ policy can protect at-home businesses and their owners from the unexpected. Our research indicates that most home-based businesses do not have insurance. HomeHQ is an affordable, easy-to-purchase option for home entrepreneurs, giving them peace of mind that their operations are covered for the most common risks. - Rich Suter, Divisional President, Great American Alternative Markets. HomeHQ coverage from PolicySweet is designed for home-based businesses with four or fewer employees, and includes the following coverage: Business Liability Insurance: It may protect against third-party bodily injury, associated medical costs and legal claims filed against your business. Business Property Insurance: It could protect your business from loss due to fire, wind and more. Property liability insurance replaces business property caused by a covered loss. Business Stock Insurance: It may cover the cost of replacing business inventory or merchandise in the event that it is lost, stolen or damaged. About Great American Insurance Group Great American Insurance Group’s roots go back to 1872 with the founding of its flagship company, Great American Insurance Company. Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses. Great American Insurance Company has received an “A” (Excellent) or higher rating from the A.M. Best Company for more than 110 years (most recent rating evaluation of “A+” (Superior) affirmed January 28, 2021. The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio. AFG’s common stock is listed and traded on the New York Stock Exchange under the symbol AFG.

Read More

Fennia Mutual Insurance Company and CGI expand their Strategic Relationship for IT managed services to drive digitization

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 integration and managed IT services to support its ambitious digital transformation journey. The agreement also includes the transition of about 60 Fennia IT employees to CGI.

Read More

INSURANCE TECHNOLOGY

Gore Mutual Insurance Company Becomes First Canadian Insurer to Rollout Solera Qapter® Estimating Platform

Gore Mutual | October 06, 2021

Solera | Audatex (Canada), a global provider of risk and asset management software and services to the automotive, fleet, and property ecosystems, announced that Gore Mutual Insurance Company (Gore Mutual) is the first Canadian insurer to rollout Qapter Estimating, Solera's revolutionary AI-based estimating platform. Joining insurance companies around the world, Gore Mutual is the first Canadian insurer to utilize Qapter to assess vehicle damage for improved customer service. Qapter is the Solera | Audatex (Canada) next-generation browser-agnostic estimating and total loss workflow platform for staff, repair shops, and independent appraisers. At its core, Qapter allows stakeholders to perform their jobs more efficiently, with an intuitive user-interface designed for the needs of modern repair and claims operations. Qapter drives huge efficiency gains for our customers already using it around the world, Those efficiency gains are mostly due to the accuracy of the estimate from quality data. Like other companies using Qapter, we know Gore Mutual and its collision repair partners are keenly focused on and desire both accuracy and efficiency. We are delighted to deliver them both. - Michel Caron, vice president of sales, Solera | Audatex (Canada). About Gore Mutual Built on a foundation of financial strength for more than 180 years, Gore Mutual Insurance Company is one of Canada's first property and casualty insurance companies. Based in Cambridge, Ontario, we are a Canadian mutual company, with more than 500 employees focused on delivering outstanding insurance products and services to customers. In 2019, we launched our Next Horizon strategy—a 10-year plan—to transform Gore Mutual from a mid-size regional carrier to a national-scale insurer with over $20 million invested in talent and technology. We continue to strengthen Canadian communities through the Gore Mutual Foundation. Over the past 22 years, we have donated more than $10 million to over 790 charities. About Solera Solera is a leading global data intelligence and technology solutions provider serving the vehicle lifecycle ecosystem. Through four lines of business - vehicle claims, vehicle repairs, vehicle solutions and fleet - Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, Dealersocket, Omnitracs, eDriving, Explore, cap hpi, Autodata, and others. Solera's innovative solutions empower smarter decision-making through software, enriched data, proprietary algorithms, and artificial intelligence that come together to deliver insights to our customers and accelerate business outcomes. Solera serves over 235,000 global customers and partners in 100+ countries.

Read More