Aditya Birla Sun Life Insurance

Insurance Technology

Insight Risk | June 29, 2022

Insight Risk has successfully deployed Beyond Policy Administration® (BPA), a next-generation policy administration platform, according to ChainThat, an Xceedance company that specializes in software-as-a-service (SaaS) platforms for the global insurance sector. Insight Risk is a technology-driven, builders' risk-focused managing general agency based in Westport, Connecticut, USA (MGA). The company sought a core platform capable of rapid, full product deployment and policy...

Hub International | February 06, 2020

Hub International has acquired the assets of Kokkoris Corp., dba Kokkoris Insurance Services. Terms of the transaction were not disclosed. Kokkoris Insurance Services, based in Astoria, NY, is a boutique insurance agency that offers commercial and personal insurance to clients – particularly those in the construction, real estate, and hospitality industries. The acquisition supports Hub’s specialty practices by “complementing and strengthening” the broker’s existing...

Core Insurance, Insurance Technology

PR Newswire | August 25, 2023

Careington Benefit Solutions, affiliate of Careington International Corporation, announces the expansion of its service offerings to now include customizable commercial lines for property and casualty insurance. Backed by more than 40 years of industry experience, Careington Benefit Solutions is a single-source solution for insurance, administrative and marketing solutions. As a nationally licensed insurance agency and Third Party Administrator, Careington Benefit Solutions want...

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...