Armed Forces Insurance

Insurance Technology

Relation Insurance | May 12, 2022

Relation Insurance Services (“Relation”), one of the largest and fastest-growing national insurance agencies, announced today it acquired the assets of South Carolina-based The Wills Agency (“Wills”). Terms of the transaction were not disclosed. Wills provides personal and commercial lines insurance solutions to clients throughout South Carolina and is headquartered in Batesburg, SC. James Wills will continue to lead Wills as a part of Relation.
Read More

Core Insurance,Insurance Technology

Hildene Capital Management | November 25, 2022

Hildene Capital Management, LLC (“Hildene”), a $12 billion credit-focused asset manager, today announced the formation of Ludlow Re SPC, Ltd. (“Ludlow Re”), a Cayman Islands-based, Class B(iii) insurance company. Ludlow Re will offer reinsurance to the global insurance market and, as part of its inaugural transaction, will reinsure approximately $1 billion of fixed index annuity reserves through a quota share agreement entered into with a U.S.-based life in...

Risk Management

Azentio Software | February 17, 2022

Azentio Software ("Azentio"), a Singapore-headquartered technology firm owned by funds advised by Apax Partners, announced that it has won the InsureTek Core Transformation Leader of the Year Award 2022. The award was presented during the InsureTek Middle East 2022 International Conference and Golden Shield Excellence Awards ceremony, at the Address Dubai Marina, UAE, on February 9 &10. InsureTek's Awards recognise leading companies from within the sector that ar...

insurance business america | April 08, 2020

The COVID-19 outbreak has left millions of Americans out of work – and potential targets for cyber criminals, according to CyberScout, a provider of identity-theft resolution, data defence and employee benefits services. The Federal Trade Commission has issued a consumer scam warning about “stimulus scammers” who con consumers into paying fees to receive a check from the federal stimulus package, CyberScout said. “The fear is COVID-19 and financial uncertainty in the econ...