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Berkshire Hathaway | February 24, 2020
Berkshire Hathaway Inc. may have bounced back big-time in the fourth quarter of 2019 – from a US$25.4 billion net loss in the same quarter in 2018 to net earnings attributable to shareholders of US$29.2 billion this time around – but the same can’t be said about the group’s insurance underwriting result. In a release over the weekend, the multinational conglomerate reported an operating loss of US$857 million for insurance underwriting. Berkshire’s insurance investm...
Aon | April 06, 2020
Aon has announced the launch of a web application that forecasts the impact of COVID-19 on employee populations throughout the US. Aon said that it designed the tool to help employers anticipate medical costs, absenteeism and potential needs to shift work operations due to the spread of the coronavirus. “COVID-19 has brought uncertainties in many aspects of our lives, and this application will help employers understand their risks,” said Tim Nimmer, global chief actuary of Health Sol...
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Inszone | October 20, 2022
Inszone Insurance Services: a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of Proctor Insurance, providing the fifth acquisition in the state of Texas. Founded by Jeff Proctor in 1988, Proctor Insurance has been a pillar in the Houston area. Jeff started in his community founding two grocery stores in the Houston area, but when those were sold to a local chain, he begun looking for a change of pace which w...
Insurance Technology
Majesco | July 28, 2021
Majesco, a global leader in cloud insurance platform software for insurance business transformation, today announced that A-PLUS (loss history), Coverage VerifierSM (policy history), Roof Age, Major Systems, and Condition Score property insights had been added to Majesco's Digital1st EcoExchange by Verisk, a leading global data analytics provider. Majesco Digital1st EcoExchange is a next-generation partner ecosystem that uses third-party services to provide a truly plug-and-pl...
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