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Published on 10:19 GMT

IRDAI Slaps Rs1 Crore Penalty on UIB Insurance Brokers’ Repeated Delays in Remitting Premiums

Coming down heavily on UIB Insurance Brokers Pvt Ltd for repeatedly failing to remit insurance premiums and failing to protect policyholders' interests, the insurance regulatory and development authority of India (IRDAI) has imposed a penalty of Rs1 …

Source: Moneylife India - Neutral
Published on 04:46 GMT

IRDAI imposes ₹1 crore penalty on UIB Insurance Brokers

The Insurance Regulatory and Development Authority of India (IRDAI) imposed a ₹1 crore penalty on UIB Insurance Brokers. The penalty was imposed for violation of norms pertaining to “prompt remittance of premiums/claims received to reinsurers/ …

Source: The Hindu Business Line - Neutral
Published on Feb 17, 2025

Envest to merge Aviso Broking into PSC Insurance Brokers

Australian broking group Envest, a part of The Ardonagh Group, has announced that it will merge Aviso Broking into PSC Insurance Brokers, which it acquired last year. PSC CEO Benjamin Goodall will le...

Source: InsuranceAsia News - Neutral
Published on 15:06 GMT

Rising Insurance Costs Pose an Existential Risk for Permanent Supportive Housing

As insurance agencies move out of states with a growing number of climate disasters, permanent supportive housing providers are left to bear the costs on their own. Opening Renewal Village, a 215-unit supportive and transitional housing property in Denver’ …

Source: Next City - Left-wing
Published on 17:13 GMT

Former Florida Broker, Others Charged in Insurance Fraud Schemes

One person in Texas and four people in Florida, including a previously licensed insurance broker, face insurance fraud charges in separate schemes, local and federal authorities said Wednesday. In Hialeah, Florida, three people were arrested at a medical …

Source: Insurance Journal - Neutral
Published on 13:47 GMT

Markets/Coverages: Marsh Expands Fast Track Facility, Offering 10% Automatic Capacity

Marsh, the insurance broker, risk adviser and Marsh McLennan business, announced the addition of significant new capacity to its Fast Track facility. From March 1, 2025, clients can access up to 10% automatic capacity across their entire property and …

Source: Insurance Journal - Neutral
Published on 18:16 GMT

Arthur J. Gallagher Announces Acquisitions of 2 Firms in Northeast

Global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Waltham, Massachusetts-based Agilis Partners LLC. Agilis is an investment and retirement plan consulting firm with offices in greater Boston, New York and Denver. According …

Source: Insurance Journal - Neutral
Published on 13:52 GMT

Howden forms new aviation division with two acquisitions

Reinsurer Howden has acquired aviation specialist Forbes Insurance and the book of business from Hill Aviation Insurance Services. Financial terms of the deal were not revealed. Both acquired entities will be rebranded as Howden, creating a new …

Source: Life Insurance International - Label Pending
Published on 16:26 GMT

IntellectAI's Purple Fabric AI platform clinches INR 200 cr multi-year deal from London Market Brokerage firm

IntellectAI, the Insurtech business unit of Intellect Design Arena offering AI and data-powered underwriting solutions, announced a breakthrough agreement with London's premier Market Insurance and Reinsurance Brokerage firm. Under this multi-year …

Source: Equity Bulls - Neutral
Published on 08:58 GMT

Woman scammed $22k in flood relief and COVID-19 payments

Elissa Alayne Carricato, 34, of Shepparton, pleaded guilty in Shepparton Magistrates’ Court to 25 counts of obtaining property by deception, two counts of dishonestly retaining stolen goods and theft. The court was told Carricato fraudulently claimed $22, …

Source: Shepparton News - Neutral
Published on 08:17 GMT

IntellectAI’s Purple Fabric platform clinches INR 200 cr multi-year deal for transformation of underwriting operations

Magic Submission & Xponent solutions built on Purple Fabric to revolutionise operations of London's Market Brokerage firm and wholesale insurance ecosystem LONDON, UNITED KINGDOM, February 20, 2025 /⁨EINPresswire.com⁩/ -- IntellectAI, the …

Distribution channels: Banking, Finance & Investment Industry, Chemical Industry ...
Published on 07:33 GMT

The Ardonagh Group acquisition of PSC Insurance was the largest deal.

The Ardonagh Group acquisition of PSC Insurance was the largest deal. The number of insurance-related mergers and acquisitions in Asia-Pacific dropped to 77 deals in 2024, down from 97 in 2023—the lowest annual total since at least 2020, according to S…

Source: Insurance Asia - Neutral
Published on Feb 16, 2025

Longtime Vail Valley insurance broker Will Comerford retiring after 50 years in business

Will Comerford landed in the Vail Valley the way so many people do: looking for the next place to live. He found that, and a career. Comerford and his first wife left Florida in April of 1974. They built a van they could live in while looking for a place …

Source: Vail Daily - Colorado - Label Pending
Published on 06:37 GMT

The energy software startups powering Europes green transition

Europe's energy landscape was built to manage fossil-fuel based systems, like coal, oil and natural gas. The foundational logic was simple: whether it was a scorching day in July or a bitter winter night, traditional power plants could ramp production …

Source: Sifted - Neutral
Published on 05:17 GMT

DIFC Celebrates Strong Year in 2024, as Tech, AI and Fintech Sectors Enjoy Record-Breaking Growth

Technology remains the fastest-growing sector in Dubai, growing to 1,245 companies, up 38 per cent year-on-year, according to new stats revealed by the Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and …

Source: The Fintech Times - Neutral
Published on 04:01 GMT

Five ideas that would work: former broker’s message to Dutton

A broking and insurtech leader has called Peter Dutton’s divestment plan “hot air” – but lists five alternative initiatives he says could help bring down high premiums. “My opinion is this strategy taken by Mr Dutton is nothing but hot air that won’t …

Source: Insurance News - Neutral
Published on 04:01 GMT

NIBA chief takes affordability push to Lib frontbencher

National Insurance Brokers Association CEO Richard Klipin reaffirmed the need to tackle insurance affordability during a meeting with shadow financial services minister Luke Howarth. Mr Klipin noted the “stark focus” on affordability as people affected by …

Source: Insurance News - Neutral
Published on Feb 19, 2025

Bajaj Allianz General Insurance Announces the Global Insurance Exce...

Pune (Maharashtra): Bajaj Allianz General Insurance, one of the leading private general insurers of India, is thrilled to announce the Global Insurance Excellence Awards (GIEA), which aims to celebrate and honour the outstanding contributions of general …

Source: First India - Uncategorized
Published on Feb 19, 2025

Smart Transit director says he’s working to improve vehicle maintenance, customer communication

A three-day service outage earlier this month at the Moscow-based nonprofit Smart Transit was caused by a lapse in insurance coverage, said Casey Green, the organization’s executive director. The outage, which Green estimates may have affected over 200 …

Source: Northwest Public Broadcasting - Washington State - Label Pending

04 days 09:19:49

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Published on February 20, 2025 - 14:29 GMT

TDCI: 2024 Marks Fifth Consecutive Year of Captive Insurance Growth

NASHVILLE – The Tennessee Department of Commerce & Insurance’s (TDCI) Captive Insurance Section proudly announces that 2024 was the fifth consecutive year that Tennessee saw gains in the numbers of active cells and risk-bearing entities. “By combining …

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Published on February 20, 2025 - 14:00 GMT

Credit Unions First Partners with CU*SOUTH to Use Technology to Reshape Traditional Insurance Models

MENOMINEE, MI, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Credit Unions First, a pioneering financial and insurance services credit union service organization, announced a strategic partnership with CU*SOUTH, a leading provider of …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on February 19, 2025 - 22:43 GMT

The Importance of Reviewing and Updating Insurance Policies After a Disaster or Before the Next Storm Season

HAMMOND, LA, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- Natural disasters are unpredictable, and the aftermath of a storm or other catastrophic events can leave homeowners, business owners, and property managers struggling to rebuild …

Distribution channels: Building & Construction Industry, Culture, Society & Lifestyle ...
Published on February 19, 2025 - 19:03 GMT

National Association of Public Insurance Adjusters (NAPIA) Offers Support to California Wildfire Victims

LOS ANGELES, CA, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- In the wake of the devastating California wildfires, the National Association of Public Insurance Adjusters (NAPIA) extends our deepest condolences to all those affected by …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

Published on February 19, 2025 - 16:25 GMT

Auto Insurance Rates Stabilized in 2024: Polly’s Latest Report Highlights the Opportunity for Auto Dealers

Polly's Q4 2024 Embedded Auto Insurance Report Highlights Market Trends and Profit Potential for Dealers WILLISTON, VT, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- According to Polly's Q4 2024 Embedded Auto Insurance Report, …

Distribution channels: Automotive Industry, Insurance Industry ...
Published on February 20, 2025 - 03:58 GMT

President of Insurance Brokerage Firm and CEO of Marketing Company Charged in $161M Affordable Care Act Enrollment Fraud ...

An indictment was unsealed today charging Cory Lloyd, 46, of Stuart, Florida, and Steven Strong, 42, of Mansfield, Texas, in connection with their alleged participation in a scheme to submit fraudulent enrollments to fully subsidized Affordable Care Act …

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Published on February 19, 2025 - 12:24 GMT

Health Insurance Market Size to Worth USD 4.45 Trillion by 2032 | Industry CAGR of 9.7% during 2025-2032

Key companies covered in health insurance market report are UnitedHealth Group, Elevance Health, Allianz, CVS Health, The Cigna Group, and Others. PUNE, MAHARAHTRA, INDIA, February 19, 2025 /⁨EINPresswire.com⁩/ -- The global health insurance …

Distribution channels: Insurance Industry ...
Published on February 20, 2025 - 01:28 GMT

Montana Commissioner of Securities and Insurance James Brown Announces Claims Process for GS Partners Customers

FOR IMMEDIATE RELEASE Helena, Montana—Montanans who purchased products, deposited funds, or transacted with GS Partners using platforms operated by GSB Gold Standard Corporation AG, GSB Gold Standard Pay, Ltd., and affiliated GS Partners companies may be …

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Published on February 20, 2025 - 17:00 GMT

Arystech Achieves AWS Service Delivery Designation for Amazon Connect

Arystech is now an AWS Service Delivery Partner for Amazon Connect, transforming customer service with AI-powered solutions GLENVIEW, IL, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Arystech has attained the AWS Service Delivery …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 20, 2025 - 16:58 GMT

Xraised Interviews Doğa Armangil, CEO of Qworum, on Groundbreaking Advances in Business Application Integration

MEYRIN, GENEVA, SWITZERLAND, February 20, 2025 /⁨EINPresswire.com⁩/ -- In a recent interview on Xraised, Doğa Armangil, the CEO of Qworum, shared his insights into what is missing from the Web to make it a full-featured application platform, and …

Distribution channels: Business & Economy, Companies ...
Published on February 20, 2025 - 16:30 GMT

Bob Chitrathorn Ranked #54 on AdvisorHub’s 'Advisors to Watch List'

Recognized for excellence in financial planning, Bob Chitrathorn secures a top position on AdvisorHub’s esteemed ranking. CORONA, CA, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Simplified Wealth Management, a leading financial …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 20, 2025 - 15:00 GMT

HD Life Preserver: Immediate, Secure, Encrypted Medical and Emergency Information in a 2D Code.

Voluntary Life-Saving and Contact Information Stays only with the Individual. HD Life Preserver Code is a New Level of Security without violating HIPAA. INDIALANTIC, FL, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- HD Barcode LLC …

Distribution channels: Automotive Industry, Emergency Services ...
Published on February 20, 2025 - 13:00 GMT

Jamie Greenleaf Delivers Keynote at 'From Insight to Impact' Conference; Receives Marshall Allen Legacy Award

Jamie Greenleaf delivered a keynote on CAA compliance and received the Marshall Allen Legacy Award for leadership in fiduciary education and healthcare reform. RED BANK, NJ, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Fiduciary In A …

Distribution channels: Companies, Conferences & Trade Fairs ...
Published on February 20, 2025 - 12:56 GMT

Contentive Research Reveals Brand Sponsorship Drives 51% Higher Engagement in B2B Media

Research, based on advanced click heat mapping across 1.3 million senior finance professionals, confirms that brand sponsorship drives 51% higher engagement LONDON, UNITED KINGDOM, February 20, 2025 /⁨EINPresswire.com⁩/ -- New research from …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on February 20, 2025 - 12:15 GMT

Enterprise Shift to Private AI With KAOPS

Nethopper Unveils Major KAOPS Upgrade to Accelerate Enterprise Adoption of Private GenAI BOSTON, MA, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Nethopper today announced a significant upgrade to its KAOPS (Kubernetes AI Operations …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on February 20, 2025 - 08:00 GMT

Ellie Technologies & CData Announce Strategic Partnership to Enhance Data Connectivity for Data Modeling

Ellie, the first AI-assisted data modeling platform for enterprise data teams, users will gain access to hundreds of data sources through CData. CHAPEL HILL, NC, UNITED STATES, February 20, 2025 /⁨EINPresswire.com⁩/ -- Ellie.ai, the first AI- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 20, 2025 - 14:00 GMT

Orion180 Makes Key Executive Moves to Drive Product Growth and Further Expansion

MELBOURNE, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Orion180, a leading provider of innovative insurance solutions, today announced it has hired former The Hartford executive Chris DiMartino as Chief Underwriting Officer. In this role, DiMartino will be …

Distribution channels: Companies, Insurance Industry ...
Published on February 20, 2025 - 01:00 GMT

AST Announces Results for IP3 2024 – Collaborative Industry Patent Purchase Program

AST members spent $4.2 million acquiring and licensing 51 deals, encompassing 65 patent families with 78 U.S. patents and 133 active assets. PRINCETON, NJ, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- AST, the Member-driven leading …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on February 20, 2025 - 11:30 GMT

Donegal Group Inc. Announces Fourth Quarter and Full Year 2024 Results

MARIETTA, Pa., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) today reported its financial results for the fourth quarter and full year ended December 31, 2024. Significant items for fourth quarter of 2024 (all …

Distribution channels: Business & Economy, Insurance Industry ...
Published on February 20, 2025 - 11:00 GMT

Collateralized Reinsurance Firm, Specialty Risk RE, Completes $50 Million Institutional Funding Round

LOS ANGELES, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Specialty Risk Re (“SRR”), a collateral reinsurance company founded in 2024, today announced the successful closing of its $50 million institutional funding round, led by private equity firm, NMS Capital Group …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on February 19, 2025 - 19:15 GMT

Adigida Marketing launches with a focus on Executive Visibility, Thought Leadership Programs, C-Suite Engagement & more.

LiftKit Marketing introduces Adigida Marketing, setting a new standard in comprehensive, results-driven marketing solutions. MINNEAPOLIS/ST. PAUL, MN, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- Introducing Adigida Marketing, an …

Distribution channels: Banking, Finance & Investment Industry, Healthcare & Pharmaceuticals Industry ...
Published on February 19, 2025 - 19:03 GMT

National Association of Public Insurance Adjusters (NAPIA) Offers Support to California Wildfire Victims

LOS ANGELES, CA, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- In the wake of the devastating California wildfires, the National Association of Public Insurance Adjusters (NAPIA) extends our deepest condolences to all those affected by …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 20, 2025 - 06:00 GMT

Aegon reports second half year 2024 results

The Hague - February 20, 2025. Please click here to access all 2H 2024 results related documents. 2H 2024 IFRS results Net profit of EUR 741 million as operating result and benefit from the a.s.r. stake are partly offset by restructuring charges and net …

Distribution channels: Insurance Industry, Media, Advertising & PR ...
Published on February 19, 2025 - 16:39 GMT

Newsmatics' First-Ever Hackathon Sparks Massive Student Interest, Reaches Full Capacity

Students to Transform Raw News Data into Innovative Visual Stories and Solutions WASHINGTON, DC, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- In less than a week, students in Brno, Czechia will pull an all-nighter to put their data …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on February 19, 2025 - 16:25 GMT

Auto Insurance Rates Stabilized in 2024: Polly’s Latest Report Highlights the Opportunity for Auto Dealers

Polly's Q4 2024 Embedded Auto Insurance Report Highlights Market Trends and Profit Potential for Dealers WILLISTON, VT, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- According to Polly's Q4 2024 Embedded Auto Insurance Report, …

Distribution channels: Automotive Industry, Insurance Industry ...
Published on February 19, 2025 - 16:23 GMT

Crawl Space Moisture Threat Grows: More Homeowners Turning to Encapsulation

Homeowners Address Increasing Moisture Issues with Encapsulation Solutions MUNCIE, IN, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- A surge in moisture-related issues has prompted an increasing number of homeowners to seek crawl space …

Distribution channels: Building & Construction Industry, Environment ...
Published on February 19, 2025 - 16:09 GMT

Sequretek Announces Technology Partnership with Aryaka to Advance AI-Powered Cybersecurity for Global Enterprises

PRINCETON, NJ, UNITED STATES, February 19, 2025 /⁨EINPresswire.com⁩/ -- Sequretek, a prominent player in global cybersecurity, today announced a strategic technology partnership with Aryaka®, the leader in Unified SASE as a Service, to bring AI- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on February 19, 2025 - 15:49 GMT

Xraised Interviews Toni McLelland: How the Critical Friend Approach is Reshaping Leadership in Times of Uncertainty

LONDON, ENGLAND, UNITED KINGDOM, February 19, 2025 /⁨EINPresswire.com⁩/ -- In today’s fast-changing business environment, leaders must do more than just manage—they must anticipate challenges, foster resilience, and drive meaningful change. In a …

Distribution channels: Business & Economy, Companies ...