Insurance industry

James River (NASDAQ: “JRVR”) Announces Dates for Its 2020 Second Quarter Earnings Release and Conference Call

Retrieved on: 
Thursday, July 16, 2020
Economy, Finance, Service industries, Financial services, Insurance, Insurance industry

PEMBROKE, Bermuda, July 16, 2020 (GLOBE NEWSWIRE) -- James River (NASDAQ: JRVR) announced today it will release its earnings for the quarter ended June 30, 2020 after the market closes on Wednesday, July 29, 2020.

Key Points: 
  • PEMBROKE, Bermuda, July 16, 2020 (GLOBE NEWSWIRE) -- James River (NASDAQ: JRVR) announced today it will release its earnings for the quarter ended June 30, 2020 after the market closes on Wednesday, July 29, 2020.
  • The Company will also host a conference call to discuss its results with analysts and investors on Thursday, July 30, 2020 beginning at 8:00am (Eastern Time).
  • Investors may access the conference call by dialing (877) 930-8055, conference ID# 7788638, or via the internet by visiting www.jrgh.net and clicking on the "Investor Relations" link.
  • About James River Group Holdings, Ltd.
    James River Group Holdings, Ltd. is a Bermuda-based insurance holding company which owns and operates a group of specialty insurance and reinsurance companies.

Majesco Launches New Product Portal to Expand and Accelerate Customer’s Planning and Use of Majesco Solutions Today and for the Future

Retrieved on: 
Thursday, July 16, 2020
Professional services, Data management, Security, Technology, Insurance, Software, Economy, Finance, Money, Insurance, Insurance industry

Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software, today announced a new product portal providing customers fast and easy access to robust product information and insight to product roadmaps and future of insurance technologies that will expand and accelerate customers planning and use of Majesco solutions today and for the future.

Key Points: 
  • Majesco (NASDAQ: MJCO), a global provider of cloud insurance platform software, today announced a new product portal providing customers fast and easy access to robust product information and insight to product roadmaps and future of insurance technologies that will expand and accelerate customers planning and use of Majesco solutions today and for the future.
  • Were thrilled to provide our customers with a robust resource that allows them to stay on top of Majescos latest product advancements, product roadmaps and assessment of future of insurance technologies, says Manish Shah, President & Chief Product Officer at Majesco.
  • Were constantly pushing boundaries and creating products that redefine the next generation of solutions that enable insurers to digitally transform to a new era of insurance.
  • The new product portal enables our customers to keep a pulse on the latest innovative technology and enhancements were working on to create the future of insurance.

AM Best: Insurers Boost Private Equity Holdings 10% in 2019 (AM BestTV)

Retrieved on: 
Thursday, July 16, 2020
Insurance, Professional services, Economy, Finance, Money, Equity securities, Insurance industry, Corporate finance, Investment, Private equity, Insurance

Hopper said that insurers have been shifting more money to private equity investments in the last few years.

Key Points: 
  • Hopper said that insurers have been shifting more money to private equity investments in the last few years.
  • Private equity holdings have increased 40% since 2015, said Hopper.
  • Life insurers have been driving that trend and account for about three-quarters of total insurance industry holdings.
  • To access the related market segment report, titled, U.S. Insurers Private Equity Holdings Continue to Climb, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=298682 .

LeaseLock Unveils Faster, Simpler One-Click Claims

Retrieved on: 
Thursday, July 16, 2020
Professional services, Technology, Residential Building & Real Estate, Other Technology, Insurance, Software, Construction & Property, Insurance, Insurance industry

Powered by system integration, the product itemizes claims and auto-uploads documents making the claims experience simple and easy.

Key Points: 
  • Powered by system integration, the product itemizes claims and auto-uploads documents making the claims experience simple and easy.
  • Fortunately, LeaseLock has implemented a seamless claims process for our onsite teams that delivers the additional financial protection we need.
  • The claims product release overlaps with a period of explosive growth for LeaseLock.
  • Powered by insurance technology, LeaseLock delivers a modern lease experience for rental housingfaster, simpler and more affordable.

The Insurance Connector Creates Matchmaking Service for Insurance Industry

Retrieved on: 
Thursday, July 16, 2020
Finance, Service industries, Insurance, Insurance industry

PHOENIX, July 16, 2020 /PRNewswire/ -- The Insurance Connector ( www.TheInsuranceConnector.com ), an Insuretechstartup, is poised to make a big shift in how Insurance Companies and Agencies connect for appointments.

Key Points: 
  • PHOENIX, July 16, 2020 /PRNewswire/ -- The Insurance Connector ( www.TheInsuranceConnector.com ), an Insuretechstartup, is poised to make a big shift in how Insurance Companies and Agencies connect for appointments.
  • "Historically, becoming appointed with new insurance companies has been a very time consuming, inefficient process," says CEO Roshena Boling.
  • The Insurance Connector solves this problem by collecting specific information fromAgencies and matching them up to Companies that are looking for Agencies with specific characteristicsto appoint.
  • With The Insurance Connector, companies can call agencies and say 'hey, I see we are a match on The Insurance Connector - why don't we write some insurance together?'

Vericred Launches ICHRA Affordability Calculator API

Retrieved on: 
Thursday, July 16, 2020
Other Professional Services, Data management, Insurance, Other Health, Technology, Human resources, Finance, Consulting, Professional services, General Health, Other Technology, Software, Internet, Health, Mobile, Wireless, Insurance, Insurance industry

Vericred , a data services company simplifying the exchange of health insurance and employee benefits information, today announced the immediate availability of its ICHRA Affordability Calculator API.

Key Points: 
  • Vericred , a data services company simplifying the exchange of health insurance and employee benefits information, today announced the immediate availability of its ICHRA Affordability Calculator API.
  • Vericreds ICHRA Affordability Calculator API programmatically determines the minimum amount that an employer would need to contribute to their employees health insurance costs to comply with ICHRA affordability requirements.
  • Our ICHRA Affordability Calculator is yet another element of the infrastructure necessary for developers to create great ICHRA experiences for brokers, employers and employees.
  • For more information about Vericreds ICHRA solutions, including the Affordability Calculator, contact [email protected] .

Plymouth Rock Assurance Fuels Growth through New Affinity Partnership with Connecticut Society of CPAs

Retrieved on: 
Thursday, July 16, 2020
Accounting, Professional services, Insurance, Economy, Finance, Money, Types of insurance, Insurance, Insurance industry, Plymouth, Vehicle insurance

Plymouth Rock Assurance , a leading auto and home insurance provider in the Northeast, is pleased to announce its new affiliation with the Connecticut Society of Certified Public Accountants (CTCPA), to offer members discounted car insurance.

Key Points: 
  • Plymouth Rock Assurance , a leading auto and home insurance provider in the Northeast, is pleased to announce its new affiliation with the Connecticut Society of Certified Public Accountants (CTCPA), to offer members discounted car insurance.
  • This partnership with Plymouth Rock adds a discounted option for car insurance, furthering our mission to support the CTCPA community.
  • Beyond discounted auto insurance and top-quality coverage, through the affinity partnership CTCPA members also have access to exclusive Plymouth Rock programs and services including Door to Door Valet Claim Service , and support from our Crashbusters Mobile Claim Service .
  • Plymouth Rock Assurance and Plymouth Rock are brand names and service marks used by separate underwriting, managed insurance, and management companies that offer property and casualty insurance in multiple states.

InventHelp Inventor Develops Decorative Fire Extinguisher for Christmas Trees (HTM-9027)

Retrieved on: 
Thursday, July 16, 2020
Economy, Finance, Money, Fire, Types of insurance, Insurance, Insurance industry, Risk, Property insurance, Fire extinguisher, Conflagration

With his innovation, fires in holiday trees can be quickly and easy extinguished.

Key Points: 
  • With his innovation, fires in holiday trees can be quickly and easy extinguished.
  • He developed a prototype for IDEA FOR A SAFE HOLIDAY specifically to reduce the risk of injuries, deaths and property damage from this type of fire.
  • As such, it saves, considerable time, effort and expenses and reduces fire insurance claims.
  • Since it improves fire safety, it affords peace of mind and reduces holiday anxiety as well.

Travel Insurance Market by Insurance Cover, Distribution Channel, End-user and Region - 2020-2027 Analysis and Forecast - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 16, 2020
Insurance, Professional services, Economy, Finance, Money, Insurance, Insurance industry, Types of insurance, Travel insurance, Insurance in Australia, US Travel Insurance Association

To mitigate these risks, consumers opt for travel insurance, which is a significant driving factor for the travel insurance market.

Key Points: 
  • To mitigate these risks, consumers opt for travel insurance, which is a significant driving factor for the travel insurance market.
  • As a result, travel intermediaries providing travel insurance & assistance services; thereby, representing a significant travel insurance market growth in the segment during the forecast period.
  • By insurance cover, the single trip travel insurance segment led the travel insurance market size in terms of revenue in 2019.
  • By distribution channel, the insurance aggregators segmented accounted for the highest travel insurance market share in 2019.

"Insurance Company's surrender is "Ill-Conceived," Says Canada Action. "TMX is Doing Everything Right."

Retrieved on: 
Thursday, July 16, 2020
Economy, Finance, Money, Insurance, Insurance industry, Types of insurance, Charles Battershill

"If insurers truly care about the global environment -- including the global climate, then they'd want Canada to be an energy supplier of choice," explained Canada Action founder and spokesperson Cody Battershill.

Key Points: 
  • "If insurers truly care about the global environment -- including the global climate, then they'd want Canada to be an energy supplier of choice," explained Canada Action founder and spokesperson Cody Battershill.
  • "Instead, insurance companies are penalizing heavily-regulated Canadian pipeline performers, while insurers paint themselves green at the expense of Canada's world-leading energy sector.
  • But Battershill explained the Insurance Companies surrender could raise the cost of doing business in Canada disproportionately to other countries.
  • Canada Action is a volunteer-initiated organization that supports Canadian energy development and the environmental, social and economic benefits that come with it.