Casualty insurance

Ping An Launches Pilot of Digital RMB Insurance Policies with Bank of China in Shenzhen

Retrieved on: 
Wednesday, July 28, 2021

HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.

Key Points: 
  • HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.
  • Ping An Property & Casualty created the Comprehensive Insurance for Medical Staff policies in Nanshan District of Shenzhen in cooperation with the Bank of China.
  • The pilot aims to provide protection for medical staff, offer policy holders a digital wallet experience and enable digital RMB premium settlement.
  • For the insurance industry, the priorities are to better integrate the characteristics of the digital RMB network, launch a new business model of property and casualty insurance related to digital RMB storage, and drive strategic planning on digital RMB applications.

Ping An Launches Pilot of Digital RMB Insurance Policies with Bank of China in Shenzhen

Retrieved on: 
Wednesday, July 28, 2021

HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.

Key Points: 
  • HONG KONG and SHANGHAI, July 28, 2021 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) announced that Ping An Property & Casualty Insurance Company of China, Ltd. has issued the first batch of digital RMB insurance policies in Shenzhen in cooperation with Bank of China.
  • Ping An Property & Casualty created the Comprehensive Insurance for Medical Staff policies in Nanshan District of Shenzhen in cooperation with the Bank of China.
  • The pilot aims to provide protection for medical staff, offer policy holders a digital wallet experience and enable digital RMB premium settlement.
  • For the insurance industry, the priorities are to better integrate the characteristics of the digital RMB network, launch a new business model of property and casualty insurance related to digital RMB storage, and drive strategic planning on digital RMB applications.

Curi Named to Ward's 50® List of Top-Performing Property & Casualty Insurance Companies

Retrieved on: 
Wednesday, July 21, 2021

RALEIGH, N.C., July 21, 2021 /PRNewswire/ -- Curi , an advisory firm for physicians and medical practices, today announced that its insurance business has been named to the prestigious Ward's 50 list of top-performing property and casualty insurance companies for 2021.

Key Points: 
  • RALEIGH, N.C., July 21, 2021 /PRNewswire/ -- Curi , an advisory firm for physicians and medical practices, today announced that its insurance business has been named to the prestigious Ward's 50 list of top-performing property and casualty insurance companies for 2021.
  • Curi is the only company that specializes in physician professional liability to make the Ward's 50 list for the second year in a row.
  • The group analyzes the financial performance of nearly 2,900 property-casualty companies in the U.S. every year to identify top performers.
  • The 2021 list recognizes outstanding financial results in the areas of safety, consistency, and performance from 2016 to 2020.

United Insurance Holdings Corp. Schedules 2021 Second Quarter Financial Results and Conference Call

Retrieved on: 
Tuesday, July 13, 2021

United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects to release its financial results for the second quarter ended June 30, 2021, on Wednesday, August 4, 2021 after the close of the market and will conduct its quarterly conference call to discuss those results and review the outlook for the Company at 5:00 p.m.

Key Points: 
  • United Insurance Holdings Corp. (Nasdaq: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, announced today that it expects to release its financial results for the second quarter ended June 30, 2021, on Wednesday, August 4, 2021 after the close of the market and will conduct its quarterly conference call to discuss those results and review the outlook for the Company at 5:00 p.m.
  • To listen to the live webcast, please go to http://investors.upcinsurance.com and click on the conference call link at the top of the page or go to: UIHC Second Quarter 2021 Conference Call Webcast.
  • Founded in 1999, UPC Insurance is an insurance holding company that sources, writes and services personal and commercial residential property and casualty insurance policies using a group of wholly owned insurance subsidiaries through a variety of distribution channels.
  • From its headquarters in St. Petersburg, UPC Insurance's team of dedicated professionals manages a completely integrated insurance company, including sales, underwriting, customer service and claims.

NYCM Insurance Receives First Ever "Culture Creator" Award by Commerce Chenango

Retrieved on: 
Wednesday, July 7, 2021

NORWICH, N.Y., July 7, 2021 /PRNewswire/ -- On June 17th, 2021, NYCM Insurance was recognized as this year's "Culture Creator"at the Celebration of Commerce Chenango Gala.

Key Points: 
  • NORWICH, N.Y., July 7, 2021 /PRNewswire/ -- On June 17th, 2021, NYCM Insurance was recognized as this year's "Culture Creator"at the Celebration of Commerce Chenango Gala.
  • NYCM recognizes the importance of a healthy, balanced company culture, and providing a space that facilitates growth.
  • NYCM Insurance is a property and casualty insurance carrier that has been providing coverage to residents and businesses in New York since 1899.
  • Aside from the Edmeston headquarters, NYCM Insurance has three additional offices in Sherburne, Canajoharie and Orchard Park.

W. R. Berkley Corporation Names David A. Higley President of Berkley Fire & Marine

Retrieved on: 
Tuesday, July 6, 2021

W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of David A. Higley as president of Berkley Fire & Marine.

Key Points: 
  • W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of David A. Higley as president of Berkley Fire & Marine.
  • Mr. Higley joins Berkley Fire & Marine with more than 30 years of commercial property and casualty insurance experience, including more than 10 years in executive leadership roles in the marine market.
  • He most recently served as senior vice president and head of the marine practice for a large specialty insurer.
  • W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, "David is a dynamic, results oriented property and casualty insurance executive with a proven track record in delivering underwriting profit and growth.

Patriot Makes Meaningful Investment in Florida with Alliance & Associates Partnership

Retrieved on: 
Thursday, June 3, 2021

Patriot Growth Insurance Services, LLC (Patriot), one of the countrys largest and fastest-growing national insurance agencies, today announced the addition of Alliance & Associates (Alliance) to the Patriot platform.

Key Points: 
  • Patriot Growth Insurance Services, LLC (Patriot), one of the countrys largest and fastest-growing national insurance agencies, today announced the addition of Alliance & Associates (Alliance) to the Patriot platform.
  • The partnership with Alliance & Associates bolsters Patriots existing capabilities in the individual medical, Medicare and property/casualty markets, and significantly broadens its presence in the southeastern United States.
  • Alliance & Associates is a Jasper, Florida-based, multi-line insurance agency offering health, life and property & casualty insurance products.
  • Alliance has a deep specialty in both the individual health insurance and Medicare (including Medicare Supplement and Medicare Advantage) arenas.

TIAN RUIXIANG Holdings Ltd Signs Insurance Brokerage Services Agreement for Cooperation in Cancer Prevention Insurance

Retrieved on: 
Wednesday, May 26, 2021

The "Zhongkang Huimin Cancer Prevention Insurance" will be underwritten by a large Chinese insurance company.

Key Points: 
  • The "Zhongkang Huimin Cancer Prevention Insurance" will be underwritten by a large Chinese insurance company.
  • Zhongkang is authorized to provide marketing, promotion, and other services for activities relating to the "China Cancer Prevention Public Welfare Project" organized by the China Anti-Aging Promotion Association, a non-profit organization registered with the Chinese Ministry of Civil Affairs.The launch of the Zhongkang Huimin Cancer Prevention Insurance is one of the major initiatives under the "China Cancer Prevention Public Welfare Project".
  • TIAN RUIXIANG Holdings Ltd, headquartered in Beijing, China, is an insurance broker operating in China.
  • It distributes a wide range of insurance products, which are categorized into two major groups: (1) property and casualty insurance, such as automobile insurance, commercial property insurance, liability insurance; and (2) life insurance, such as individual and group life insurances.

Chubb Introduces New and Modernized Package Product for Commercial Clients

Retrieved on: 
Friday, May 21, 2021

b'WHITEHOUSE STATION, N.J., May 21, 2021 /PRNewswire/ --Chubb has introduced a new insurance product, Benchmarq Package, for the lower middle market segment, setting the standard for package policies focused on broader and more scalable coverage and efficiency.

Key Points: 
  • b'WHITEHOUSE STATION, N.J., May 21, 2021 /PRNewswire/ --Chubb has introduced a new insurance product, Benchmarq Package, for the lower middle market segment, setting the standard for package policies focused on broader and more scalable coverage and efficiency.
  • Benchmarq includes an expanded base coverage offering in both property and liability, resulting in insurance protection that is more inclusive than the typical industry package policies.
  • Benchmarq will be available on Chubb\'s award winning digital platform, the Chubb Marketplace , in the Fall of 2021.
  • For more information on the Chubb Benchmarq Package product, visit www.chubb.com/benchmarq .\nChubb is the world\'s largest publicly traded property and casualty insurance company.

Paul Domek Joins Homeowners of America as Illinois Sales Manager

Retrieved on: 
Monday, May 17, 2021

b'IRVING, Texas, May 17, 2021 /PRNewswire-PRWeb/ --Homeowners of America Insurance Company (HOAIC), a property and casualty insurance provider, is pleased to announce that Paul Domek has joined the company as a Territory Sales Manager in Illinois.\nDomek brings over 20 years of insurance industry experience to HOAIC and has spent his most recent time with Founders Insurance.

Key Points: 
  • b'IRVING, Texas, May 17, 2021 /PRNewswire-PRWeb/ --Homeowners of America Insurance Company (HOAIC), a property and casualty insurance provider, is pleased to announce that Paul Domek has joined the company as a Territory Sales Manager in Illinois.\nDomek brings over 20 years of insurance industry experience to HOAIC and has spent his most recent time with Founders Insurance.
  • In addition to his insurance background, Domek has a solid working knowledge of Illinois and the Midwest and is charged with helping to expand HOAIC\'s strategic growth in the region.\nHOAIC Vice President, Director of Sales and Marketing, Michael Cox, said "We are pleased to be adding a new insurance professional to the Homeowners of America team in the state of Illinois.
  • The company provides property and casualty insurance in Texas, Arizona, Illinois, Virginia, North Carolina, South Carolina, and Georgia and insures over 230,000 homes.
  • HOAIC has been assigned a Financial Stability Rating of A, Exceptional by Demotech, Inc. For more information, visit https://hoaic.com .\n'