Reciprocal inter-insurance exchange

Warner Pacific Parent Company Completes Acquisition of Foster Benefit Resources

Retrieved on: 
Wednesday, August 2, 2023
Insurance, Professional Services, Partnership, Acquisition, Health insurance marketplace, Warner Pacific University, History, Reciprocal inter-insurance exchange, Foster

NR West, the parent company of The Insurance Exchange, a premier Dallas-based General Agency, today announced that it has completed its acquisition of Foster Benefit Resources, a full-service General Agency specializing in fully insured and self-funded employee benefits in the North Texas area.

Key Points: 
  • NR West, the parent company of The Insurance Exchange, a premier Dallas-based General Agency, today announced that it has completed its acquisition of Foster Benefit Resources, a full-service General Agency specializing in fully insured and self-funded employee benefits in the North Texas area.
  • Foster Benefits has a history of providing superior service to its clients through its dedicated team, a majority of whom have a tenure of 10+ years.
  • Moving forward, brokers can continue to expect the same industry-leading service and expertise, along with expanded resources and employer-benefit solutions.
  • “We are thrilled to welcome Foster Benefits, a firm with a long-standing commitment to delivering exceptional results, to the NR West family,” said John Nelson, Co-CEO of Warner Pacific.

Inter&Co, Inc Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 8, 2023
NIM, Inter, INTR, Reciprocal inter-insurance exchange, Acquisition, Growth, Yoy, R, Quarter, Tutoring, Renewable energy, Bank, Sales

BELO HORIZONTE-MG, Brazil, May 08, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, today reported financial results for its first quarter ended March 31, 2023.

Key Points: 
  • BELO HORIZONTE-MG, Brazil, May 08, 2023 (GLOBE NEWSWIRE) -- Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, today reported financial results for its first quarter ended March 31, 2023.
  • I’m happy to say that we are harvesting profitable results from our solid foundations.
  • We had a significant level of new active client adds, reaching the impressive mark of 1 million in one quarter.
  • Inter&Co will discuss its 1Q2023 financial results today on May 8th, 2023 at 2:00 PM ET (3:00 pm Brazilian Time).

Liberty Mutual Partners With REIN to Launch First Insurance Offering for Sony Electronics Inc.

Retrieved on: 
Wednesday, September 21, 2022
Health insurance marketplace, Electronics, Engineering, IX, Aircraft, Twitter, Sony Corporation of America, Company, Industry, Ultra-high-definition television, Film, Reciprocal inter-insurance exchange, Technology, Robotics, Insurance, Liberty Mutual, Music, Research, NS, Marketing, REIN, Financial services, Sony

Headquartered inSan Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets.

Key Points: 
  • Headquartered inSan Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets.
  • REIN is a technology company that transforms carriers insurance products into digital offerings available on the Insurance Exchange (IX) and direct to select companies.
  • IX is where business customers and insurance brokers go to secure insurance offerings to embed in their digital commerce environments.
  • REIN exists to give carriers the technology they need to be the partner companies trust for embedded insurance.

Ryder Selects REIN to Launch Embedded Insurance Program for Used Truck Customers

Retrieved on: 
Tuesday, February 1, 2022
Retail, Automotive Manufacturing, Manufacturing, Insurance, Technology, Professional Services, Supply Chain Management, Other Transport, Trucking, Rail, Fleet Management, Transport, Other Technology, Automotive, Logistics, Supply Chain Management, CEO, Maintenance, Insurance, Sale, American Association of Insurance Services, Ryder, Policy, UTC, Twitter, Goal, REIN, NS, Liberty Mutual, Technology, Transport, Workforce, IX, U.S. Securities and Exchange Commission, Risk, System, Health insurance marketplace, Embedded, News, Industry, Security (finance), NYSE, Multimedia, Securities & Exchange Commission of Pakistan, United Kingdom, Solution, Reciprocal inter-insurance exchange, Car rental, Financial services, Risk management

Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and commercial fleet management solutions, selects REIN to launch Insurance Services by REIN, to Ryder used vehicle sales customers.

Key Points: 
  • Ryder System, Inc. (NYSE: R), a leader in supply chain , dedicated transportation , and commercial fleet management solutions, selects REIN to launch Insurance Services by REIN, to Ryder used vehicle sales customers.
  • As a leader in insurtech solutions, REIN can now provide its new insurance coverage offering directly to Ryder used vehicle sales customers for added convenience at the point of truck purchase.
  • View the full release here: https://www.businesswire.com/news/home/20220201005252/en/
    REIN can now provide its new insurance coverage offering directly to Ryder used vehicle sales customers for added convenience at the point of truck purchase.
  • Insurance Services provided by REIN will be available starting February 1 through https://ryder.reinconnectedinsurance.com/wizard/new or at Ryders Used Truck Centers across the country.

Envestnet Insurance Exchange Powered By Collaboration Between FIDx & SIMON

Retrieved on: 
Thursday, December 2, 2021
Insurance, CEO, Wells Fargo, Technology, Access, Income, NYSE, Partnership, Proposal, RIAS, SEC, Goldman Sachs, Contract, Solution, HSBC, Exchange, History, Goal, Broker-dealer, Family, Twitter, Research, Risk, Financial technology, Credit Suisse, Workflow, Investment, J. P. Morgan, ETF, Ownership, Reciprocal inter-insurance exchange, Marketplace, NEW, Ecosystem, LinkedIn, Health insurance marketplace, Insurance Services of America, Intelligence, Financial adviser, Life insurance

The integrated platform will offer full retail annuities lifecycle functionality, bringing together the best technology from FIDx and SIMON to power the Envestnet Insurance Exchange and enhance the end-to-end experience for advisors.

Key Points: 
  • The integrated platform will offer full retail annuities lifecycle functionality, bringing together the best technology from FIDx and SIMON to power the Envestnet Insurance Exchange and enhance the end-to-end experience for advisors.
  • This partnership delivers a consistent user experience, whether advisors access the integrated platform directly via either SIMON or FIDx, or via the Envestnet Insurance Exchange.
  • "By leveraging the best of what the Envestnet Insurance Exchange, FIDx, and SIMON offer, we are creating a truly holistic, unified solution for managing annuities in client portfolios.
  • "The Envestnet Insurance Exchange has changed the way advisors are able to evaluate both commission-based and commission-free annuities.

bolt Announces New Roles for Senior Leaders

Retrieved on: 
Monday, July 26, 2021

Eric Gewirtzman, currently CEO of bolt United States,will assume a group leadership role, becoming CEO, Insurance Exchange for bolttech.

Key Points: 
  • Eric Gewirtzman, currently CEO of bolt United States,will assume a group leadership role, becoming CEO, Insurance Exchange for bolttech.
  • bolt is the leading insurtech exchange for the P&C insurance industry, uniting distributors and providers on a single platform to transform the way insurance is bought and sold.
  • bolt is part of the bolttech group, an international insurtech with a mission to build the world's leading, technology-enabled ecosystem for protection and insurance.
  • News Contact:Clarissa Schearer, Axia Public Relations for bolt Solutions, 888-773-4768

EmPRO, a New Admitted Medical Professional Liability Insurer, Launches in New York State with Over $100 Million of Capital

Retrieved on: 
Monday, September 14, 2020
General Health, Health, Professional services, Practice Management, Insurance, Types of insurance, Insurance, Liability insurance, Reciprocal inter-insurance exchange, Companies, Finance, Financial services, PRI, EmPRO

EmPRO Insurance Company (EmPRO), a new insurer capitalized with over $100 million that is domiciled and authorized to write medical professional liability business in the State of New York, officially launched today.

Key Points: 
  • EmPRO Insurance Company (EmPRO), a new insurer capitalized with over $100 million that is domiciled and authorized to write medical professional liability business in the State of New York, officially launched today.
  • View the full release here: https://www.businesswire.com/news/home/20200914005834/en/
    Owned by Physicians Reciprocal Insurers (PRI), the third-largest admitted medical professional liability insurer in New York State, EmPRO is administered by PRIMMA LLC, PRIs wholly owned Attorney-in-Fact.
  • Physicians' Reciprocal Insurers (PRI) is the third largest admitted medical professional liability insurer in New York State and one of the Top Ten insurers in the country providing professional liability insurance to physicians and medical facilities.
  • EmPRO is a licensed medical professional liability insurance carrier headquartered in New York State and dedicated to protecting New Yorks physicians, healthcare facilities, and healthcare providers.

Farmers Insurance® Reveals Summer Is Not Always the Sunniest Time of Year; More Than 50-Percent of Flood Claims Are Filed Between June and August

Retrieved on: 
Wednesday, June 26, 2019
Finance, Economy, Zurich Insurance Group, Service industries, Farmers Insurance Group, Types of insurance, Reciprocal inter-insurance exchange, Insurance, Property insurance

"Summer should be a time of relaxation, but Farmers knows from years of experience that the season also brings certain risks from bad weather.

Key Points: 
  • "Summer should be a time of relaxation, but Farmers knows from years of experience that the season also brings certain risks from bad weather.
  • The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies.
  • Farmers Group, Inc. and its subsidiaries, in their capacity as attorneys-in-fact, provide administrative and management services to the Farmers Exchanges.
  • For more information about Farmers Insurance, visit Farmers.com , Twitter and Instagram, @WeAreFarmers, or Facebook.com/FarmersInsurance .

Thomas Noh, 23-Year Farmers® Veteran, Named New Chief Financial Officer Of Farmers Insurance Exchanges; Succeeds Ron Myhan Who Has Retired

Retrieved on: 
Tuesday, June 4, 2019
Finance, Service industries, Economy, Farmers Insurance Group, Zurich Insurance Group, Reciprocal inter-insurance exchange, Insurance, Health insurance marketplace, Western Mutual Insurance Group, NFU Mutual

WOODLAND HILLS, Calif., June 4, 2019 /PRNewswire/ -- Farmers Insurance, one of the nation's largest insurer groups, today announced Thomas Noh, a finance veteran who joined Farmers in 1996, as the new chief financial officer of the Farmers Insurance Exchanges, three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders.

Key Points: 
  • WOODLAND HILLS, Calif., June 4, 2019 /PRNewswire/ -- Farmers Insurance, one of the nation's largest insurer groups, today announced Thomas Noh, a finance veteran who joined Farmers in 1996, as the new chief financial officer of the Farmers Insurance Exchanges, three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders.
  • "Thomas Noh's deep financial knowledge and breadth of experience with Farmers makes him the ideal individual to be chief financial officer (CFO) of the Exchanges," said Alan Gildemeister, Chair of the Farmers Insurance Exchange Board of Governors.
  • Farmers Insurance Exchange, the largest of the three primary insurers that make up Farmers Insurance, is recognized as one of the largest U.S. companies on the 2019 Fortune 500 list.
  • The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies.

Vault Insurance Hits the Northeast

Retrieved on: 
Tuesday, April 30, 2019
Professional services, Insurance, Economy, Types of insurance, Finance, Insurance, Insurance industry, Reinsurance, Reciprocal inter-insurance exchange, Vault, Liability insurance

Vault truly understands the complex needs and unique challenges of our clients, said Stacy Warren, Chief Experience Officer at Vault.

Key Points: 
  • Vault truly understands the complex needs and unique challenges of our clients, said Stacy Warren, Chief Experience Officer at Vault.
  • Developed to create an effortless client-broker experience, Vault offers insurance coverage and services for high-value homes, art, jewelry, cyber and personal excess liability coverage.
  • Vault is majority-owned and supported by Allied World, a global leader in insurance and reinsurance.
  • Vault is the marketing name used to refer to Vault Reciprocal Exchange, a Florida-domiciled reciprocal insurance exchange managed by Vault Risk Management Services, LLC as its attorney-in-fact, and its affiliates.