P&C

Upland Announces the Promotion of Kate Walas to Chief Underwriting Officer

Retrieved on: 
Wednesday, April 3, 2024
Capital Group Companies, AXA, Culture, Growth, University, Indigo, Insurance, Senior, P&C, XL

Dallas, Texas--(Newsfile Corp. - April 3, 2024) - Upland Capital Group, Inc. (Upland) is proud to announce the promotion of Kate Walas to Chief Underwriting Officer.

Key Points: 
  • Dallas, Texas--(Newsfile Corp. - April 3, 2024) - Upland Capital Group, Inc. (Upland) is proud to announce the promotion of Kate Walas to Chief Underwriting Officer.
  • Her proven experience in growing and leading underwriting and operations teams promotes a seamless transition as Upland continues to mature the company's growth.
  • "Kate embodies the 'we-entrepreneur' mindset that is our mission here at Upland," stated James Damonte, Upland's President of Insurance Operations.
  • Before joining Upland, Kate served as the Chief Underwriting Officer at Indigo Specialty Underwriters, which she also founded.

Verisk Pioneers New Approach to Catastrophe Risk with Release of Next Generation Models

Retrieved on: 
Monday, April 8, 2024
Uncertainty, VRSK, Risk, Society, NGM, Policy, Touchstone, Insurance, Risk assessment, File, P&C, Language, Risk management

This launch marks the first successful effort by a catastrophe modeling firm to bring its full suite of models to a next generation modeling framework.

Key Points: 
  • This launch marks the first successful effort by a catastrophe modeling firm to bring its full suite of models to a next generation modeling framework.
  • NGM offers a deeper understanding of uncertainty and a more comprehensive and sophisticated solution for natural catastrophe risk management.
  • The next generation financial module in NGM delivers an accurate and reliable global view of risk across the insurance industry.
  • The use of catastrophe models is important for decision-making in the dynamic risk landscape of today’s insurance market.

Verisk Welcomes Greg Hendrick to Its Board of Directors

Retrieved on: 
Monday, April 1, 2024
Risk management, AXA, VRSK, AIG, Axa XL, Insurance, P&C, Overseer, Management

JERSEY CITY, N.J., April 01, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Greg Hendrick has been appointed independent director of the company’s Board of Directors effective immediately.

Key Points: 
  • JERSEY CITY, N.J., April 01, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today announced that Greg Hendrick has been appointed independent director of the company’s Board of Directors effective immediately.
  • “We’re thrilled to welcome Greg to the Board,” Verisk president and CEO Lee Shavel said.
  • He currently serves on the Board of Governors of St. John’s University and the Board of Overseers of the Greenberg School of Risk Management.
  • Bruce Hansen, chair of the Verisk Board of Directors, said, “We continue to add incredible talent and diverse perspectives to our Board.

Tangram and Co/Action Partner on Program for Franchised Equipment Dealers

Retrieved on: 
Thursday, March 28, 2024
Risk management, Agriculture, Partnership, SVP, Insurance, FED, Forestry, P&C, Social facilitation, Feds, MGA

PETALUMA, Calif. and MORRISTOWN, N.J., March 28, 2024 (GLOBE NEWSWIRE) -- Tangram Insurance Services, Inc. (Tangram) and Co/Action Specialty Insurance Group (Co/Action) are pleased to announce a partnership which will provide a comprehensive insurance program for franchised equipment dealers (FEDs).

Key Points: 
  • PETALUMA, Calif. and MORRISTOWN, N.J., March 28, 2024 (GLOBE NEWSWIRE) -- Tangram Insurance Services, Inc. (Tangram) and Co/Action Specialty Insurance Group (Co/Action) are pleased to announce a partnership which will provide a comprehensive insurance program for franchised equipment dealers (FEDs).
  • “The addition of this nationwide, exclusive program for FEDs is a clear demonstration of Tangram’s and Co/Action’s continued commitment to providing valuable insurance and risk management programs to specialty niche markets,” said Tracy Bernard, SVP of Program Strategy at Tangram.
  • This new program will be available nationwide, except in AK, HI and LA, and is offered exclusively through Tangram.
  • “Tangram is a trusted partner and is emblematic of the kind of differentiated relationship we seek at Co/Action.

Bishop Street Underwriters, a RedBird Capital Portfolio Company, Announces Joint Venture with Topsail Re

Retrieved on: 
Wednesday, March 27, 2024
Constellation, Redbird, Partnership, Insurance, Partner, P&C, MGA

NEW YORK and GREENSBORO, N.C., March 27, 2024 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced a joint venture with Topsail Reinsurance SPC, Ltd. (“Topsail Re”), a market leading, privately held reinsurer.

Key Points: 
  • NEW YORK and GREENSBORO, N.C., March 27, 2024 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced a joint venture with Topsail Reinsurance SPC, Ltd. (“Topsail Re”), a market leading, privately held reinsurer.
  • Bishop Street is a value-additive acquirer and program incubator, marrying established businesses’ brand equity with best-in-class capabilities, capital, and resources to build a powerful growth platform.
  • The Topsail Re partnership will enable day-one strategic value to prospective Bishop Street acquisitions, as well as long-term value for Bishop Street and its acquired platforms for tuck-ins, new program launches, and team lift-outs,” said Mike Zabik, Partner of RedBird Capital Partners.
  • In addition to the creation of the joint venture, Topsail Re CEO David Johnson and Chief Strategy Officer & Executive Vice President Christopher Miller will join the Bishop Street Board of Directors, and Tom Gubash, Managing Director of Topsail Capital Partners, will join as a Board Observer.

Core Specialty Leads the Way in Innovation with Duck Creek's Cloud-based SaaS Solutions via Microsoft Azure Marketplace

Retrieved on: 
Wednesday, March 27, 2024
Microsoft, Azure, Microsoft Azure, MACC, Software as a service, Growth, Policy, Insurance, Investment, P&C

BOSTON, March 27, 2024 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, highlights Core Specialty as its inaugural customer transacting its Duck Creek OnDemand subscription on Microsoft’s commercial marketplace to use its existing Microsoft Azure Consumption Commitment (MACC).

Key Points: 
  • Duck Creek and Microsoft are enhancing customer experience and streamlining transactions for technology-centric insurers such as Core Specialty.
  • As a forward-facing leader in the insurance industry, Core Specialty recognizes the strategic value of acquiring software-as-a-service (SaaS) products through the Azure Marketplace .
  • As a technology-focused insurer immersed in continuous product innovation and business expansion, Core Specialty benefits from Duck Creek's presence in the commercial marketplace.
  • “Duck Creek’s win with Core Specialty Insurance demonstrates the immense partner opportunity of building on Microsoft Azure and selling solutions via the Azure Marketplace, resulting in streamlining Core Specialty’s cloud transformation strategy across SaaS and transactable solutions.

CCC Intelligent Solutions Announces Date of First Quarter 2024 Earnings Call

Retrieved on: 
Tuesday, April 9, 2024
Software, Technology, Professional Services, Insurance, P&C, CCC, Eastern Time Zone

CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ: CCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the first quarter of 2024, ended March 31, 2024, after the U.S. financial markets close on Tuesday, April 30, 2024.

Key Points: 
  • CCC Intelligent Solutions Holdings Inc. (CCC) (NASDAQ: CCCS), a leading cloud platform powering the P&C insurance economy, announced today it will release its financial results for the first quarter of 2024, ended March 31, 2024, after the U.S. financial markets close on Tuesday, April 30, 2024.
  • In conjunction with this announcement, CCC will host a conference call on Tuesday, April 30, 2024 at 5:00 p.m. (Eastern Time), to discuss the Company’s financial results and business outlook.
  • A live webcast of the call will be available on the “Investor Relations” page of the Company’s website at https://ir.cccis.com , and a replay will be archived on the website as well.

Alliant Insurance Services Acquires Vinsa Insurance Associates, Expands California Footprint

Retrieved on: 
Tuesday, April 9, 2024
Consulting, Professional Services, State, Local, Insurance, Public Policy, Government, Partnership, P&C, Associate, Organization, High, Alliant, Financial services

Alliant Insurance Services has acquired Vinsa Insurance Associates within its Alliant Public Entity division, expanding its footprint in California.

Key Points: 
  • Alliant Insurance Services has acquired Vinsa Insurance Associates within its Alliant Public Entity division, expanding its footprint in California.
  • Based in Lancaster, California, Vinsa is an independent P&C insurance agency that specializes in providing customized and comprehensive insurance coverage solutions for commercial and personal lines, with a focus on serving public entity organizations.
  • Vinsa works with many of the highest-rated insurance carriers, aiding clients in securing the right company and coverage for their unique insurance requirements.
  • Vinsa Insurance Associates is currently operating as Vinsa from its headquarters in Lancaster, California.

Cutting-Edge Generative AI Power with Majesco’s Copilot Spearheads the Spring ’24 Release

Retrieved on: 
Tuesday, April 9, 2024
Data Management, Technology, Professional Services, Other Technology, Software, Artificial Intelligence, Other Professional Services, Internet, Fintech, Insurance, Finance, AH, Risk, Document, Artificial intelligence, Automation, Synthetic media, ISG, Glovebox, Analyser, Data as a service, Communication, The Spring, Digital, Intelligence, Spring, First officer (aviation), NIPR, Ecosystem, P&C, Generative, UI, Risk management

"Artificial Intelligence, particularly Generative AI, is rapidly emerging as a pivotal driver of transformation across all industries, ushering in novel avenues for heightened productivity.

Key Points: 
  • "Artificial Intelligence, particularly Generative AI, is rapidly emerging as a pivotal driver of transformation across all industries, ushering in novel avenues for heightened productivity.
  • As pioneers in Insurance, we are spearheading the integration of GenAI advantages into our offerings through Majesco Copilot within our Intelligent products.
  • We are excited to see Majesco Copilot revolutionize insurers' operations, elevating efficiency, precision, and customer experiences to unprecedented heights.
  • The Spring ‘24 Release marks another significant milestone in Majesco's commitment to innovation and excellence.

Healthcare Should Look to Other Industries to Drive Digital Transformation, J.D. Power Says

Retrieved on: 
Tuesday, April 9, 2024
Technology, Insurance, Consulting, Professional Services, Health Insurance, Health, Data Analytics, Data Management, Artificial Intelligence, Intelligence, P&C, Medicare, Navigation, Research, J.D. Power, Digital

Power U.S. Healthcare Digital Experience Study,SM released today, the websites and digital apps provided by commercial member health plans and Medicare Advantage plans are not helping matters.

Key Points: 
  • Power U.S. Healthcare Digital Experience Study,SM released today, the websites and digital apps provided by commercial member health plans and Medicare Advantage plans are not helping matters.
  • The inaugural U.S. Healthcare Digital Experience Study evaluates customer interaction with their health plans via digital channels.
  • “Healthcare can learn from other industries in relation to leveraging digital to transform the customer experience,” said Christopher Lis, managing director of global healthcare intelligence at J.D.
  • For more information about the U.S. Healthcare Digital Experience Study, visit https://www.jdpower.com/business/healthcare/healthcare-digital-experienc... .