World Insurance Associates LLC (WIA) acquired Mazzotta Insurance Agency of Providence, R.I., on March 1, 2020. Terms of the transaction were not disclosed. Since 1968, Mazzotta Insurance Agency has been a family-run business serving the Providence community, providing protection for …
Aon plc, the global re/insurance broker, has enhanced its reinsurer trading portal, ABConnect Placements, to electronically bind treaty placements with Lloyd’s of London and International Underwriting Association (IUA) insurers. The new bind feature enables Lloyd’s and the London company markets …
Lemonade, the New York-based insurer that is powered by artificial intelligence, has launched in a second European country – the Netherlands. Dutch consumers can now get contents and liability insurance instantly, anytime, and from any device – as well as …
The fallout from the coronavirus pandemic and tumbling oil prices threaten the earnings of insurers in the Gulf, S&P Global Ratings said on Wednesday, possibly leading to negative rating actions. “Most insurers we rate in the GCC [Gulf Cooperation Council] …
Initial insured losses for the floods that hit the UK in February are estimated at £297 million (US$367.8 milion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. These floods mainly affected northern England, Wales, and …
The German government and the country’s credit insurance industry have agreed to help to maintain insurance cover for trade despite economic hardship related to the coronavirus outbreak, three people with knowledge of the plan said on Wednesday. Under the plan, …
UK companies may let out a “sigh of relief” after Barclays Plc and Wm Morrison Supermarkets Plc won a pair of Supreme Court cases that drastically limit corporate responsibility for employee conduct. First, the court said Morrisons wasn’t responsible for …
New York, NY, April 2, 2020 – Skarzynski Marick & Black LLP continues to grow and is excited to announce the addition of partners Samantha Riley, Jessica Cavallo and Suzanne Whitehead; the promotion of Rebecca Amdursky; and the arrival of …
Tinton Falls, NJ – April 2, 2020 – World Insurance Associates LLC (“WIA”, “World”, or the “Company”), a leading full-service insurance brokerage, today announced that it has closed the previously announced majority investment from funds affiliated with Charlesbank Capital Partners …
Austin, TX, April 1, 2020 – The National Alliance for Insurance Education & Research has postponed all classroom programs until May 1 to keep insurance and risk management professionals safe. In response to the industry’s need for continuing education, credentialing …
