Insurance and benefits claims firm Sedgwick reports it has acquired Chattanooga, Tennessee-based G&E Enterprises. G&E Enterprises is a tome and material billing and data management system for insurance restoration contracting. Its primary product is software-as-a-service offering T&M Pro. Sedgwick said …
Insurtech startup battleface Inc., a UK firm that provides travel insurance products for unconventional travelers worldwide, announced it has successfully closed its seed financing round with backing from leading strategic and venture capital investors. Atlanta, Ga.-based Fintech Ventures Fund has …
An expert committee on Thursday recommended the Federal Aviation Administration’s require Boeing Co and other aircraft manufacturers to adopt new safety management tools in the wake of two fatal Boeing 737 MAX crashes. Boeing grounded its entire 737 Max fleet, …
Market conditions for U.K. non-life insurers were difficult in 2019 as they continued to face strong competition and claims inflation, according to a report published by AM Best. Companies have had to contend with changes in the discount rate — …
U.S. virtual currency firm Gemini Trust Company announced on Thursday that it has launched its own insurance unit to boost coverage against theft of crypto assets. Gemini’s new in-house insurer, Bermuda-based Nakamoto Ltd, provides a total of $200 million in …
Chinese conglomerate Fosun International Ltd. is exploring options including a potential sale for its German insurance business Frankfurter Leben Holding GmbH, people with knowledge of the matter said. Fosun has held talks with potential advisers about options for Frankfurter Leben, …
A Maine legislator is calling on the state’s legislative body to push the U.S. Congress to make banking and insurance accessible to legalized cannabis businesses. Republican Rep. John Andrews of Paris, Maine, said he intends to introduce a resolution to …
Saxe Doernberger & Vita, P.C. (SDV) has named Theresa A. Guertin as managing partner of SDV’s Northeast office, effective January 1, 2020. Guertin has an active litigation practice, and she is co-chair of the firm’s Risk Transfer group. She represents …
Ames & Gough, an insurance broker and risk management consultant specializing in serving design professionals, law firms, associations/nonprofits and other professional service organizations, has appointed Matt Gough as president and Brett Gough as chief operating officer. Along with CEO Dan …
Renaissance Alliance Insurance Services, a national membership alliance for independent insurance agencies, has announced that five independent insurance agencies joined its network. New member agencies are in Massachusetts and Florida. In making the announcement, Renaissance Alliance Executive Chairman Kevin R. …
