A recent bulletin points out that the “future of the MENA [Middle East North Africa] Insurance market remains bright, but the local insurance companies must start their transition from fragmented companies to become national champions and regional players now.” The …
San Diego, CA, 02/23/12 – American Claims Management, Inc. (ACM), a national third party administrator, has opened an additional office in Tampa Bay, Florida to leverage the Company’s growth in its East Coast, Southeast and Southern U.S. property claims operations. …
The Norman-Spencer Agency will make its AquaPac Boat/Yacht Insurance Program available to boat owners, boat dealers and insurance agents nationally on March 1. The program offers broad coverage for boats ranging from personal watercraft to large sail and power yachts. …
Five Star Specialty Programs has announced a new market for the business auto program, which will provide additional coverage for more classes, including wholesale distributors, retail locations and various contractors. The company, which is a division of Crump Insurance Services, …
Manulife Financial said it has received approval to establish operations in Cambodia, which will expand the Canadian insurer’s reach into an 11th Asian market. Manulife said in a statement it had “approval in principle” from Cambodia’s Ministry of Economy and …
Whittington Group, the Singapore-based international insurance investor, announced it has reached a definitive agreement to sell its London businesses to a consortium, comprising Tawa Plc, Skuld, and Paraline Group, Ltd., who will acquire Whittington Insurance Markets Limited (WIM) and its …
UK travel insurer Columbus Direct, which is part of the Collinson Insurance Group, announced the expansion of its range of low cost travel products into the German market. The bulletin said a “range of travel insurance products will now be …
After launching its drive into the UK’s commercial lines mid-market in March, Liberty Mutual Insurance, the Commercial Lines operation of Liberty Mutual Insurance Europe Limited, has announced several new staff appointments as part of this initiative. Nine new members of …
Boston-based financial research and consulting firm Celent, a part of Oliver Wyman and ultimately a division of MarshMac, has announced the expansion of its Asian Financial Services Group, with new offices in Seoul, Hong Kong, and Singapore. Celent already has …
Mitsui Sumitomo at Lloyd’s confirmed that it is to establish branches in Dublin and Belfast as part of its expansion plans. The new operation will be headed by Alan Shiel, formerly the Ireland Country Manager at Chubb, as Managing Director. …
