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LCCG to acquire Equitable Life for £1.8bn
By IBR Staff Writer
European life assurance group Life Company Consolidation Group (LCCG) has agreed to acquire Equitable Life Assurance Society (Equitable Life) for £1.8bn.
Life Insurance & Pensions > News
MAPFRE completes business reorganization in US
MAPFRE has entered into an agreement with Plymouth Rock Company to sell its operations in the States of New York and New Jersey, which is part of the divestment process in non-priority markets.
General Insurance > Commercial lines > News
Ethos secures $11.5m financing to build life insurance company
Life insurance company Ethos has secured $11.5m in financing led by Sequoia Capital along with Stanford University, Arrive, a subsidiary of Roc Nation, Robert Downey Jr.'s Downey Ventures, Kevin Durant's Durant Company, Will Smith's Smith Family Circle, and a credit facility from Silicon Valley Bank.
Life Insurance & Pensions > News
ING, AXA partner to build digital insurance platform
By IBR Staff Writer
Dutch multinational banking and financial services firm ING has partnered with French insurer AXA to build a global insurance platform.
Technology > Technology in Insurance > News
Hyperion Insurance buys minority stake in Apollo Partners
Hyperion Insurance Group has acquired a 9.9% stake in Apollo Partners from existing partners.
Intermediaries > Brokerage > News
Britam to sell 340 million shares to Swiss Re for $48m
Kenyan insurance company Britam is selling 13.81% or 348,504,000 ordinary shares to Swiss Re for an amount of (KES4.8bn) $48m.
Life Insurance & Pensions > News
M&G Prudential extends partnership with TCS
By IBR Staff Writer
M&G Prudential and Tata Consultancy Services (TCS) have extended their agreement, under which TCS will manage an additional of 1.8 million customer policies in a $668m deal.
Life Insurance & Pensions > News

IBR Supplier Recommendations

FC Business Intelligence - Supporting Change, Growth and Success
Business, technology and policy are changing faster than ever before. We provide our clients with clarity in the chaos.... Suppliers
Sequel Business Solutions - Award-Winning Insurance and Reinsurance Software Specialist
Sequel Business Solutions Ltd are award-winning, well respected insurance and reinsurance software specialists. Sequel's customers are underwriters, brokers and MGAs within the Lloyd's, Companies and international insurance/reinsurance sector. We deliver a modern, powerful suite of Eclipse software which provide full end-to-end management of all insurance and reinsurance business. Our clients are able to grow and better manage their business through greater efficiency, flexibility, and data governance.... Reinsurance > Suppliers
Capgemini Financial Services - Consulting, Technology and Outsourcing Service
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies.Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working, the Collaborative Business Experience™.... Suppliers
Dataflux - Data Management Technology
DataFlux enables business agility and IT efficiency by providing innovative data management technology and services that transform data into a strategic asset, helping you reduce costs, optimise revenue and mitigate risks.... Suppliers
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IBR White Paper Recommendations

Analytics in Insurance Fraud: The Fight Before the Claim By FC Business Intelligence
According to a survey by FC Business Intelligence of over 100 insurance professionals for the Insurance Fraud Survey 2015, 33% agreed that sales teams should be more engaged in fraud detection and that application fraud was flying under the radar. Despite 67% of insurers listing fraud before the claim as one of the key priorities in their organisation, only 22% felt that they were successfully dealing with it. Stopping fraud at the front line is proving a challenge for insurers. With a growing number of industry bodies such as the Insurance Fraud Bureau (IFB) holding data on proven fraudsters, there is a facility to reconcile data that automatically excludes habitual offenders, but this is still only a small portion of the threat posed to the industry.... White Papers Eclipse for Carriers, Brokers & MGAs By Sequel Business Solutions
MARKEL: "Sequel have delivered what they promised. They’re helping us achieve our major business transformation milestones with their software and supporting expertise. Sequel understand the market and our business - and their ability to deliver to timescale has been clearly demonstrated."... Reinsurance > White Papers It’s Imperative: A Data Governance Primer for Solvency II and Beyond By DataFlux
“Solvency II is the most sweeping regulatory change that people now working in the insurance industry have ever experienced and the key to compliance will be high quality data, which is essential for appropriate risk modeling.” —Kathleen Dugan, EMEA Product Manager, Northern Trust ... White Papers Achieving Measurable Gains by Automating Claims Processing By Kofax
Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.... White Papers Customer Centricity: The Key to Success in Retail Banking By Kofax
The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.... White Papers See more
1-15 of 18618 results