AIG closes sale of equity stake in L&R business to Blackstone
Insurance giant American International Group (AIG) has closed the sale of a 9.9% equity stake in its life and retirement (L&R) business to Blackstone. AIG
Insurance giant American International Group (AIG) has closed the sale of a 9.9% equity stake in its life and retirement (L&R) business to Blackstone. AIG
Compared to Europe, the US insurance sector is still in the early stages of ESG integration, according to AM Best. The rating agency evaluated property-casualty,
Anthony R. O’Donnell // October 29, 2021 (Example of a question asked to the Cloverleaf platform chatbot and the resulting graphic answer. Source: Cloverleaf.) Cloverleaf
Anthony R. O’Donnell // October 28, 2021 (Image credit: Skylake Studio/Unsplash.) Socotra (San Francisco), a cloud-native core platform for insurers, and Unqork (New York), an enterprise
In October 2017, the hotel’s agent Madison Hospitality Management signed an agreement with NYC-based human services organization Acacia Network Housing to provide reservations for 74
Anthony R. O’Donnell // October 26, 2021 (Image credit: Brian Babb/Unsplash.) InsurTech homeowners insurer Hippo (Palo Alto, Calif.) has announced that Grace Hanson will join the company as Hippo’s first Chief Claims Officer,
Meanwhile, AIG has appointed Shane Fitzsimons to replace Lyons as executive vice president and chief financial officer. Both Lyons and Fitzsimons will continue to report
Anthony R. O’Donnell // October 25, 2021 (Image credit: Shengpengpeng Cai/Unsplash.) Admiral Group plc (Cardiff, Wales), a FTSE 100 Financial Services organization, and Guidewire Software (San
Within the last three years, the percentage of insurers using intelligent automation (IA) has increased from 25 percent to over 50 percent. Both the adoption
Anthony R. O’Donnell // October 22, 2021 (Image credit: Mareefe.) Plum Life Inc. (Warren, N.J.) an Insurtech digital platform aimed at helping advisors sell life insurance,