business moves News

SafeLite Group to Acquire Guardian Auto Glass and Guardian Glass Network

SafeliteGroup, the nation’s leading vehicle glass company and owner of Safelite AutoGlass, has reached an agreement to acquire substantially all of the vehicle glass repair and replacement assets of Guardian Auto Glass, LLC, a joint venture of Guardian Industries Corp. …

Imperial Management Corporation Completes National Automotive Insurance Company Acquisition

Louisiana based, Imperial Management Corporation (IMC) and Southport Lane, LP announced that IMC has obtained all required regulatory approvals and closed its previously announced acquisition of National Automotive Insurance Company (NAIC), an insurance company headquartered in Metairie, Louisiana. NAIC specializes …

Willis Places Innovative Australian Weather Transaction

Willis Group Holdings, a global risk adviser, insurance and reinsurance broker, has designed and placed an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty Ltd, an emerging global mining, rail and port venture, against the threat of …

IAS Claim Services Announces Partnership With SWBC

San Antonio-based IAS Claim Services, a national independent insurance claims service provider, announced a new partnership with SWBC. Through this partnership IAS Claim Services will serve as administrators for select SWBC insurance programs providing comprehensive third-party administration services. Services provided …

Enservio Announces Recoverable Depreciation Service

Mass.-based Enservio, Inc., a national provider of software and services to property insurers, announced a new Recoverable Depreciation (“RD”) service to help expedite what has traditionally been a tedious and inconvenient process for claims professionals and adjusters. Based on demand …

Guarantee Insurance Company Announces $28M Capital Infusion

Guarantee Insurance Company, a leading provider of workers’ compensation insurance, today announced that it has closed a financing transaction resulting in a $28 million capital infusion. Guarantee, which has seen steadily growing capital levels over the last decade, reports that …

Appriss Acquires Docview LLC and Deep River LLC

Appriss Inc., the provider of www.BuyCrash.com, has acquired Docview LLC and Deep River LLC, two leading providers of crash reports via convenient e-commerce options. Docview (www.Docview.us) and Deep River (www.GetCrashReports.com) have established partnerships with nearly 1,000 law enforcement agencies by …

Direct Auto Insurance Introduces Mobile App and Text Message Payment

Nashville-based Direct Auto Insurance unveiled two new mobile device capabilities that can help customers monitor their driving habits, potentially save money on their auto insurance and make paying their insurance premiums more convenient. The free DirectDrive app for iOS and …

Hellman & Friedman to Acquire Applied Systems

Applied Systems, Inc., a provider of software that powers the business of insurance, announced that it has signed a definitive agreement to be acquired by investment funds advised by Hellman & Friedman LLC. The company is being acquired from the …

Burford Capital Gets $40M in New Capital for Litigation Funding

Burford Capital Limited, a global provider of investment capital and risk solutions for litigation, is pleased to announce that the offering of $40 million in contingent preference shares by a wholly-owned subsidiary of the Company has been fully subscribed. The …