business moves News

HSB Invests in Augury’s Internet Machine Diagnostics Platform Technology

Hartford Steam Boiler (HSB), part of Munich Re, announced recently that it has invested in Augury, a predictive machine diagnostics company that is bringing its proprietary algorithms, smart sensing device and mobile diagnostics tool to new markets, starting with diagnosing …

CSA Group Opens New Testing Lab in Irvine, California

CSA Group, a global provider of testing and certification services and a standards development organization, announced it opened a new state-of-the-art laboratory in Irvine, California, offering testing and certification services including expanded services for medical devices and a new ingress …

Acrometis, Willis Partner to Reduce Workers’ Comp Claim Duration and Costs

Acrometis, the industry leader in workers’ compensation claims processing platforms, and Willis, a global risk advisory, re/insurance broking, and human capital and benefits firm, have partnered to launch Willis’ Advanced Technology Strategic Risk Planning (SRP) process. More advanced and comprehensive …

Allianz Global Corporate & Specialty Launches Dedicated Transportation Unit in North America

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty launched a dedicated transportation and logistics unit in North America led by Helen Leonard, Inland Marine Global Product Leader. The new division will offer rail, motor truck cargo, warehouse and …

Berkshire Hathaway Specialty Insurance Launches Homebuilders Liability Insurance Policy

Berkshire Hathaway Specialty Insurance announced that it has expanded its construction-focused capabilities with the introduction of the Homebuilders Liability Insurance Policy, which extends flexible protection for tract homebuilders nationwide. The new policy offering provides coverage for bodily injury and property …

Worley Claims Services Acquires RJMW Claims Services

Worley Claims Services, a national insurance claims services provider, announced the acquisition of RJMW Claims Services, Inc., a provider of daily and catastrophe residential and commercial property claims services based in Charlotte, North Carolina. Financial terms of the transaction were …

American Modern Unveils Employee-Constructed Home For Claims Training, Education

With the help of more than 350 employee volunteers, American Modern Insurance Group has completed construction of a two-story “LivingWise” home inside its training center in Amelia, Ohio, to demonstrate smart, sustainable and secure residential lifestyle features and train claims …

The Institutes Introduces New Tool to Address Industry Knowledge Gaps

The Institutes, an insurance education provider for the risk management and property/casualty industry, have developed a new training solution to help organizations make the most of their training time and budget. As the only professional development tool proven to save …

Verisk Insurance Solutions Launches GarageConfirm to Combat Garaging Fraud

Verisk Insurance Solutions announced the launch of GarageConfirm, a new service to help insurers verify garaging addresses at point of sale and renewal. The service uses license plate recognition technology provided by Digital Recognition Network (DRN), previously available only to …

Farmers Insurance Integrates Veterans Into Disaster Response Efforts

Farmers Insurance, a national multiline insurance group, and Team Rubicon, an El Segundo-based, international nonprofit organization that unites veterans with first responders to provide emergency response services, announced the launch of a unique collaboration that will integrate the skills of …