business moves News

Chartis’ Claims and Operations & Systems Placed Under Single Management Team

American International Group, Inc. announced that Chartis, its global property casualty business, has placed its claims and operations and systems (O&S) organizations under a single management team to improve customer service, capitalize on the shared strategic initiatives of the two …

XL and Hays Launch New Dental Professional Liability Insurance Program

XL Group plc’s Select Professional insurance underwriting unit and Hays Affinity Solutions, a division of Hays Companies of Minneapolis, Minn., are offering professional liability insurance to dentists countrywide. According to Hays Affinity President Tom McDonough, “We’re excited to team up …

Symbility Acquires Marshall & Swift/Boeckh’s Claim Division

Symbility Solutions is acquiring Marshall & Swift/Boeckh’s (MSB)’s claims division, including contracts, claims employees, software and analytics assets; in consideration for these assets and a cash investment, MSB’s parent company, Decision Insight Information Group, will become the largest shareholder with …

Travelers Expands Telematics Resources for Business Fleet Customers

With auto accidents being the leading cause of workplace injuries and fatalities, safety in the workplace extends beyond a business’s concrete walls. According to the National Safety Council Injury Facts 2011 Edition, the medical and indemnity costs from motor vehicle …

Assurant Purchases $130 Million Catastrophe Reinsurance Coverage

Assurant, Inc., a provider of specialty insurance and insurance-related products and services, announced that certain of its subsidiaries have entered into reinsurance agreements providing for $130 million in three-year, fully collateralized reinsurance from Ibis Re II Ltd., a special purpose …

Polygon to Provide Disaster Restoration Services for Bureau of Land Management

Polygon, a property damage and document remediation services company, has been awarded a blanket purchase agreement (BPA) to provide disaster restoration services for the Bureau of Land Management, Department of the Interior. The five-year contract, effective February 1, designates Polygon …

Trimble Partners With Great American Insurance to Automate Crop Reporting

Trimble announced a strategic alliance with Great American Insurance Group to help farmers automate their crop insurance reporting under the U.S. Department of Agriculture (USDA) Federal Crop Insurance Program. The new recordkeeping system makes it possible for Farm Works users …

Adjusters International Opens New Chicago Office

Adjusters International, a provider of public insurance adjusting and disaster recovery consulting services, announces the opening of its new Chicago office at 500 N. Dearborn. This centrally located office in downtown Chicago greatly expands Adjusters International’s service offerings, allowing the …

XL Adds Excess Auto to E&S Insurance Offering

The insurance segment of XL Group plc added excess auto to its Excess & Surplus (E&S) product offerings and hired Michael Gramm to manage the new product line. Mr. Gramm joins as vice president – excess auto and will be …

Medical Liability Insurer MMIC Forms Risk Retention Group

Medical liability insurer MMIC Group, Inc. (MMIC) has formed a risk retention group – MMIC RRG, Inc. – to meet the evolving medical liability needs of physician groups, clinics or hospitals based in MMIC’s eight-state core territory that may employ …