Cunningham Lindsey, an insurance claims management company controlled by buyout firm Stone Point Capital LLC, is up for sale and could fetch more than $1 billion, sources familiar with the situation said. Bank of America Merrill Lynch is advising Cunningham …
Enservio, a property insurance analytics, affinity marketing and claims solutions provider, announced that the company has entered into a definitive agreement to acquire Insurers World. Together, Enservio and Insurers World will be able to offer property insurers a full range …
Cover-All Technologies Inc., a Delaware corporation, announced the acquisition of the assets of BlueWave Technology, including its insurance claims software, PipelineClaims, in a cash transaction effective December 30, 2011. The Cover-All/BlueWave browser-based claims administration software will be marketed both as …
The ACE Group announced the acquisition of Rio Guayas Compania de Seguros y Reaseguros, a general insurance company in Ecuador that is owned by Banco de Guayaquil, for approximately US$55 million in cash. Founded in 1993 and currently the fourth-largest …
The principals of Colonial Claims Corporation announced that a subsidiary of Brown & Brown, Inc. has acquired certain assets of Colonial Claims Corporation, Continental Claims Corp., and Colonial Claims of Kentucky, Inc. (collectively, “Colonial Claims”). With combined annualized net revenues …
York Risk Services Group (York), a national provider of claims-management, specialized loss adjusting, insurance pool administration and other insurance services, announced the acquisition of Dublin, Ohio-based Avizent. The terms of the acquisition were not disclosed. Avizent, a national third party …
York Risk Services Group, provider of a full range of claims administration and risk management services, announced it has acquired Austin, TX-based JI Companies. The terms of the acquisition were not disclosed. The JI Companies acquisition is a continuation of …