Insurance

FRANKFURT, May 16 (Reuters) – Reinsurance company Swiss Re said on Thursday that it would exit its loss-making digital white-label business after a strategic review and could incur restructuring costs in…

Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing options. “With ePayPolicy’s latest feature release, Finance Connect, Agile now offers its customers convenient online financing enrollment and premium payment…

WALNUT CREEK, Calif., May 13, 2024 /PRNewswire/ — CSAA Insurance Group, a AAA insurer, has elected Mike Zukerman its president and chief executive officer, effective immediately. Zukerman was named interim CEO in August 2023. “Mike…

LOS ANGELES, May 9, 2024 /PRNewswire/ — Mercury Insurance (NYSE: MCY) is spearheading a plan to maintain insurance availability and provide coverage for thousands of California consumers. Tokio Marine America (TMA) and Mercury have closely cooperated to develop a plan…

May 8 (Reuters) – Canada’s Manulife Financial Corp (MFC.TO), on Wednesday reported better than expected quarterly profit boosted by a robust performance in its Asia business and wealth management unit. The country’s…

Annuity provider Revol One Financial achieves expedited “go live”  Genpact’s data, technology, and AI expertise combined with AWS services modernize insurance businesses to drive competitive advantage NEW YORK, May 8, 2024 /PRNewswire/…

CHARLOTTE, N.C., May 7, 2024 /PRNewswire/ — Truist Financial Corporation (NYSE: TFC) today announced the completion of the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage…

Malaysia’s first digital bank, GXBank, in collaboration with Zurich General Insurance Malaysia and Zurich Life Insurance Malaysia, has announced a 10-year bancassurance partnership aimed at developing affordable micro protection insurance…

State Farm, California’s largest insurance provider, announced it would not renew insurance policies for approximately 72,000 homes and apartments in the state beginning this summer. What’s happening? In March, State…

Prudential, the insurance giant, has made the decision to shut down Assurance IQ, a tech startup it acquired for $2.35 billion in 2019. Caroline Feeney, head of Prudential’s U.S. businesses,…

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                  The world’s preeminent Private Banks and Wealth Managers are demonstrating a committed drive in innovation, advisory, new products and services to meet the sophisticated needs of their clients.

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                  Amid economic activity revival on the back of the Covid-19 vaccine program, organisations moving from business continuity plans to stable working environments, together with the slightest improvement in unemployment numbers, forced the world to adjust to new realities. Coming to terms with the “new normal”, global investors are now on the look-out for attractive and stable investment opportunities.

                  Needs of Private Wealth customers and families worldwide have drastically changed due to the pandemic and banks have had to accelerate efforts to deploy a multi-channel service strategy and safeguard clients’ businesses and wealth against negative impacts of economic uncertainly.

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