CIC Services has seen an increasing number of technology companies replacing or supplementing commercial insurance with captive insurance, according to Randy Sadler, principal at CIC Services
A.M. Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating (ICR) of “a-” to Accredited Specialty Insurance Company (ASI), based in Arizona
The Guernsey Financial Services Commission (GFSC) has introduced a pilot scheme for pre-authorisation for insurance cells
A.M Best has affirmed the financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” of BTG Pactual Resseguradora (BTG Re), which is based in Brazil
Randall & Quilter Investment Holdings (R&Q) has signed an agreement to issue 13-year unsecured subordinated Tier 2 notes for $107.75 million
Marsh & McLennan Agency has acquired INSPRO, a full service, independent agency, based in Nebraska
A.M. Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit ratings of “a” of Spirit Insurance Company, based in Vermont, and Radius Insurance Company, based in the Cayman Islands
The National Cannabis Risk Management Association (NCRMA) has launched the first of several insurance products designed to normalise insurance availability and coverage all along with the cannabis vertical