Global P&C insurance: July 27, 2022 | PropertyCasualty360

Articles from Counterpart, Corvus Insurance, JS Held and more. (Image: Shutterstock)

His friend established Excess Insurance for small businesses. Powered by Aspen, the Excess plan is another way to help small businesses during excess cases. Counterpart is the first driver management company to use proprietary technology and advanced technology to respond to the ever-increasing claims and legal costs that can easily cripple a small business. Claims costs have skyrocketed in recent years as a result of legal and claimant laws and unsustainable fines.

Corvus Insurance associated with The opinion of the company SiriusPoint Ltd., a specialist global insurer and reinsurer, is R&Q Accredited, a leading provider of software solutions. The program, with R&Q Accredited continuing as front-line insurance, follows initial funding and a multi-year contract announced in September, 2021.

JS He did found What is Forensic Engineering?, an Ontario-based forensics firm specializing in accident reconstruction. This acquisition supports the expansion of JS Held’s Accident Reconstruction Practice and the company’s positive growth across Canada.

Duck Creek Technologies associated with OpenText. Through this agreement, Duck Creek customers can now connect to OpenText Exstream through the Duck Creek Content Exchange, allowing Duck Creek users to access the content, content and content produced by OpenText Exstream.

Charlee.ai is a provider of a SaaS-based, process-driving litigation platform, ClaimDeck, announced a new partnership. According to the Insurance Litigation Report 2022 by Lex Machina Inc., insurance litigation has increased approximately 47 percent over the past five years. Lawsuits against insurers and corporations say they are in trouble in areas where it’s already hard to make a profit.

Power LLC associated with Kemmons Wilson Insurance Group LLC, a Memphis-based agency that focuses on the hotel, hospitality and lodging industry. The addition of KWIG will add to the strategy that Virtus has established in the real estate, corporate, construction and restaurant industries.

The way agreed with the insurance agent Markel. The agreement will expand Pathpoint’s ability to serve agents and brokers quickly and efficiently and build the E&S business with A-rated carriers. Markel’s insurance companies, rated A+ and AM Best, focus on small to medium-sized Property and Casualty risks in the approved markets. and illegal, making it ideal for Pathpoint customers. Markel’s first products available on Pathpoint are within the vacant buildings & freehold and contractor positions, and are expected to launch in Q3, 2022.

Out in the open launched Openly Insurance Company, an insurance carrier licensed in 17 states.​​​​ for many agents and landlords.

NFP announced that it will open a new downtown Toronto office. NFP has signed a 10-year lease for 13,000 SF at First Canadian Place, a premier Class A office space located in Toronto’s financial district. This long-term commitment reflects the company’s growth in Canada over the past three years, with revenue growing by 110%, and its goal to continue moving forward.

Smart Communications was selected as the Leader with the highest score in the 2022 Aspire Leaderboard for Vendor Hosted SaaS Customer Communications Management. In addition to being named a Leader in this category, the company was also ranked as a Leader in all categories of the Aspire Leaderboard for AnyPrem CCM Software and Communications Experience Platform.

Related: