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Italian-headquartered, global insurer Generali has announced an agreement to acquire a c. 9.9% stake in Banco de Crédito Cooperativo (BCC), the holding entity of Grupo Cooperativo Cajamar (GCC), for €150 million. This investment further strengthens the strategic alignment between the two companies and solidifies Generali’s position as a leading insurance partner in Spain, the insurer […] The post Generali’s minority investment in BCC to strengthen partnership with Grupo Cooperativo Cajamar appeared first on ReinsuranceNe.ws.
Insurity, a provider of cloud-based software for insurance carriers, brokers and managing general agents (MGAs), is expanding its partnership with ReSource Pro, an insurance-focused services and technology company specialising in operational support, technology services and implementation. The expanded relationship combines Insurity’s cloud-based insurance software with ReSource Pro’s expertise in insurance operations, technology, managed services and […] The post Insurity and ReSource Pro expand partnership to support insurance modernisation appeared first on ReinsuranceNe.ws.
Alchemy Insurance Solutions Names Peck President, Personal Lines, West Alchemy Insurance Solutions LLC named Michael Peck president, personal lines, Western region. Peck will lead Alchemy’s underwriting strategy and growth across the Western U.S., with a focus on high net worth …
Bold Penguin, an AI-enabled insurance distribution technology company specialising in commercial lines, and bolttech, a global insurtech providing technology-led insurance distribution, have entered into a global strategic partnership covering the US, Europe and Asia. The partnership will focus on developing a combined offering spanning commercial and personal lines, with the companies targeting insurance agents, insurers […] The post Bold Penguin and bolttech form global partnership to develop insurance distribution offering appeared first on ReinsuranceNe.ws.