Around the P&C insurance industry: July 18, 2018
News from LexisNexis Risk Solutions, RIsk Strategies, Arthur J. Gallagher & Co. and more.
LexisNexis Risk Solutions has made a multi-million dollar investment in the formation of a new global Connected Car team. A 35+-person team has been created to help automakers and insurers share data and analytics to deliver the next generation of mobility, connected car services and insights to improve the customer experience for both industries.
The Insurance Institute for Business & Home Safety has announced its third annual FORTIFIED Home Volume Awards. This year’s award winners include five homebuilders and four certified FORTIFIED Home evaluators.
EPG Insurance and Assurant Inc. announced they will partner to provide insurance and equipment protection. The companies will offer point of sale property insurance solutions and extended service contracts for customers of construction, agriculture, logging and trucking industries.
Arthur J. Gallagher & Co. has acquired The Jack Nebel Companies Inc., based in North Barrington, Illinois. Terms of the transaction were not disclosed.
Philadelphia Insurance Companies has announced a new pool and spa contractors program designed to handle the unique insurance risks of pool and spa contractors. Coverages offered include property, equipment breakdown, inland marine, crime, general liability, automobile, pollution, professional liability and more.
RIsk Strategies has acquired Oxford Risk Management Group. Terms of the deal were not disclosed.
QBE North America has partnered with AmWINS Program Underwriters (APU) to offer errors and omissions coverage for architects, engineers and design businesses. APU’s program will be distributed through both wholesale brokers and retail agents. This new program has several key coverage features including pre-claims assistance, crisis management, technology and no copyright/ trademark exclusion.