Around the P&C insurance industry: July 12, 2023
Insurance industry news from Coalition, Zurich North America, MarshBerry and more.
Coalition announced its cyber insurance and technology errors and omissions insurance offerings are now available in Quebec. Brokers can receive highly streamlined quotes for small businesses to large enterprises.
Ryan Specialty acquired certain assets of ACE Benefit Partners, Inc., a medical stop loss general agent.
Zurich North America introduced a cyber insurance offering designed specifically for middle market businesses. The Zurich Cyber Insurance Policy Concierge Suite includes not only cyber insurance coverage but also loss-prevention and resilience services such as a breach coach and a cybersecurity hotline available 24/7.
Blink Parametric increased its headcount, effectively doubling its workforce in Cork by the end of 2025. The expansion will be across all technical roles including presales, full stack developers, QA and data analytics with opportunities across multiple levels ranging from experienced hires to graduates, the majority of which will be based in their new Cork-based, City Quarter office location.
MarshBerry announced the regional winners of its prestigious MAX Performer Awards, a mark of distinction given to independent agencies with solid financials, operational excellence and that provide world-class client service. These winners include:
- Midwest: CoyleKiley Insurance Agency, Rockford, Ilinois
- Southwest: Carroll Insurance, Houston, Texas
- East: BSI Corporate Benefits, Bethlehem, Pennsylvania
- Southeast: Snellings Walters Insurance Agency, Atlanta, Georgia
- West: CRS Insurance Brokerage, Englewood, Colorado
Evertree Insurance Services, LLC acquired Alex Johnson Insurance Agency, located in the DC Metro region, and State of Art Insurance, located in Springfield, Virginia. Both transactions closed on July 1, 2023 and establish Evertree’s presence in the Mid-Atlantic region.
Tarci launched the Tarci for P&C Insurance Services data suite. This advanced new suite of SMB data modules is designed to inform sales, marketing, risk and underwriting strategies for a variety of Insurance services.
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