Around the P&C insurance industry: September 4, 2024
This week's update includes insurance industry news from PGW Auto Glass, MarshBerry, RIMS and more.
PGW Auto Glass, LLC has acquired PH Vitres d’Autos and affiliates from Driven Brands. PH Vitres d’Autos is a leading provider of wholesale auto glass distribution, retail installation, calibration and related services in eastern Canada. Based in Sainte-Perpetue, Quebec, PH Vitres employs more than 300 associates at 22 locations across Quebec, Ontario, New Brunswick and Nova Scotia.
BLAST and Progressive Insurance sponsored the Rocket League Championship Series World Championship 2024. Progressive is the second largest personal auto insurer in the United States, a leading seller of commercial auto, motorcycle and boat insurance, and one of the country’s top 15 homeowners insurance carriers.
Ebix Inc. announced that it has successfully completed its Chapter 11 restructuring process and has emerged as a financially and operationally stronger company that is well-positioned for the future. The 12,000+ employee company is now debt-free worldwide.
MarshBerry announced that FirstChoice was ranked the #1 Top Agency Partner by Insurance Journal for the second year in a row. FirstChoice caters to insurance agency owners who prioritize talent investment, embrace challenging decision-making, want to develop and work toward a strategic plan and apply agility and empowerment. FirstChoice offers growth solutions tailored for agencies of all sizes.
Falcon Risk Services has launched a new insurance solution for real estate developers, Falcon Cornerstone. The new offering from the specialist provider of underwriting and claims solutions for management, professional and cyber liability, covers developers E&O – including lenders and investment fund D&O/E&O. Falcon Cornerstone is available through select appointed brokers only.
Earnix and Hexaware, an IT services and solutions provider, partnered to help insurers improve underwriting efficiency, reduce losses, better comply with regulations and ensure competitive advantage through effective pricing strategies.
International Conference on Inclusive Insurance 2024 will take place from October 21 to 25 in Kathmandu, Nepal. Registration is now open for media to attend the event press briefing, taking place online and in person. The milestone 20th edition of the conference will be hosted by the Nepal Insurers’ Association, Life Insurance Association Nepal, and the Nepal Insurance Authority in cooperation with the Munich Re Foundation and the Microinsurance Network.
RIMS and Brokerslink have agreed on a multi-year program to advance a global standard of knowledge and professionalism through the proliferation of the RIMS-Certified Risk Management Professional (RIMS-CRMP) certification (ANSI National Accreditation Board (ANAB) accredited under the ISO/IEC 17024 standard).
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