Benfield Group

State Automobile Mutual to Purchase Rockhill Insurance Group

November 18th, 2008

State Automobile Mutual Insurance Company announced today that it has agreed to acquire Rockhill Insurance Group of Kansas City, Mo. Closing is expected in the first quarter of 2009, subject to approval by regulatory authorities.
Rockhill Insurance Group writes approximately $135 million in specialty property and casualty direct written premium through four insurance company subsidiaries: Rockhill [...]

Insurance Brokerage Market Continues to Consolidate Despite Recession, Advisen Reports

October 9th, 2009

Size matters, according to a new report on the insurance brokerage market by Advisen Ltd. As a result, the frenetic pace of consolidation in the brokerage sector will be only temporarily slowed by the global economic recession.
“Large brokers enjoy certain advantages of scope and scale,” said John Molka III, the author of the report. “At [...]

United America Indemnity Group Goes Live With Duck Creek Technologies’ Policy Administration Solution

July 14th, 2009

Duck Creek Technologies, Inc. a leading provider of software and service solutions for the insurance industry, today announced that United America Indemnity Group, Inc. (”United America”) has implemented Duck Creek’s Policy Administration solution for a number of its Commercial ISO lines products. The PA-based carrier went live within six months with a custom Vacant Property [...]

Jenkins Insurance Group Welcomes Scott W. Reynolds

July 14th, 2009

enkins Insurance Group, a Leavitt Group affiliated agency, is pleased to announce the hiring of Scott W. Reynolds as a Vice President. Scott will lead Jenkins’ new Energy Practice with a focus on the Renewable Energy industry.
Reynolds has been in the insurance industry for 28 years with extensive experience in the Energy field. He was [...]

ICW Group Insurance Now Offers Workers’ Compensation in Illinois

July 10th, 2009

ICW Group Insurance Companies, which partners with 3,800 agents and brokers across the United States, is now offering workers’ compensation insurance in the state of Illinois.
The super-regional carrier’s industry-leading claims services and forward-thinking risk management has helped thousands of companies create a safe and productive work environment, while lowering the costs associated with workers’ compensation [...]

Ward Group Identifies 2009 Ward’s 50 Top Performing Insurance Companies

July 10th, 2009

The list of Ward’s 50 top performing insurance companies was released by Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry.
Annually, Ward Group analyzes the financial performance of over 3,100 property-casualty insurance companies and over 800 life-health insurance companies domiciled in the United States and [...]

Zurich North America Commercial and Presidio Reinsurance Group Announce Strategic Relationship Strengthening Their Positions in the Specialty Health Marketplace

July 8th, 2009

Zurich North America Commercial’s Accident & Health (A&H) group and Presidio Reinsurance Group announced today their formation of a strategic relationship to provide a broad range of risk-relief programs to the health care market.
As industry leaders with a long-term commitment to the accident and health industry, Zurich and Presidio will leverage their extensive portfolio of [...]

Liberty Mutual Group Renews Sponsorship of Boston Pops Fourth of July Concert on the Esplanade

July 6th, 2009

Boston-based Liberty Mutual Group today announced that it would continue its sponsorship of the Boston Pops Fourth of July Concert on the Esplanade through 2012, which coincides with the company’s 100th anniversary. The multi-year sponsorship agreement with Boston 4 Productions, the company that produces the event, totals approximately $7 million.
Headquartered in Boston since its inception [...]

ET Solar Group Announces Worldwide Product Liability Insurance Coverage

July 6th, 2009

ET Solar Group Corp. a Nanjing-based solar farm EPC provider and integrated manufacturer of photovoltaic (”PV”) products including ingots, wafers, modules, and state-of-the-art dual-axis tracking systems, announced immediate provision of product liability insurance coverage for its PV module customers worldwide.
Arranged by Aon, world’s top insurance brokerage firm headquartered in New York, the cover is provided [...]

Columbian Financial Group goes live with FIS’s Agency Management System, a component of the ALIS Policy Administration Platform

June 18th, 2009

FIS Software, a provider of enterprise level end to end insurance policy administration systems, today announced that Binghamton, New York based Columbian Financial Group (CFG) has completed the implementation of FIS’s Agency Management System (AMS), a component of FIS’s flagship ALIS policy administration platform. With AMS, CFG now manages its independent agent workforce using a [...]