Monthly Archive: August 2019

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Willis Towers Watson completes acquisition of TRANZACT

Arlington, VA (July 30, 2019) – Willis Towers Watson, a leading global advisory, broking and solutions company, announced today that following the satisfaction of customary closing conditions and receipt of regulatory approval, it has...

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UL Publishes First-Ever Guideline on Public Risk Management

Ottawa, ON (July 29, 2019) – Underwriters Laboratories (UL), a global safety science leader, is pleased to announce the publication of CAN/UL 2984, Management of Public Risks – Principles and Guidelines. This first edition...

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Global insurance M&A rises to highest level for four years

Harrogate, UK (Aug. 1, 2019) – Mergers and acquisitions (M&A) in the global insurance industry increased in the first half of 2019, with 222 completed deals worldwide, up from 196 in the second half...

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Apollo acquires InsurTech startup Insura

Insura founder Josh Pillsbury joins Apollo team Toronto, ON (Aug. 1, 2019) – Apollo Insurance Solutions has acquired InsurTech startup Insura, and its founder & CEO, Josh Pillsbury, has joined the Apollo team as...

Regulators Mull Moving Up Delivery Of Life Insurance Buyer’s Guide

Life insurance sales are stagnant, but profits are still being made. Industry proponents lost one argument and forced a delay in another decision during a conference call Tuesday as regulators debate which disclosures will...

IIROC sanctions settlement agreement

The Investment Industry Regulatory Organization of Canada (IIROC) has accepted a settlement agreement, with sanctions, between its staff and an advisor with the Montreal branch of Scotia Capital Inc. IIROC said Jacques Maurice admitted having recommended...