Monthly Archive: July 2020

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Majesco To Be Acquired By Thoma Bravo

Transaction provides significant premium to Majesco shareholders who are to receive $13.10 in cash per share Morristown, NJ (July 20, 2020) – Majesco, a global leader of cloud insurance software solutions for insurance business...

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Verisk Launches Life Risk Navigator Software Platform

Leading-edge life risk modelling suite now available in Life Risk Navigator Boston, MA (July 20, 2020) – Verisk, a leading data analytics provider, today announced the release of Life Risk Navigator™, an innovative, cloud-based...

How Pandemic Rules Affect Life Insurance Underwriting For Foreign Nationals

By Greta Albright As financial professionals continue to navigate underwriting changes in today’s pandemic environment and anxiously await the possibility of releasing some of the temporary restrictions placed on life insurance underwriting, life insurance...

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Chubb integrates accident and health businesses in North America

Chubb has integrated its North America Accident and Health (A&H) businesses in a bid to better address the needs of middle-market and large corporate clients. “This integration of our A&H businesses reinforces our commitment...

State Insurance Regulators Tangle Again On ‘Proxy Discrimination’

State insurance regulators found little agreement Thursday on language to address proxy discrimination in artificial intelligence. The Innovation and Technology Task Force is the latest panel to work on the Principles for Artificial Intelligence...

2Q Earnings To Reveal Accuracy Of Life Insurers’ COVID-19 Estimates

Texas-based insurer Globe Life estimates $2 million in life insurance claims per 10,000 lives lost to the COVID-19 pandemic. Frank Svoboda, chief financial officer for Globe Life, revealed the projection Thursday during the company’s...