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Monarch E&S Acquires Market Finders in New Mexico

Article 0 Comments Monarch E&S Insurance Services acquired Market Finders Inc. in Albuquerque, New Mexico. MFI is a managing general agent and wholesale broker founded in 1971. MFI specializes in both personal and commercial lines, including transportation risks. The company is led by President Steve Shaffer. Monarch E&S Insurance Services is a division of Specialty Program Group LLC. Topics Mergers & Acquisitions Excess Surplus Mexico Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. Interested in Excess Surplus? Get automatic alerts for this topic.

McDougall Insurance Announces Merger With Duliban Insurance 0

McDougall Insurance Announces Merger With Duliban Insurance

Belleville, ON (June 2, 2025) – McDougall Insurance Brokers Limited is pleased to announce that we have merged operations with Duliban Insurance as of June 2nd, 2025. We are extremely excited as Duliban Insurance is an outstanding brokerage with offices across the Niagara and Haldimand regions. We are pleased to welcome Duliban’s industry-leading team to the McDougall family. “If prior to this merger we were asked to list the best brokerages in Canada, Duliban would have been a name at the very top,” said Ross McDougall, CEO of McDougall Insurance. “Like us, they are a family business that puts their communities, staff and clients first. Their growth and strategy complements our own perfectly, and I have complete confidence that this merger elevates our combined operations to a whole new level.” Principal Broker Jason Duliban will remain with Duliban in his current capacity while joining McDougall Insurance’s national leadership team, while Duliban’s other Principal Broker, Adam Duliban, will work with the firm through a transitory period, then focus on growing and managing other family assets. The Duliban brand will remain and will become a pivotal divisional brokerage of McDougall Insurance, while the Duliban family will become important shareholders of McDougall Insurance...

Acera Insurance partners with Navigate Benefit Solutions 0

Acera Insurance partners with Navigate Benefit Solutions

Acera Insurance welcomes Navigate Benefit Solutions, expands Acera Benefits division Calgary, AB (June 3, 2025) – Acera Insurance Services Ltd. is pleased to announce it has partnered with Navigate Benefit Solutions as it continues to expand its specialty Acera Benefits division. As a full-service consulting firm, Navigate Benefit Solutions has provided group benefits and group retirement savings solutions since 2002. The firm is headquartered in Calgary, with team members also based in Edmonton and Regina. “We are excited to partner with a firm that shares our core values of excellence and putting people first,” says Tony Fairfield, Executive Vice President, Acera Benefits. “Navigate Benefit Solutions’ longstanding reputation for providing trusted advice and exceptional service boosts the expansion of our client-focused, forward-thinking team across Canada.” This partnership demonstrates Acera Insurance’s commitment to support independent and locally owned firms increase scale while ensuring clients continue to receive personalized, unbiased solutions and guidance from an independent and Canadian-owned business. “As an independent firm that is focused on building lasting relationships with our clients, Navigate Benefit Solutions has never compromised on the impartial and expert solutions we provide,” says Jason Probe, President, Navigate Benefit Solutions. “We are pleased to join an organization that shares...

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Arthur J. Gallagher Acquires Wilkins & Associates in Nevada

Article 0 Comments Arthur J. Gallagher & Co. today acquired Reno, Nevada-based Wilkins & Associates Insurance Services Inc. Steve Wilkins, Jared Wilkins and their team will operate under the direction of Scott Firestone, head of Gallagher’s Southwest region retail property/casualty brokerage operations. Wilkins & Associates, founded by Tom and Melanie Wilkins, is a retail insurance broker serving commercial and personal lines clients in Reno and western Nevada. Arthur J. Gallagher is an insurance brokerage, risk management and consulting services firm headquartered in Rolling Meadows, Illinois. Topics Mergers & Acquisitions A.J. Gallagher Was this article valuable? Thank you! Please tell us what we can do to improve this article. Submit No Thanks Thank you! % of people found this article valuable. Please tell us what you liked about it. Submit No Thanks Here are more articles you may enjoy. Interested in Mergers? Get automatic alerts for this topic.

IBM Unveils The First Mainframe Fully Engineered For The AI Age 0

IBM Unveils The First Mainframe Fully Engineered For The AI Age

New Innovations Unlock Capabilities for Enterprise-Scale AI, Including Large Language Models and Generative AI; User Experience Reimagined via new Assistants and Agents Armonk, NY (May 8, 2025) – IBM is pleased to announce the IBM z17, the next generation of the company’s iconic mainframe, fully engineered with AI capabilities across hardware, software, and systems operations. Powered by the new IBM Telum®  II processor, IBM z17 expands the system’s capabilities beyond transactional AI capabilities to enable new workloads. IBM Z is built to redefine AI at scale, positioning enterprises to score 100% of their transactions in real-time.[1] z17 enables businesses to drive innovation and do more, including the ability to process 50 percent more AI inference operations per day than z16.[2] The new IBM z17 is built to drive business value across industries with a wide range of more than 250 AI use cases, such as mitigating loan risk, managing chatbot services, supporting medical image analysis or impeding retail crime, among others. IBM z17 is the culmination of five years of design and development which included the filing of more than 300 patent applications filed with the US Patent and Trademark Office. Designed with the direct input of more than 100...

ClaimsPro Renames Internal Call Centre Solution 0

ClaimsPro Renames Internal Call Centre Solution

Toronto, ON (June 1, 2025) – ClaimsPro, Canada’s leading provider of independent claims adjusting services and an SCM company, has announced the renaming of its internal call centre service to 24-Hour Contact Centre. This new name is more aligned with the current call answering services being provided by this internal group, as well as several technological enhancements applied over the past 20 years of operation. ClaimsPro’s 24-Hour Contact Centre (formerly known as the Emergency Claims Service) handles over 500,000 insurance calls each year, providing bilingual claims intake and FNOL reporting to support all types of losses across Canada, including catastrophic and high-volume events. The service is led by John Saragosa (Vice President, Claims Administration) and Vignesh Tharumalingam (Director, Claims Administration), who have been instrumental in expanding ClaimsPro’s call centre services to their current level of operations by managing client relationships and delivering specific call centre solutions to support their needs. As the new name suggests, the 24-Hour Contact Centre is in operation 24/7 with live Customer Service Representatives answering calls 365 days per year to assist policyholders and claimants through the claims process. Through this service, ClaimsPro supports a diverse client base with unique solutions for corporate programs, insurers, brokers,...

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10 States Where the Top 5% Earn the Most

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15 Best State Economies: 2025

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Stonetrust Insurance Credit Ratings Unchanged Amid Acquisition of Southern Vanguard

Article 0 Comments AM Best said that the Credit Ratings (ratings) of Southern Vanguard Insurance Company (Southern Vanguard) (Austin, Texas) and the members of Stonetrust Insurance Group (Stonetrust) (Baton Rouge, Louisiana) remain unchanged following the May 27, 2025, announcement that Wintaai America Inc. (Wintaai), Stonetrust’s holding company, will be acquiring Southern Vanguard, subject to regulatory approval. The members of Stonetrust have a Financial Strength Rating (FSR) of A- (Excellent) and Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) with positive outlooks. Southern Vanguard has an FSR of A- (Excellent) and a Long-Term ICR of “a-” (Excellent) with stable outlooks. Wintaai owns 99.94% of Stonetrust and the remaining is owned by various employees. Wintaai will own 100% of Southern Vanguard following conclusion of the transaction, which is pending regulatory approval and expected to close by July 2025. Aside from the transaction cost, Wintaai will also add capital to Southern Vanguard as a post-close contribution. AM Best said it does not expect the transaction to have any material change to either the rating unit’s rating fundamentals or business operations. The credit ratings agency will continue to evaluate each of these organizations independently while monitoring the progress and the effects of this...

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BNY Rolls Out New Products, Services at Insite Event

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