American insurance ↝ Life insurance

Latin American insurance market shrinks 12% in 2020 due to the pandemic

The sector’s contraction has been caused mainly by the evolution of the life insurance business, with a strong decline in Brazil, Mexico, Chile and Colombia, as well as by the effect of the depreciation of their currencies. As a consequence, the total global share of the Latin American insurance market fell again in the past year, reaching 2.1%. Premiums in the life insurance segment fell sharply by 18.7% in dollar terms (compared to +5.1% in 2019), while premiums in the non-life segment dropped by 6.1% (compared to -1.1% in 2019). These declines affected most of the major markets in Latin America, the Chilean market being the one that fell the most (-15.3%), followed by Ecuador (-5.3%),...

Zurich American Insurance Co. signs agreement to acquire Special Insurance Services, Inc.

SCHAUMBURG, Ill., Nov. 11, 2021 /PRNewswire/ -- Zurich American Insurance Company ("ZAIC"), a leading provider of insurance products and services to businesses in multiple industries, has signed an agreement to acquire Special Insurance Services, Inc. ("SIS"), a Texas -based program manager whose offerings include gap medical and occupational accident insurance products. The acquisition will expand ZAIC's supplemental health insurance solutions that help businesses and individuals better manage medical costs. ZAIC's Accident and Health products for employers and other groups include voluntary benefits, travel insurance and assistance, gap medical, medical stop-loss, occupational accident...

Great American Insurance Group - Remote Work From Home & Flexible Jobs, FlexJobs

Great American Insurance Group Great American Insurance Group, a subsidiary of American Financial Group, is a Cincinnati, Ohio-based insurance company specializing in property and casualty insurance. As an employer, the company has offered opportunities to both entry-level job seekers and experienced professionals in insurance, mortgage & real estate, administrative, accounting & finance, customer service, and other fields. These positions have featured some level of flexibility, such as part-time, seasonal, freelance, and remote work opportunities, for candidates seeking work-life balance. Beckoning job seekers to join a Fortune 500 company where they can “be great,”...

Independence American Insurance Company Deploys the FINEOS Platform to Further Digital Transformation, Speed to Market, and Foster Business Growth -

PetPartners Group Pet Insurance moves to the FINEOS Enrollment Portal to support accelerated exponential growth in pet insurance employee benefit market ATLANTA - [March, 1, 2022] FINEOS Corporation ( ASX:FCL ) today announced that premier pet insurance underwriter, Independence American Insurance Company (IAIC), will leverage the cloud native FINEOS Enrollment Portal for business critical functions supporting its industry-first PetPartners Group Pet Insurance product. “We are pleased to partner with FINEOS and adopt the FINEOS Enrollment Portal to enable a user-friendly experience as we continue expanding our group pet insurance offering to businesses and consumers,” said Lane...

Honoring African Americans: Cornerstones of Economic Development African American Insurance Companies, Inside Adams: Science, Technology Business

This post was written by Lynn Weinstein a Business Reference Librarian in the Science, Technology, and Business Division. Early in the history of enslaved people in the United States, benevolent societies developed on plantations in order to care for the sick and bury the dead with dignity. In 1787, the Free African Society was formed in Philadelphia by freed Blacks to provide mutual aid and self-help and was the forerunner of the first insurance company organized by African Americans. The African Insurance Company , organized in 1810 in Philadelphia, and patterned after the Free African Society, was thought to be the first African American insurance company. Following publication of the...

Great American Insurance Group joins SIMON Markets

Great American Insurance Group joins SIMON Markets Great American Life Insurance Company is now the second insurance carrier ( following Prudential ) to offer products on SIMON’s new annuities platform for wealth managers. “The new partnership is an exciting and natural next step to expand offerings available on SIMON’s platform, which sits on the desktop of more than 30,000 financial professionals who serve more than $3 trillion in assets.” “SIMON has demonstrated its leadership in the structured investments space with cutting-edge technology and the delivery of an end-to-end solution that it is now bringing to annuities. Providing financial professionals with a unique...

Independence Holding Company Announces Launch of Medicare Supplement Underwritten by Independence American Insurance Company NYSE:IHC

Independence Holding Company Announces Launch of Medicare Supplement Underwritten by Independence American Insurance Company STAMFORD, Conn., April 29, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) announced today that it has entered the Medicare Supplement Insurance Market (Medigap), with an initial launch by Independence American Insurance Company (IAIC) in Iowa, Mississippi, Oklahoma and Utah. By July, we expect to have 15 states, including Texas, and by the 2021 Annual Enrollment Period (AEP) that begins on October 15, 2020, IAIC intends to have Medigap plans in approximately 30 states. IAIC Medicare Supplement has a variety of plans for consumers that will...

Best Places to Work in Insurance 2013: Great American Insurance Group, Business Insurance

Best Places to Work in Insurance 2013: Great American Insurance Group Health and wellness, as well as a focus on work-life balance, are paramount for Great American Insurance Group and its 4,496 employees. The Cincinnati-based insurer offers two fitness centers at its headquarters, as well as fitness facilities at its satellite offices and discounts on gym memberships. Employees also receive rebates for participating in weight-loss and smoking-cessation programs, and Great American offers matching health care contributions for employees who complete biometric screenings as part of its wellness program. For workers who aren't feeling well, Great American provides an on-site wellness center...

North American Insurance Company USA Coverage

North American Insurance Company North American Insurance Company 2721 North Central Avenue The North American Insurance Company is a health and life insurance provider specializing in Medicare supplement insurance, credit life and credit disability products. The company provides premiums and claims for more than 60,000 insurance holders all over the United States. The company’s headquarters is in Madison, Wisconsin, while the contact office is located in Phoenix, Arizona. Formerly known as Reliable Life and Casualty Company, the company applied for reinstatement of its certificate of authority in 1987. The following year, it was released and changed its name from North American Group, Ltd...

Inter-American Insurance Company of Illinois: Policyholder Information

Policyholder Information Company Overview The Inter-American Insurance Company of Illinois was an insurer licensed to operate in 44 states, the District of Columbia, and the U.S. Virgin Islands. The company accepted reinsurance on ordinary life coverages and offered individual and group life as well as health and annuity policies on a direct basis. Its ordinary life portfolio included universal life and interest-sensitive whole life products. In October 1991, the company was placed in a period of rehabilitation, and two months later a liquidation order was issued. The state life and health insurance guaranty associations helped arrange for Jackson National Life Insurance Company to assume...