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Clear Blue Insurance Group Selects Sapiens ReinsurancePro
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HOLON, Israel, April 28, 2021 /PRNewswire/ Sapiens Americas, a wholly owned subsidiary of Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced an agreement to deploy Sapiens ReinsurancePro by the Clear Blue Insurance Group, a property and casualty enterprise that provides commercial and personal insurance programs in partnership with general agencies and reinsurers.
As a program specialist company that provides reinsurance markets access to primary US property and casualty business, Clear Blue has many ceded reinsurance contracts. To help meet the unique needs and risk appetites of their reinsurance partners, Clear Blue has a large variety of contract provisions and parallel reinsurance programs. Clear Blue is implementing ReinsurancePro to help ma
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LAKEWOOD, N.J., April 27, 2021 /PRNewswire/ Pet Benefit Solutions introduced today its newest voluntary pet benefit to the market, Wishbone Pet Insurance. As the nation s leading provider of benefits for employees with pets, Pet Benefit Solutions recognized the challenges faced by HR departments offering pet insurance to their employees, and created Wishbone to address those challenges.
New pet health insurance brings better options to HR departments that care about their employees’ four-legged friends.
Available only through employer groups, Wishbone Pet Insurance is a result of over 100 years of combined experience in pet wellness and employee benefits. Wishbone s easy-to-understand plans cover accidents, illnesses, and routine care. Employees will enjoy fast claim turnaround times and personable customer service. Unlike other carriers, Wishbone does not average pricing for all pets, but instead provides the best value plan for each
Insurers Have Paid Nearly $1.7B Property, Auto Claims from Texas Winter Storm April 19, 2021
As of late March, Texas policyholders had filed 386,108 property and auto insurance claims related to the winter storm that blanketed the state in mid-February.
That number reflects preliminary results from a data call issued February 26 to property and auto insurers by the Texas Department of Insurance seeking information on claims stemming from the storm that impacted the state Feb. 11 – 19.
TDI has released a report, February 2021 Winter Storm Survey Data Industry Aggregate Results for Texas, that shows insurer-reported claims information as of March 26.
The report is based on data submitted by 85% of the state’s property insurance market and 94% of the auto insurance market. It shows insurers have paid out $1,673.9 billion on 186,982 combined residential property, commercial property and auto insurance claims.