Ascot, Highland to Offer U.S. Builders Risk Program June 4, 2021
Ascot as a partnered with Highland Insurance Solutions LLC, a subsidiary of WNC Insurance Services Inc. to provide a builders risk insurance program for projects in the U.S.
The partnership will provide Highland with additional capacity to underwrite frame and concrete construction projects on all risks policies. Available exclusively for new developments, the solution will deliver protection for physical damage and delay in completion. The program is offered in most continental states with a particular geographic focus on the mid-west and mid-east regions.
Utilizing Highland’s specialized distribution and underwriting expertise in the builders risk sector, capacity will be supplied by Ascot Specialty Insurance Company, Ascot’s non-admitted domestic U.S. platform, rated ‘A’ by A.M Best.
Vancouver-based CleanTech Company Clir Renewables Closes Major $27 Million Series-B Funding Round to Accelerate Growth. Vancouver, BC, June 1, 2021 Clir Renewables (Clir), a company dedicated to maximizing project returns from renewable energy assets announces the closing of its CAD$27 million Series B funding round. The Series-B financing was co-led by Longbow Capital Inc. and ArcTern Ventures, and included, Canada Pension Plan Investment Board (CPP Investments), BDC Capital, Active Impact Investments and Tokio Marine HCC.
Tokio Marine HCC – Cyber & Professional Lines Group Names Kareen Boyadjian Vice President of Cyber Underwriting streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
23-08-2018
Reliance Standard Life Insurance Company (Reliance Standard), a member of the Tokio Marine Group, has agreed to acquire a key New York statutory insurer, increasing its share of the New York Disability Benefit Law (DBL) insurance to approximately 10 percent.
The acquisition of Standard Security Life Insurance Company of New York (SSL), a subsidiary of Independence Holding Company, has been agreed subject to customary closing conditions including regulatory approvals.
Founded in 1907, Reliance Standard specialises in absence and employee benefits solutions including financial protection, absence management and supplemental health, with a portfolio of insurance products that includes group disability, life, accident, critical illness, hospital indemnity, dental, vision, medical stop loss and limited benefit medical. Reliance Standard also operates in the fixed annuity market space, including indexed annuities. The group benefits segment wrote approximately $1.39 billion i