Category Archives: Business: Insurance

Press Releases from the Insurance world, What’s new, Popular, Trending and News Worthy. In the ever changing industry of Insurance.

AssuredPartners Acquires Borland Insurance Limited in Scotland, United Kingdom


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David Heathfield, CEO of AssuredPartners in the UK, said: “We look forward to working with John and his team and feel confident that the values upon which Borland has been built will prove to be a great fit with how we operate here at AssuredPartners.”

AssuredPartners Acquires Borland Insurance Limited in Scotland, United Kingdom

United States Independent Insurance Agency Expands in Europe

AssuredPartners Inc is pleased to announce the acquisition of Borland Insurance Limited. The transaction has received regulatory approval and will complete on 1 February 2021. The team of 30 will all remain in place and under the leadership of Borland CEO, John Silcock.

Founded in 1995 with offices in Edinburgh, Aberdeenshire, Fife and Colchester, Borland provides insurance solutions to a wide spectrum of commercial and private clients. With a particular emphasis on providing bespoke insurance programmes to protect against all forms of business risk ranging from property exposures to general liability/workers compensation, contractors all risks to professional liability, Borland has developed a reputation for a client centric approach capable of providing targeted solutions to complex risk scenarios.

AssuredPartners is one of the fastest-growing, independent insurance agency in the United States. Founded in 2011, AssuredPartners has acquired in excess of 325 agencies, with offices in 34 states and circa 7,000 employees. It is now the 11th largest broker in the United States and this latest acquisition adds to its expanding footprint in the UK retail brokerage space following acquisitions in Birmingham and Chester. AssuredPartners also recently announced the opening of an office in Belgium.

David Heathfield, CEO of AssuredPartners in the UK, said, “We look forward to working with John and his team and feel confident that the values upon which Borland has been built will prove to be a great fit with how we operate here at AssuredPartners. We are very excited about establishing a presence in Scotland and look forward to using the market knowledge that John has gained over the years as a platform from which to identify further acquisition opportunities across the UK in the near future.”

John Silcock, CEO, Borland Insurance, commented, “We were in the privileged position of having a great deal of interest in our business, but it quickly became clear that AssuredPartners offered something different to the other acquirers out there. The cultural synergies between ourselves and AssuredPartners were obvious from the outset of our conversations. This gave me the comfort that post acquisition our clients would remain paramount to our service offering, whilst at the same time allowing the Borland team to be an integral part of the exciting project of growing the AssuredPartners’ operation across the UK retail space.”

ABOUT ASSUREDPARTNERS, INC

Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in the United Kingdom. From its founding in March of 2011, AssuredPartners has grown to over $1.6 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 190 offices in 34 states, the United Kingdom and Belgium. For more information, please visit http://www.assuredpartners.com.

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AssuredPartners Announces Acquisition of Murray Insurance Associates, Inc.


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AssuredPartners logo

“We are pleased to have another Top 100 agency join us. This partnership will strengthen our Pennsylvania operations as we continue to expand our services and footprint throughout that part of the region,” said AssuredPartners CEO, Tom Riley.

AssuredPartners, Inc. is proud to announce Murray Insurance Associates, Inc. (Murray) of Lancaster, PA has joined AssuredPartners. The team of 170 will remain under the leadership of Murray Chairman, President and CEO, Richard Rankin. The agency currently reports $31 million in annualized revenues.

“Murray provides the smart solutions and deep expertise that help people be better prepared so they’re more secure. Our services vary widely, giving us the ability to create highly technical and tailored plans,” said Richard Rankin. “We look forward to offering long-term security for our current and future clients alongside AssuredPartners.”

AssuredPartners Regional President, Brian Bair, stated, “At AssuredPartners, we focus on partnering with agencies that demonstrate a dedication to growth and partners who value building lasting relationships, and because of that, we are more than pleased to have the team from Murray join our operations.”

“We are pleased to have another Top 100 agency join us. This partnership will strengthen our Pennsylvania operations as we continue to expand our services and footprint throughout that part of the region. We welcome the talented team and clients of Murray to AssuredPartners,” said AssuredPartners CEO, Tom Riley.

For more information on Murray, please visit: https://www.murrayins.com/

ABOUT ASSUREDPARTNERS, INC

Headquartered in Lake Mary, Florida and founded by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in England. From its founding in March of 2011, AssuredPartners has grown to over $1.6 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 190 offices in 34 states in addition to London and Belgium. For more information, please contact Jamie Reinert, Director of Marketing and Communications, at 513-624-1779 or jamie.reinert@assuredpartners.com, or visit http://www.assuredpartners.com.

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Zillion Names Recipient of its Zillion Women in STEM Scholarship


Ms. Kaylin Moss is the recipient of Zillion's Women in STEM Scholarship

Ms. Kaylin Moss is the recipient of Zillion’s Women in STEM Scholarship.

We are thrilled to award this year’s Zillion Women in STEM Scholarship to Ms. Moss, and are impressed and encouraged by her achievements in STEM both at school and beyond the classroom.

Zillion is excited to announce that Ms. Kaylin Moss is the recipient of its Zillion Women in STEM Scholarship. Ms. Moss, currently a computer science major at Marist College, was among many highly qualified and impressive applicants, and was selected for her strong commitment to learning, perseverance and advocacy for women in science.

As an InsurTech focused on Personal Jewelry Insurance, Zillion created the “Zillion Women in STEM Scholarship” to aid and empower women to enter into the fields of science, technology, engineering, and math. The academic scholarship awarded by Zillion is designed to cover a portion of tuition costs for a female student majoring in a STEM discipline at an accredited college or university in the United States.

“At Zillion, our success is due to our innovative team. We’ve seen first hand the benefits of having diversity within our organization with women representing a large percentage of our engineering team,” said Adam Black, Managing Director at Zillion. “We are thrilled to award this year’s Zillion Women in STEM Scholarship to Ms. Moss, and are impressed and encouraged by her achievements in STEM both at school and beyond the classroom.”

About Zillion

Zillion (myzillion.com) is an InsurTech company reinventing personal jewelry insurance by providing 1-click insurance at point of sale, in seconds, right from a smartphone or eCommerce cart. In partnership with leading point of sale and eCommerce solutions, Zillion’s technology platform helps jewelers increase their service value to customers by enabling immediate insurance protection. Customers can now “wear their jewelry with confidence” knowing they are protected. Zillion’s insurance customers are backed by insurance giant AXA XL, rated A+ Superior by A.M. Best.

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Car Insurance Basics 2021 – What Eevnts Are Covered By Collision Insurance?


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“Collision coverage will help drivers recover their losses if their cars are damaged by other vehicles or objects in accidents they are at-fault”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has launched a new blog post that explains what types of events are covered by collision car insurance.

For more info and free quotes, please visit https://compare-autoinsurance.org/events-covered-by-collision-insurance/

Collision insurance is a type of coverage that will reimburse the policyholders for damage sustained to their vehicles, due to the fault of the policyholders. As the name suggests, this coverage will pay only when a collision happens.

The event covered by collision coverage are the following:


  • The policyholder hits another vehicle. In these situations, policyholders are obliged to stay at the place of the accident, or else it will be considered a hit-and-run incident. Drivers are recommended to take photos of the damaged vehicles and search for witnesses that can properly describe what really happened. As soon as possible, drivers should report their accidents to the insurers. The property damage liability component of the minimum required insurance will pay for the damages sustained by the vehicle that was hit by the policyholder’s vehicle, and the collision coverage will reimburse the costs to repair the at-fault policyholder’s vehicle. The premiums can increase by as much as 40% after an at-fault accident. After multiple at-fault accidents in a short period of time, the insurers will cancel the policies of at-fault drivers.
  • The vehicle hits an inanimate object. Policyholders can file a claim after they hit a tree, a fence, a lamppost, or even a pothole. These types of accidents are considered at-fault accidents and the policyholder’s insurance premiums will increase. Objects that lay on the road or near the road are seen as avoidable obstacles. If the damages sustained by the vehicles are too small, drivers should not file a claim.
  • The car rolls over. Rollovers are accidents where vehicles flip over onto their sides or roof. These types of incidents occur when a vehicle hits another vehicle, object or when a vehicle takes a curve at high speed. Although all passenger vehicles are susceptible to rollovers, SUV’s and pickup trucks rollover incidents are more likely to happen. Rollover accidents are expensive and it’s not uncommon for the involved vehicles to be totaled. In these cases, insurers will reimburse the policyholders that have collision coverage with the actual cash value of their vehicles at the moment prior to the accident. However, if the rollover accident happened because the policyholder was driving recklessly, insurers can deny paying any losses.

For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Wise F&I Obtains Partnership with CarBlip, an On-Demand Car Buying and Leasing Platform


“This partnership with Wise F&I provides CarBlip with a trusted provider of a comprehensive line of insurance products that will give our customers access to a multitude of options, suiting every customer’s individual insurance needs,” said CarBlip’s CEO Brian Johnson.

Wise F&I recently established a partnership with CarBlip. CarBlip, an on-demand car buying and leasing platform, is rolling out customer access to Wise F&I’s leading products: GAPWise, TIREWise and WiseTVP. CarBlip is currently available in the state of California and will be expanding their operations nationwide in 2021.

“This partnership with Wise F&I provides CarBlip with a trusted provider of a comprehensive line of insurance products that will give our customers access to a multitude of options, suiting every customer’s individual insurance needs,” said CarBlip’s CEO Brian Johnson. “At CarBlip, we are focused on partnering with the leaders in automotive to be able to provide our customers with the best experience and products available.”

Wise F&I is always proud to welcome new partnerships who will help disseminate our products to the end consumer. Wise F&I’s Senior Account Executive Amy Counts, will be the point-of-contact to help guide CarBlip through their upcoming successes.

About Wise F&I

Wise F&I has a long history of success in the automotive finance and insurance space, initially specializing in Guaranteed Asset Protection (GAP) then expanding over the years to now include a full array of F&I products including: Appearance Care Service Contracts, Theft Deterrent Systems, Vehicle Service Contracts, Key Replacement and other ancillary products. Wise F&I branded products are marketed through independent agents to automotive dealers. Additionally, Wise F&I supports private label programs and strategic partnerships with automotive lenders and finance companies on both a national and regional basis. All products are fully compliant and underwritten by an A- rated (or better) insurance carrier.

With over 30 years in the industry, Wise F&I’s experience allows the delivery of complete contract origination solutions supported by efficient and accurate claims and cancellation processing. With a focus on building partnerships, and a priority on customer service, Wise F&I is the F&I provider of choice. Visit http://www.WiseFandI.com for more information.

About CarBlip

CarBlip is an on-demand car buying and leasing platform. Through the CarBlip Configurator, customers are able to build their ideal car exactly how they want it. Next, someone from the CarBlip Concierge Team will locate all options that match the customer’s preferences. Each customer is provided with a dedicated concierge who will guide them through the entire process from negotiation to delivery. CarBlip’s goal is to alleviate most, if not all, of the pain points in the car buying process. CarBlip’s B2C platform provides a complete car buying solution including new car purchases, finance solutions, after-market upgrades, insurance, trade-ins, and door-to-door delivery. Visit http://www.carblip.com for more information.

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Adjusteck Welcomes India-Based Proclaim Surveyors and Loss Adjusters to Partner Network


NEW PARTNER Proclaim Loss Adjusting in India Adjusteck

We are excited to be able to seamlessly tap into the proven leadership of Proclaim for claims in the India region as part of the Adjusteck network.

Adjusteck LLC, an international loss adjusting and claims management firm dedicated to helping insurers manage loss worldwide, is pleased to welcome Proclaim Surveyors and Loss Adjusters to the Adjusteck Partner Network. The addition of Proclaim bolsters Adjusteck’s capabilities in India and nearby territories extending into the Middle East.

Proclaim is an Indian owned entity with 30 offices and 250 professionals employed across the country, as well as operations recently setup in the Middle East. With highly experienced loss adjusters and associated technical staff who can provide focused claims management services across a wide range of specialist disciplines, Proclaim has proven expertise for handling major losses including lines of business such as Cyber, where complex technical issues dominate.

“We are excited to be able to seamlessly tap into the proven leadership of Proclaim for claims in the India region as part of the Adjusteck network,” remarks David Bosley, managing director of Adjusteck, who added, “Proclaim is representative of the depth of experience to be found in our global partnerships, being strategically positioned to respond locally to our clients’ requirements. We are pleased to have representation in a fast-growing geographical region with technical and complex claims capability also extending to cyber risks.”

Adjusteck is a technology-oriented loss adjusting and claims management firm, serving the global insurance and reinsurance markets with services backed by industry experts.

Alongside deep subject-matter expertise, Adjusteck applies cutting-edge technology solutions, including geospatial and aerial surveys, virtual claims handling, and advanced claims management software to resolve claims with greater efficiency.

The company’s services include remote and field-based claims review and oversight in Casualty, Construction, Energy, Engineering, Cyber, Financial, Natural Resources, Property, and Specie.

To learn more about Adjusteck, visit adjusteck.com.

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How To Handle Your Car Insurance After A DUI- New Guide


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“Although drivers with a DUI conviction can face harsh penalties like hefty fines and jail time, they should resume their normal lives after a DUI conviction and try to overcome this situation”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Drunk driving is one of the leading causes of the high number of fatalities that happen on the roads of the US. Drivers caught driving while they are drunk will have to face severe penalties. However, drivers can resume their normal lives after a DUI conviction and they will not have to face dire consequences, especially if it was their first conviction.

Drivers that were caught drunk driving can expect the following consequences:


  • Penalties. Depending on the state where the drunk driver was caught, the penalties he can face varies. The most common penalties are the suspension of the driver’s license, fines, vehicle impoundment, jail time, community service, or an order to participate in alcohol-abuse programs
  • DMV surcharge. In some states, drivers that have accumulated enough points for traffic violations will be required to pay a surcharge in order to keep their driving license.
  • Ignition interlock device. In several states, the judges can order for an ignition interlock device to be installed in the cars of multiple offenders. This device works like a breathalyzer and will not allow drunk drivers to start their vehicles.
  • SRr-22. In many states, drivers that were caught drunk driving will be required to carry an SR-22 form that will prove the driver has car insurance. Not all insurance companies offer the SR-22 form.
  • Drunk drivers can have their premiums increased or they can be dropped by their insurers. If an insurer drops a convicted drunk driver, then his chances to find other standard insurance providers are low. They should look for non-standard carriers that are specialized in dealing with high-risk drivers.

For additional info, money-saving tips, and free car insurance quotes, visit http://compare-autoinsurance.org

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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AssuredPartners Announces Acquisition of Marquis Transportation


AssuredPartners logo

AssuredPartners logo

“We are delighted to add this talented team to our existing operations and pleased to have such great representation in the New Jersey marketplace,” said AssuredPartners CEO, Tom Riley.

AssuredPartners, Inc. is proud to announce Marquis Transportation of Woodbridge, NJ has joined AssuredPartners. The team of three will remain under the leadership of Marquis President, Michael Edwards. The agency currently reports $1.1 million in annualized revenues.

“We are pleased to announce the sale of the Marquis Transportation Retail Division to AssuredPartners, the 11th largest insurance broker in the United States. This transaction presents an exciting opportunity for the Marquis Transportation team to advance their careers and serve their growing client base as part of the AssuredPartners Transportation division,” said Richard Augustyn, CEO of NIP Group.

AssuredPartners Regional President, Brian Bair stated, “Marquis Transportation is continuously challenging the commercial trucking market and we are excited to add their team of experts to AssuredPartners.”

“We would like to welcome the employees and clients of our new partner, Marquis Transportation,” said AssuredPartners CEO, Tom Riley. “We are delighted to add this talented team to our existing operations and pleased to have such great representation in the New Jersey marketplace.”

ABOUT ASSUREDPARTNERS, INC

Headquartered in Lake Mary, Florida and founded by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in England. From its founding in March of 2011, AssuredPartners has grown to over $1.6 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 190 offices in 34 states in addition to London and Belgium. For more information, please contact Jamie Reinert, Director of Marketing and Communications, at 513-624-1779 or jamie.reinert@assuredpartners.com, or visit http://www.assuredpartners.com.

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Digital.com Announces Best Insurance Agency Software Company of 2021


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Digital.com, a leading independent review website for small business online tools, products, and services, has announced the best insurance agency software of 2021. The platforms were evaluated based on policy management features, reporting tools, and integration capabilities.

Experts at Digital.com assessed systems that use automated, integrated processes to manage claims, billing, and commission. Each software solution was required to support integrations with accounting, sales, workflow facilitation, and other essential tools for agencies. Additional qualifications include reporting functions that help agencies gain insight on the performance of individual policies, pinpoint risk regions, and assess financial status.

“These solutions allow insurance agencies to manage all major functions on one platform,” says Christelle Feniza, Communications Manager of Digital.com. “Our software guide was developed to help professionals make informed decisions when choosing a product.”

Digital.com’s research team conducted a 40-hour assessment of over 40 solutions. To access the complete list of best insurance agency software, please visit https://digital.com/insurance-agency-software/.

Best Insurance Agency Software of 2021

ABOUT DIGITAL.COM

Digital.com reviews and compares the best products, services, and software for running or growing a small business website or online shop. The platform collects twitter comments and uses sentiment analysis to score companies and their products. Digital.com was founded in 2015 and formerly known as Review Squirrel. To learn more, visit https://digital.com/.

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Comparing Car Insurance Quotes Online Offers Drivers Several Important Advantages


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“Online quotes will help you save time and find better deals”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has launched a new blog post that explains what advantages are gained by using free online car insurance quotes.

For more info and free quotes, visit https://compare-autoinsurance.org/top-advantages-drivers-get-by-comparing-online-quotes/

Online users benefit from the following advantages when using brokerage websites or insurers’ official websites to obtain car insurance quotes:

  • Get estimates anytime and anywhere. Drivers can research the insurance market to find a better car policy from the comfort of their homes. They no longer have to travel in bad weather from one physical insurance agency to another. Physical agencies have fixed schedules, while online quotes can be obtained at any hour of day or night.
  • Get estimates really fast. The number of persons that are willing to spend time going from one insurance agency to another is getting smaller each year. Phone quotes are also a thing of the past. Online quotes take only a few minutes to complete and can save precious time that can be used for other purposes.
  • Find better insurance rates. Typically, drivers find deals that are 5 – 10% lower than their current policy. In that way, a driver can expect to save hundreds of dollars each year. Regional or local insurers are known to offer better deals to get new customers. The only way, most drivers know about these smaller insurers is by comparing online quotes.
  • Accurate data. Brokerage websites and insurance companies, provide accurate online quotes to their customers, so the online estimate of an insurance policy doesn’t differ that much from the real price of the same insurance policy. Of course, the user has to provide accurate data too, when he requests an online quote.
  • Compare multiple companies. With the help of online quotes, drivers can compare numerous insurers that compete with each other. Online quotes will help drivers find deals from less-known insurers.

For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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