Cigna Corporation has acquired Zurich Insurance Middle East. Terms of the acquisition were not disclosed.
Insurance data, analytics and telematics provider LexisNexis Risk Solutions has partnered with vehicle tracking systems provider Modus to provide insurers more options in after-market solutions to gather data and apply advanced analytics in developing and managing their UBI programs. Through this alliance, Modus is joining the LexisNexis Telematics Exchange.
The Institutes has formed RiskBlock, a blockchain consortium for the risk management and insurance industries. For more information about blockchain technology and to receive updates on The Institutes RiskBlock Alliance, visit TheInstitutes.org/Blockchain.
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