Aventum is investing $12 million over two years to create an in-house proprietary tech function across its operations globally. The group now has 25% of its global workforce employed in tech & IT functions, including a ring-fenced Innovation Lab dedicated to fail fast innovation.
Trucordia has acquired the insurance business of CADA Insurance Services, which has multiple offices in Louisiana, including Baton Rouge, Chalmette, Gretna and Kenner.
Stephen M. Boyd, president of Bridge Specialty Group, and Mark Berven, president and chief operating officer of Nationwide Property & Casualty, partnered for BSG to acquire NBS Insurance Agency, Inc. The agreement only included NBS Insurance Agency, Inc. and no other Nationwide affiliated companies. The transaction is expected to close in March, subject to certain closing conditions.
GAF and the Insurance Institute for Business & Home Safety, a nonprofit scientific research and communications organization, partnered to make resilient FORTIFIED roofs more accessible to homeowners across the country. GAF provides a variety of roofing products that comply with IBHS’s FORTIFIED Roof standards and is deploying critical training expertise and capabilities to help contractors identify those products and learn about FORTIFIED installation methods that help homes withstand weather events.
American Association of Insurance Services is excited to welcome Inforce to the AAIS Partner Program. Inforce sets itself apart as more than a typical systems integration and technology consulting firm. Describing themselves as “the cavalry,” they’re often called in to take on the most challenging missions, working as the frontline firepower to ensure clients reach their IT destination. Renowned for seamlessly assimilating into client operations, the team at Inforce brings a shared vision, a can-do attitude and will-do dedication.
Miller has acquired AHJ Holdings Ltd, the ultimate parent company of Alwen Hough Johnson Ltd and AHJ Europe AS. The acquisition is expected to close in Q2, subject to normal approvals.
Ryan Specialty Underwriting Managers launched Celerity Risk, a newly re-branded business unit resulting from its acquisition of Innovisk Capital Partners in November. This strategic union joined CorRisk Solutions, the U.S. wholesale division of Ryan Financial Lines, with Celerity Pro, previously part of Innovisk, forming a substantial offering in the financial professional liability space that will be exclusively accessible through wholesale brokers nationwide.
Applied Systems and Applied Client Network announced the opening of registration for Applied Net 2025. Applied Net will take place October 6 – 9 at the Aria Resort & Casino in Las Vegas. Building on its recognition from the Best in Biz 2024 Awards and IMCA 2024 Showcase Awards, plus the success and record-breaking attendance at last year’s event, Applied Net 2025 is set to provide even more educational sessions, inspiring keynotes and networking opportunities that will explore the Intelligent Insurance Era.
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