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Abry Partners invest in Oracle RMS

Oracle Insurance Risk Management Services Inc., a commercial and personal lines insurance broker, has finalised a strategic investment from Boston-based private equity firm Abry Partners. This collaboration is a significant milestone for Ontario-domiciled independent broker, Oracle RMS, to enter its next phase of growth. According...

Huntsville has some of the best drivers in the nation, study shows

Huntsville roads are safer than they were 10 years ago. The average time between car accidents for Huntsville drivers increased from 11.7 to 12 years between 2015 and 2025, according to insurance provider Allstate. That’s among the 12 safest large cities in the...

Insurance Stocks To Add to Your Watchlist – July 5th – Insurance News

Tesla, UnitedHealth Group, and Berkshire Hathaway are the three Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are shares of publicly traded companies whose primary business is underwriting insurance policies and managing related risks. Investors in these stocks...

Cyber-attacks and data loss top D&O risk list, says Willis survey

Data loss and cyber-attacks have been identified as two of the top three risks to directors and officers, according to the latest Cyber Directors’ and Officers’ Survey Report by Willis. The survey gathered responses from a range of sectors, including the services sector...

Singapore fines nine banks including UBS and Citi in $1.6bn laundering case; HSBC sells UK life insurance business

Today’s need-to-know storiesSingapore fines nine banks including UBS and Citi in $1.6bn laundering caseSingapore has imposed a total of S$27.45mn ($21.5mn) in penalties on nine financial institutions, including UBS, Citi and Julius Baer, for breaches linked to a S$2bn money-laundering case that has...