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News
Aon Nears $17 Billion Acquisition in Insurance Brokerage Push
6+ hour, 42+ min ago (598+ words) Aon is approaching an agreement to acquire insurance brokerage USI Insurance in a transaction valued at roughly $17 billion including debt, a move that would further expand the global broker’s presence among midsize corporate clients. The potential transaction could be announced…...
Connected Vendor Networks Modernize Insurance Claim Payouts
2+ week, 5+ day ago (706+ words) Vendor networks let insurers reuse validated payment instructions instead of rebuilding the same vendor relationships claim by claim. The policyholder experience depends on payments to repair shops, contractors, medical providers and lienholders moving without avoidable delay. AI could help networks…...
HSBC Considers Selling Singapore Insurance Unit While Sharpening Focus on Key Businesses
7+ mon, 2+ week ago (397+ words) HSBC is reportedly considering selling its insurance business in Singapore, which could be valued at over $1 billion. Some other insurance and investment companies have shown interest in HSBC Life (Singapore), but the review is in its early stages, and no…...