Lockton launches Professional and Executive Risk, transforming its global financial lines business

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KANSAS CITY, Mo., March 31, 2025 /PRNewswire/ -- Lockton, the world's largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk. This strategic integration brings together the expertise of more than 750 talented Associates worldwide into a single platform...

Manulife and UpLink, a World Economic Forum Initiative, Launch the 'Innovating for Asia's Demographic Future Challenge'

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This challenge is the second of three in a multiyear partnership to help shape the future of longevity innovation HONG KONG, March 27, 2025 /PRNewswire/ -- Manulife launched the 'Innovating for Asia's Demographic Future Challenge' through UpLink, the World Economic Forum's early-stage innovation initiative to tackle the world's biggest challenges. Together, Manulife, UpLink and the Forum's Centre for Financial...

Canara HSBC Life Insurance Partners with GIC Housing Finance to Strengthen Financial Security for Home Loan Borrowers

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Strategic alliance to offer credit life insurance, to provide financial protection for home loan customers MUMBAI, India, March 18, 2025 /PRNewswire/ -- Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance") has entered a strategic distribution partnership with GIC Housing Finance Limited ("GICHF") to provide enhanced financial security solutions to GICHF's home loan customers. Through this partnership, Canara HSBC Life...

Manulife Names Steve Finch Asia President and CEO

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TSX/NYSE/PSE: MFC SEHK: 945 Former Chief Actuary to Succeed Phil Witherington Effective May 9th TORONTO and HONG KONG , March 18, 2025 /PRNewswire/ -- Manulife announced that Steve Finch has been appointed President and CEO of Manulife Asia, effective May 9th. Mr. Finch succeeds Phil Witherington who has been appointed Manulife's President and CEO, also effective May 9th. Mr. Finch currently serves as Manulife's Chief Actuary...

Markel Group appoints Simon Wilson as Chief Executive Officer of Markel Insurance

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RICHMOND, Va., March 17, 2025 /PRNewswire/ -- Markel Group Inc. (NYSE: MKL) announced today that Simon Wilson, currently President of Markel International, has been appointed Chief Executive Officer of the company's three primary underwriting businesses—Markel Specialty, Markel International, and Markel Global Reinsurance—which will collectively be referred to as Markel Insurance. This leadership transition is part of a broader...

Star Health Insurance Launches 'SheTARA' to Champion Women's Health on International Women's Day

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Health camps across 40+ locations in Tamil Nadu offering screenings and consultationsFocus on early detection, awareness, and accessible healthcare for all womenSpecial webinar on women's health and well-being in a changing worldReinforcing healthcare as a fundamental right and driving long-term impactEncourages Women to join the Star Health Insurance Network as AdvisorsCHENNAI, India, March 7, 2025 /PRNewswire/ -- Star Health...

GenAI Capabilities rolled out to 100% of Manulife's Workforce with 75% Engagement Rate

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 C$ unless otherwise stated                                      TSX/NYSE/PSE: MFC     SEHK: 945  Manulife's digital capabilities, including AI-enabled enhancements, are expected to generate a threefold return on investment over five years through 2027 TORONTO, March 6, 2025 /PRNewswire/ -- Manulife announced today that over 75 percent of its global workforce are engaged with GenAI through learning, immersive experiences and tools, including ChatMFC, its proprietary...

SBI Life Insurance expands product line with two new Child Insurance Plans; empowering parents to financially safeguard child's future

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Launches 'SBI Life - Smart Future Star' and 'SBI Life - Smart Platina Young Achiever', specifically curated to secure child's future aspirations by providing assured financial safeguards MUMBAI, India, March 6, 2025 /PRNewswire/ -- SBI Life Insurance, one of India's most trusted private life insurers, launched two new child products, 'SBI Life - Smart Future Star' and 'SBI Life - Smart...

DXC and ServiceNow to Drive AI-powered Innovation for the Insurance Industry

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 ServiceNow and DXC expand their strategic partnership to combine DXC's industry-leading software and expertise with ServiceNow's AI-enabled platform ASHBURN, Va. and SANTA CLARA, Calif., March 4, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced new offerings with ServiceNow (NYSE: NOW), the AI platform for business transformation, to modernize the insurance...

ACKO Offers Customised Health Insurance For Parents and Families

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BENGALURU, India , Feb. 27, 2025 /PRNewswire/ -- In 2050, there will be over 194 million target populations that are senior citizens aged 60 years and above in India, making up about 20.8% of the total population. The present and future generations of the elderly need proper care to ensure they enjoy good health. In April 2024, the IRDAI...