The Farmers Exchanges and Farmers Group, Inc. (FGI) announced they will jointly acquire MetLife’s property and casualty insurance business. Zurich confirmed in November that its Farmers’ subsidiary was in negotiations with MetLife. Completion of the transaction is subject to regulatory approvals and is anticipated to occur in the second quarter of 2021. As part of […]
Farmers Group in Talks to Acquire MetLife’s U.S. Property-Casualty Business
Zurich confirms reports its U.S. subsidiary is exploring acquisition of 16th largest auto insurer in the U.S. Zurich Insurance Group announced its U.S.-based subsidiary Farmers Group, Inc. is in talks with Metlife over a possible acquisition of MetLife’s U.S. property and casualty insurance business. The announcement came after reports regarding a potential transaction with MetLife […]
Zurich North America Partners with Snapsheet on Virtual Appraisal Solution
Zurich North America has incorporated the use of a virtual appraisal solution into its auto claims process, allowing customers to more quickly resolve auto physical damage claims. Chicago-based Snapsheet is providing the technology behind this innovative new approach to claims. “Building and maintaining strong relationships with innovation partners, like Snapsheet, help us enhance our service […]
Snapsheet and Zurich Insurance Group Announce Global Collaboration Agreement
Snapsheet, the provider of virtual claims technology, today announced a new strategic agreement with Zurich Insurance Group. The collaboration marks a global expansion for Snapsheet. Under the agreement, Snapsheet services will be available to Zurich customers in Ireland first, with plans to expand to additional countries across Zurich’s operations in Europe, Latin America and Asia […]
Innovation Group Acquires TCS Claims in UK
The Innovation Group (IG) announced that its UK business is acquiring TCS Claims (TCS) from Endsleigh Insurance Services Ltd, and starting a strategic relationship with Endsleigh for the provision of claims handling services. TCS was established by Endsleigh in 1999. The business provides a full-service claims handling capability to a number of insurers, brokers, MGAs […]