CRS is a primary crop insurance general agent based in Decatur, Illinois.
The company ended 2022 with a net income of $7.1 million, compared to a net loss of $16.6 million in 2021.
The company now directly underwrites its property - technical risks through its own insurance companies.
The transaction is expected to close in Q3 2023.
The terms of the transaction have not been disclosed.
Credit One Bank will be introducing a full-service insurance agency.
MetLife announced the launch of Will Preparation & Digital Estate Planning and Estate Resolution.
The new division will help insurers expand underwriting capacity while managing risk exposure to ensure long-term viability and sustainable policyholder service.
The money will be used for M&A, new initiatives and bringing on new talent.
The fund received over $1 billion in aggregate capital commitments.
The partnership with CAS brings connected-car data from Toyota and Lexus vehicles to the Arity platform.
The merger remains subject to other customary closing conditions.
Aviva has signed a multi-year contract licensing CyberCube’s platforms.
PolicyBound is an insurance platform designed to fuel agency growth.
Platform offers cyber threat exposure analysis.