Insurance

World Insurance Associates Acquires Novak Agency Insurors of Florida

World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced today that it acquired Novak Agency Insurors of Largo, Florida, on June 1, 2020. Terms of the transaction were not disclosed.

Novak Agency Insurors will be managed out of WIA’s Saint Petersburg office by Gregory D. Leifer, CLU, Principal of World Insurance Associates.

“I look forward to expanding our expertise and reach in Florida and providing Novak Agency clients with additional resources, services, and markets,” said Greg Leifer.

Rich Eknoian, CEO and Co-Founder of World Insurance Associates LLC, stated, “Novak Agency specializes in commercial insurance, which is a nice complement to our focus on personal lines in Florida with the West Coast Group and Dan Woron Agency acquisitions.”

Giordano, Halleran & Ciesla provided legal counsel to WIA, and legal counsel for Novak Agency Insurers was not disclosed. Scali Group advised WIA on the transaction.

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Car Insurance expired in Lockdown? Know how you can renew car insurance online

The pandemic has seen a significant change in people’s attitudes. They are purchasing less and caring more. Cars are no different. Fitch, an international rating agency has forecasted a decline of 20% in the automobile demand, for this fiscal year*.

However, with the lockdowns lifting and life resuming in the middle of the pandemic, we need to be even more vigilant when it comes to car protection. Whether you are working from home or have now resumed being physically present at work, you will need your car to commute, and if you are commuting, you need to ensure your vehicle has a car insurance cover. But what if your car insurance has expired?

In that case, you need an effortless and easy way to renew your car insurance online.

What happens if you do not renew your car insurance?

Before we delve into how easy online car insurance renewal is,

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World Insurance Associates Expands to South Carolina with Acquisition of Professional Insurance Consulting, Inc.

TINTON FALLS, N.J.–(BUSINESS WIRE)–World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced today that it acquired Professional Insurance Consulting, Inc. (PICI), of Fort Mill, South Carolina, on July 1, 2020. Terms of the transaction were not disclosed.

Diane Woods, Owner and President of Professional Insurance Consulting, Inc., founded the independent property-casualty insurance agency in 2005. PICI is commercial lines focused, specializing in pizza shops, non-profit organizations, and the automatic sprinkler industry. The agency prides itself on its ability to provide value-added customer service that meets the unique needs of its personal and commercial lines clients. As a true testament to this, the majority of PICI’s business comes from direct referrals from clients.

“We are excited to expand our presence in South Carolina,” said Rich Eknoian, CEO and Co-Founder of World Insurance Associates LLC. “Professional Insurance Consulting is an excellent addition to the World team.”

Diane Woods,

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Insurance Compliance Software Market to See Huge Growth by 2025: Xanatek, AgencyZoom, Fiserv, Oracle

Edison, NJ — (SBWIRE) — 08/26/2020 — Insurance compliance software is designed to assist insurance providers to meet complicated regulatory guidelines which differ on both the state and national levels. The policy providers should meet the regulations of each state. This software help insurance agencies address to meet compliance challenges, streamlining the process of maintaining compliance. The major benefits of insurance compliance software are consolidating compliance activities, ensures timely and accurate reporting, navigates multi-state filings, monitors compliance activity.

AMA Research published a new research publication on “Global Insurance Compliance Software Market Insights, to 2025” with 150+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Insurance Compliance Software market was mainly driven by the increasing R&D spending across the world, however latest COVID scenario and economic

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Sri Lanka- Allianz Lanka Strengthens Life Insurance Business

(MENAFN – Colombo Gazette) Announces Senior Management Appointments

The board of directors of Allianz Life Insurance Lanka Limited announced the appointment of Jayalal Hewawasam as the Chief Executive Officer (CEO) with effect from 20th August 2020. The move is part of Allianz Lanka’s efforts to further strengthen its Life Insurance business to drive market expansion and business growth.

Counting over two decades of experience in strategic leadership and sales management across various sectors, Jayalal holds an MBA from the Postgraduate Institute of Management (PIM) of the University of Sri Jayewardenepura. He is a Fellow Member of the Chartered Insurance Institute, UK (FCII) and a Chartered Insurer. He is also a Fellow Member of the Chartered Institute of Marketing, UK (FCIM) and a Chartered Marketer.

Coming at a crucial juncture, Jayalal will go a long way in strengthening Allianz Life Insurance Lanka Limited’s ongoing efforts to remodel its Agency channel in

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World Insurance Associates Acquires Virginia’s Lindberg & Associates

World Insurance Associates LLC (WIA), acquired Lindberg & Associates of Poquoson, Va., on July 1, 2020. Terms of the transaction were not disclosed.

Founded in 2011, Lindberg & Associates is an independent insurance agency that provides all forms of property and casualty insurance and employee benefits programs. The insurance professionals at Lindberg & Associates have expertise in petroleum Insurance, trade and artesian contractors, equipment dealers, specialty contractors, hotels, motels and property management.

WIA is headquartered in Tinton Falls, N.J., and is a full-service insurance brokerage providing asset and lifestyle protection with risk management, insurance and benefit consulting services for individuals and businesses. Since its founding in 2012, WIA has completed 70 acquisitions.

Giordano, Halleran & Ciesla provided legal counsel to WIA. Legal counsel for Lindberg & Associates Insurance was not disclosed.

Source: World Insurance Associates LLC

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The National Alliance for Insurance Education & Research Releases Insuring Healthcare Providers Course

AUSTIN, Texas, Aug. 24, 2020 /PRNewswire/ — The National Alliance for Insurance Education & Research released a new 16-hour online course titled Insuring Healthcare Providers. The course takes place via live instructor-led webinars on September 14-23. Registration is now open.

Part of their specialty education PROFocus courses, this advanced course is designed for risk managers, producers, agency owners, and company personnel who are responsible for protecting the property and casualty loss exposures that medical professionals, hospitals, clinics, and/or long-term care facilities face.

The unique risk management areas, liability and property coverage, and special underwriting problems found in the healthcare industry make this course particularly valuable for all those involved in handling the risk management and property/casualty insurance issues of this segment.

The course will include discussion and examination of Insuring Healthcare Risks, Insuring Hospitals, Medical Malpractice and Insuring Healthcare Professionals and Organizations, and Evolving Risk Management Strategies &

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InsuraGuest Signs Swarts, Manning & Associates Insurance Agency

VANCOUVER, British Columbia, Aug. 19, 2020 (GLOBE NEWSWIRE) — via NetworkWire — InsuraGuest Technologies, Inc. (TSX.V: ISGI) (the “Company”), under its wholly owned U.S. subsidiary InsuraGuest Insurance Agency, LLC (the “Agency”), has signed Swarts, Manning & Associates (“SMA”) for its agency/broker program, which focuses on agencies and brokers that write general liability polices specifically for hotels.

InsuraGuest will utilize SMA’s brokers and business network in Utah, Nevada and California to access SMA’s hotel clients and integrate InsuraGuest’s insurtech software platform to deliver its hospitality liability coverages. 

“Our focus has always been on risk management and improving the risk profile of our hospitality clients,” states Mark Swarts, founder and president of Swarts, Manning & Associates. “Adding InsuraGuest’s products to our partner list will help us reduce their hotel clients’ risk ratios and claim ratios while potentially lowering their GL premiums.”   

InsuraGuest insurance coverage, which is purchased by a property, automatically delivers

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World Insurance Associates Acquires Lindberg & Associates Insurance of Virginia

World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced today that it acquired Lindberg & Associates of Poquoson, Virginia, on July 1, 2020. Terms of the transaction were not disclosed.

Founded in 2011, Lindberg & Associates is an independent insurance agency that provides all forms of property and casualty insurance and employee benefits programs. The insurance professionals at Lindberg & associates have more than 50 years’ experience and expertise in Petroleum Insurance, Trade and Artesian Contractors, Equipment Dealers, Specialty Contractors, Hotels, Motels, and Property Management.

“Our founding principle has always been to treat every customer as you would like to be treated. This ideology has allowed us to maintain great client and carrier relationships throughout the years,” states Jim Lindberg, who joins WIA as Manager of the Lindberg & Associates Insurance unit. “We are excited to continue and expand upon these relationships as part of the World Insurance

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Growing Regional Independent Insurance Agency Reduces Risk and Shifts to Operate from Anywhere with 8×8 Cloud Communications

8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform, today announced that Correll Insurance Group has deployed the 8×8 Open Communications PlatformTM to allow local independent agents to operate from anywhere, and continue serving individual and business clients for all their insurance needs.” data-reactid=”20″8×8, Inc. (NYSE: EGHT), a leading integrated cloud communications platform, today announced that Correll Insurance Group has deployed the 8×8 Open Communications PlatformTM to allow local independent agents to operate from anywhere, and continue serving individual and business clients for all their insurance needs.

Founded in 1931 and headquartered in Spartanburg, South Carolina, Correll Insurance Group has grown to become one of the largest independent insurance agencies in the Carolinas. With

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