Business Moves
Nationwide
Ohio-based Nationwide Mutual Insurance Co. will align its products and services under its most recognizable brand, Nationwide.
The company, which operates under multiple brand names – including, but not limited to Nationwide Insurance, Allied Insurance, Harleysville Insurance, Nationwide Financial, Scottsdale Insurance, Crestbrook Insurance and Veterinary Pet Insurance – is moving to a one-brand approach to more effectively leverage its diverse product portfolio, financial stability and business relationships.
To highlight the shift to one Nationwide brand, the company is introducing an updated version of the Nationwide N and Eagle brand mark that harkens back to the company’s heritage and the famous 50-year-old tag line, “Nationwide is on your side.”
Nationwide will transition to the new brand look over the next 18 months.
Ventiv Technology
Aon eSolutions’ leadership team has changed its name to Ventiv Technology, following Aon plc’s sale of the company to Symphony Technology Group.
As a cloud-based risk management information systems provider, Ventiv delivers risk management, claims administration, auditing and safety management systems.
Privately-held, Chicago-based Ventiv Technology will maintain close relations with Aon as the parties have entered into a multi-year distribution agreement through which Aon will exclusively resell Ventiv’s iVOS (insurance processing software platform) and RiskConsole (risk management information system) solutions.
AIG
American International Group Inc. (AIG) has expanded in Olathe, Kan., which will bring 300 new jobs to the state by the end of 2015.
AIG’s expanded facility at 17300 West 119th Street will provide claims and policy servicing operations worldwide. The company currently employs more than 600 workers at its offices in Olathe.
Geico
Geico, a member of the Berkshire Hathaway family of companies, is hiring auto damage adjusters in Seattle.
Interested candidates should apply through the company’s auto damage careers page.
SCM Insurance Services, Granite Divisions
SCM Insurance Services has acquired the property/casualty businesses of Granite Global Solutions.
The businesses being acquired are known by the following names: Granite Claims Solutions, a national adjusting firm; Granite Health Solutions, a provider of medical assessments and health services; CKR Global, a national provider of risk mitigation and investigation services; and Rochon Engineering, a forensic engineering and environmental consulting company.
The claims, health and investigations businesses will be added to the corresponding business units in SCM Insurance Services: ClaimsPro, Cira Medical Services and Forensic Investigations Canada (FIC). Rochon Engineering will continue as a standalone company.
Tenco Services
Tenco Services Inc. has created a new subsidiary, Tenco Marine and Transportation Services (TMTS), specializing in inland marine surveys, truck liability claims and motor truck cargo claims.
Adjusters may send assignments via email to claims@tencomts.com.
Athens Administrators
Calif.-based Athens Administrators, a full-service, third-party claims administration services provider since 1976, is expanding into Texas and appointing Vance A. Root as executive vice president, in charge of driving expansion and operational efforts in the southern United States.
Athens’ move to the Texas market maintains its national growth strategy.
Root will lead the company’s new business development and expansion initiatives into Texas and surrounding states, as well as provide management and oversight of Athens Administrators’ liability claims unit.
Coverys, PPIC
Boston-based Medical Professional Mutual Insurance Co. (ProMutual), a Coverys company, has finalized the acquisition of Preferred Professional Insurance Co. (PPIC) in Omaha, Neb.
PPIC was formerly owned by 18 Catholic healthcare systems, seven of which are in the top 25 largest nonprofit hospital systems in the United States.
Through the acquisition of PPIC, Coverys will expand its presence as a leading medical professional liability insurer.
Coverys is the eighth largest medical professional liability insurance provider in the country based on direct written premium. Its member companies insure medical providers in 27 states.