construction insurance News

Nationwide Names Travelers’ Stueber as Vice President of Construction

Linda Stueber has joined Nationwide as the new vice president of Construction for Standard Commercial, the insurer announced. Stueber has 25 years of experience in commercial lines— with the past 20 years focused specifically on construction. She has been with Travelers …

TMK Offers Construction Insurance in UK, Ireland via Online Broker Portal

Tokio Marine Kiln (TMK), the international specialist insurance business, has added construction to its One TMK broker portal. The tailor-made construction insurance product is underwritten through a fully automated process, TMK said, noting the platform provides an efficient way for …

Brokerslink Launches Global Construction Practice with 2 Appointments

Brokerslink announced the launch of an expanded Global Construction Practice with the appointments of Brian Schofield and Edouard Marron as co-practice leaders. They take up these roles with immediate effect. The new Global Construction Practice will provide risk management, technical, …

Chubb Taps Allied World’s Müller as Property & Technical Lines Director, Europe

Chubb has appointed Alf Müller to the role of Property and Technical Lines director for Continental Europe, as it continues to evolve its client offering in the property, power generation (powergen) and construction insurance markets. In his new role, Müller …

Brokers Assess Current Construction Insurance Market: Thumbs Up

Amid ups and downs, the construction market has nevertheless enjoyed steady growth over the past four years. Now construction insurance specialists believe the market is really heating up. The competition has carriers maintaining a market favorable to buyers, especially those …

London-Based Brit Opens Singapore Office, Operating via Lloyd’s Platform

Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform. Brit has received approval to begin underwriting from both Lloyd’s and the Monetary Authority of Singapore …

BHSI Enters Australia Construction Insurance Market; Appoints Team Execs

Berkshire Hathaway Specialty Insurance Company (BHSI) announced it is providing comprehensive insurance and services for the construction industry in Australia and named a team of executives to oversee key areas of its construction business. BHSI said it is offering construction …

Marsh Names Aon’s Marino to Head U.S. Construction Practice

Insurance broker Marsh said David Marino has joined the firm to lead its U.S. Construction Practice, Marino brings to Marsh 20 years of insurance and construction industry experience. He joins the firm from Aon, where he previously served as regional …

Hot Insurance Markets for 2015

This year’s “Hot Markets” report for property/casualty insurance agents and brokers includes some not-so-usual suspects along with tried-and-true markets enjoying growth. Insurance Journal examined industries experiencing recent change and expansion. Here are the top market sectors that promise opportunities for …

Mullis Newby Hurst Adds Reed as Account Executive

Texas-based Mullis Newby Hurst LP, which specializes in construction insurance and surety bonds in the Southwest, recently hired Doug Reed as an account executive. Previously Reed was director of business development for Chem Can Services LLC and a financial representative …