Program Business News

New Norman-Spencer Insurance Program Targets Delayed Real Estate Closings

Norman-Spencer Agency, based in Dayton, Ohio, is now offering an insurance program that provides expense coverage due to closing delays for home buyers — Insure My Closing. The new program is backed by an A++ rated carrier and is available …

Trident Marine, Signal Mutual Team Up on Waterfront Workers’ Comp in Texas, Louisiana

Trident Marine Managers (TMM), a specialty marine and offshore energy company and a part of Ryan Specialty Group (RSG), is partnering with Signal Mutual on a workers’ compensation program for waterfront employers based in Texas and Louisiana. Signal Mutual a …

Axon Underwriting Forms Axon Re to Offer Cargo, Stock Throughput Reinsurance in Latin America

Axon Underwriting Services LLC, the Somerville, N.J.-based specialty lines program administrator, announced the formation of Axon Re to offer its cargo and stock throughput reinsurance program within the Latin American region. Axon Re will provide facultative and treaty reinsurance cover …

Ironshore Names Hartley U.S. Program Business Leader; Appoints Sharis Director

Ironshore Specialty Casualty has announced executive appointments to oversee the Programs business unit in the U.S. Casey Hartley has been named senior vice president, head of Programs. Hartley will oversee the development, marketing and distribution of programs lines, working with …

Nationwide Acquires Liability Insurance Program Manager E-Risk Services

Insurer Nationwide has acquired E-Risk Services, a privately-held, program manager specializing in management lines. Terms of the purchase agreement between were not disclosed. The transaction closed on January 1, 2019. E-Risk Services, located in Flanders, N.J., operates as an underwriting …

AIG Finalizes Acquisition of Program Manager Glatfelter Insurance

American International Group said it has completed the acquisition of insurance program manager Glatfelter Insurance Group, a deal announced in September. The addition is a key element in AIG’s strategy to reposition its General Insurance business and return to profitability. …

AIG to Acquire Program Manager Glatfelter Insurance Group

American International Group has agreed to acquire Glatfelter Insurance Group, a prominent specialty insurance broker and program manager headquartered in York, Pennsylvania. The terms of the transaction were not disclosed. It is expected to close in the fourth quarter of …

Argo Names Duncan to Lead U.S. Specialty Programs

Specialty insurer Argo Group has appointed Marsh Duncan to serve as senior vice president U.S. Specialty Programs, effective immediately. In this role, Duncan will lead the company’s strategy to offer customized insurance products and services through specialized program administrators. Duncan …

Zurich North America Names Cittadino as Leader in Programs Unit of Alternative Markets

Zurich North America has named Eric Cittadino as leader for Diversified Programs, Specialty Auto and Aftermarket within the Programs unit of Alternative Markets. He replaces David Banks who has decided to retire at the end of the year. Currently the …

Texas’ Hotchkiss Insurance Programs Rebrands as Catapult Insurance Solutions

Dallas-based Hotchkiss Insurance Programs, a privately held managing general insurance agency, is changing its name to Catapult Insurance Solutions. The name change reflects the organization’s expertise in launching programs. In recent years, the company’s brand and presence has evolved to …