Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Aspen Specialty Settles With Condo in $11M Nashville Bombing Coverage Dispute
Apr 30 2025 // Aspen Specialty Insurance Co. has reached a settlement with the owners of a Nashville condominium building that was badly damaged in the Christmas Day bombing in 2020. The terms of the settlement were not disclosed. Both...
AIG: Turning One Human Underwriter Into Five, ‘Turbocharging’ E&S
Apr 30 2025 // Some property/casualty insurers talk about experimenting with artificial intelligence to automate call center responses and back-office operations. But that’s not the road to turbocharging growth that AIG CEO Peter...
Increased Writings in Homeowners Adds to US Surplus Lines Growth
Apr 29 2025 // Increasing movement of homeowners insurance risk to the U.S. surplus lines market has continued to contribute to growth for nonadmitted insurers. According to a report from AM Best, surplus homeowners direct premiums...
Navigating Change in the Excess & Surplus Contract Binding Market
Apr 28 2025 // This post is part of a series sponsored by IAT Insurance Group. In the latest episode of What’s Brewing, Ben McDonald, Vice President of Underwriting for IAT’s Excess & Surplus Contract Binding Division,...
People Moves: Ryan Specialty Appoints Kelleher President of SUITELIFE Underwriting Managers
Apr 24 2025 // Chris Kelleher Ryan Specialty, headquartered in Chicago, Illinois, appointed Chris Kelleher president of SUITELIFE Underwriting Managers effective June 30. The hotel and resort industry-focused managing general underwriter...
Tech Update: Lloyd’s Backs BreachBits; ZoJacks Prevents Water Claims; Eagleview Expands Drone Options
Apr 24 2025 // Washington, D.C.-based BreachBits has received an investment of an undisclosed amount from Lloyd’s in what is the London-based global insurance marketplace’s third strategic innovation investment from among...
Viewpoint: What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr 24 2025 // Steel prices have been anything but steady in recent years. With renewed discussions around tariffs and trade restrictions, another wave of volatility may be on the horizon. While much attention is paid to how rising...
Markel Insurance Restructures Markel Specialty, Appoints Leaders
Apr 23 2025 // Markel Insurance announced that its U.S. and Bermuda operations, previously known as Markel Specialty, are being divided into two business divisions: US Wholesale and Specialty, and Programs and Solutions. The changes...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs Say
Apr 21 2025 // Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive...
People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany
Apr 17 2025 // Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East Specialty MGA Africa & Middle East, part of MNK Group and a sister company of Specialty MGA UK, announced the appointment of two new senior...
Lloyd’s Broker Charged Over Alleged Ecuador Bribes
Apr 17 2025 // UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance contracts in Ecuador. The Serious Fraud Office accused United Insurance Brokers...
US Excess & Surplus Lines Boost London Market Re/Insurers’ Topline Growth
Apr 16 2025 // The U.S. excess and surplus (E&S) lines market continues to offer profitable growth opportunities for insurers and reinsurers in the London market – which could help counteract some possible headwinds, according to a...
People Moves: Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie, Europe; Berkshire Hathaway Specialty Insurance Promotes Gormley and Reddin in Ireland
Apr 11 2025 // Arch Insurance Taps Seip From LSM as Head of Fine Art & Specie for Europe Arch Insurance announced the appointment of Paul Seip as head of Fine Art & Specie, European Markets, with immediate effect. Seip joins Arch...
Novatae Risk Buys Up Ajax Specialty Insurance in Atlanta
Apr 11 2025 // Dallas-based Novatae Risk Management, part of World Insurance Associates, has purchased Ajax Specialty Insurance, a wholesaler based in Atlanta. Andy Bierbaum is the owner of Ajax. He founded the company in 2012 and in...
Market/Coverages: Marsh Offers Bermuda Cyber Excess Facility With $30M of Capacity
Apr 10 2025 // Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of CyberShore Bermuda, an exclusive, excess cyber insurance facility that provides Marsh clients with enhanced protection and a streamlined...
Vivere Partners in California Raises $7.5M for Specialty Insurance Platform
Apr 3 2025 // Vivere Partners, a specialty insurance platform focused on niche lines of insurance, completed a $7.5 million Series A funding round led by General Catalyst, Pathlight Ventures and Greenlight Re. The funding is intended to...
Excess & Surplus Insurer Ategrity Files for IPO
Mar 27 2025 // New York-based Ategrity Specialty Insurance Co., a national specialty property/casualty insurer focused on the excess and surplus (E&S) lines market, has filed with the Securities and Exchange Commission (SEC) for an...
How Cincinnati Insurance Does E&S
Mar 26 2025 // The Cincinnati Insurance Companies have grown business for 75 years through relationships with a carefully selected set of regional independent agents—and business in the surplus lines segment is no exception, executives...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs
Mar 25 2025 // The Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive...
Fidelis Partnership Launches International Casualty MGA, Writing Primary, Excess Cover
Mar 24 2025 // Pine Walk Capital Ltd., the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), announced the launch of an international casualty MGA called Sevanta Specialty Liability Ltd. Sevanta will...
