Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Specialty Program Group Acquires Miami-Based ANOVA Marine Insurance
Aug 1 2025 // Specialty Program Group, a specialty insurance brokerage and distribution firm headquartered in Chicago, has acquired Florida-based ANOVA Marine Insurance, a managing general agent and Lloyd’s coverholder. ANOVA, in...
South African Insurer Santam Gets ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
Jul 23 2025 // Santam, the Cape Town, South Africa-based property/casualty insurer, has been granted “in-principle” approval by Lloyd’s to launch a syndicate based in London, which will accelerate the group’s...
People Moves: W.R. Berkley Promotes Albert President of Vela Insurance; Fusion Specialty Names Underhill Head of Americas
Jul 22 2025 // W. R. Berkley Corporation, headquartered in Greenwich, Connecticut, named Shadi Albert as president of Vela Insurance Services. He succeeds Arthur G. Davis, who will assume the role of chairman of the business. The...
Credit Insurer Atradius Gets In-Principle Approval to Launch Lloyd’s Syndicate
Jul 21 2025 // Atradius, the Amsterdam-based global credit insurer, announced that Lloyd’s on July 15 granted “in principle” approval for a new syndicate, due to launch on Jan. 1, 2026. Atradius Syndicate 1864 will...
US Excess & Surplus Lines Growth Slowed Again in 2024; Berkshire, AIG Top Premium Rankings
Jul 21 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
People Moves: Aon Appoints Key Leaders in EMEA Commercial Risk Team; AXA XL Promotes Wilkinson to Head of International Casualty, Retail, UK & Lloyd’s
Jul 18 2025 // This edition of International People Moves details appointments at Aon and AXA XL. A summary of these new hires follows here. Aon Appoints Key Leaders in EMEA Commercial Risk Team Insurance broker Aon plc announced several...
Trade Credit Specialist Coface Gets Nod From Lloyd’s to Launch Syndicate
Jul 17 2025 // Coface, the Paris-based trade credit risk management specialist, announced it has received an “in principle approval” from Lloyd’s to launch a short-term trade credit syndicate. The syndicate – Coface...
Former Lloyd’s CEO Neal to Lead General Insurance as President at AIG
Jul 16 2025 // American International Group (AIG) said today that former Lloyd’s CEO John Neal is joining as president, effective December 1. Neal, who at the start of 2025 was named CEO of reinsurance at Aon, will lead AIG’s...
California Surplus Lines Take-Up Soars as Brokers Work to Find Coverage for Clients
Jul 15 2025 // The best way to tell that the California homeowners insurance market has been a bear is to see where buyers facing higher rates and lack of options in traditional markets are going for alternatives. One choice is the...
Markets/Coverages: Liberty Specialty Launches Crypto Product for Financial Institutions
Jul 15 2025 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the launch of a dedicated product for financial institutions operating in the burgeoning cryptocurrency market. The product is designed for...
People Moves: Liberty Specialty Promotes Fraigneau to President, Europe; Insurance Industry Charitable Foundation Launches in Canada With Gladki as Exec Director
Jul 8 2025 // This edition of International People Moves details appointments at Liberty Specialty Markets in Luxembourg and the Insurance Industry Charitable Foundation in Canada. A summary of these new hires follows here. Liberty...
CRC Group Agrees to Acquire Lloyd’s Managing Agency Atrium Underwriting Group
Jul 7 2025 // CRC Group, the Charlotte, North Carolina-based wholesale specialty insurance distributor, has entered a definitive agreement to acquire Lloyd’s managing agency Atrium Underwriting Group Ltd. from investment funds...
Lloyd’s Applauds Removal of Section 899 Tax Measure From ‘One Big Beautiful Bill’
Jun 30 2025 // Lloyd’s has issued a statement applauding the removal of Section 899 from the Republican’s reconciliation bill, which could have led to substantial additional tax on the US income of non-US-domiciled...
People Moves: Liberty Specialty Markets Taps CNA Hardy’s Butt as UK Head of Casualty Claims; SiriusPoint Names Pryde From Catalina Re as Group Chief Risk Officer
Jun 30 2025 // This edition of Interntional People Moves details appointments at Liberty Specialty Markets and SiriusPoint. A summary of these new hires follows here. Liberty Specialty Markets Taps CNA Hardy’s Butt as Head of...
US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
Jun 26 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
E&S Insurtech Ledgebrook Raises $65 Million
Jun 25 2025 // Ledgebrook Inc, a technology-driven excess and surplus lines managing general agency, recently completed the close of a $65 million funding round. The oversubscribed Series C round was led by existing investor The Stephens...
Ford Recalls Nearly 200,000 Mustang Mach Es Due to Faulty Door Latches
Jun 24 2025 // Ford Motor Co. is recalling nearly 200,000 electric Mustangs because the door latches could falter, potentially trapping passengers in the back seat. The National Highway Traffic Safety Administration said Dearborn,...
People Moves: Howden Belgium Appoints De Baets as CEO; Liberty Promotes Directors of 3 New Divisions for Marine & Aviation, Specialty, Property
Jun 23 2025 // This edition of International People Moves details appointments at Howden and Liberty Specialty Markets (LSM). A summary of these new hires follows here. Howden Belgium Appoints De Baets as CEO Howden, the London-based...
AmRisc Launches Reciprocal Exchange for Commercial E&S Market
Jun 20 2025 // AmRisc, a subsidiary of Alabama-based CRC Group and Truist Insurance Holdings, has launched a reciprocal exchange, initally writing in Florida, Georgia, Alabama, California and Colorado, the company announced this...
People Moves: Markel Insurance Makes Leadership Changes to Simplify US Wholesale and Specialty Division
Jun 17 2025 // Markel Insurance, the insurance operations within Markel Group Inc., appointed new leadership within its U.S. wholesale and specialty division. The company is simplifying its structure from six U.S. wholesale and two U.S....
