Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
M&A Calendar: P/C Agent, Broker Mergers & Acquisition Headlines in 2014
Mar 23 2015 // Insurance Journal reported on more than 200 deals involving agencies’ or brokerages’ mergers and acquisitions in 2014. Activity was busiest in the first and fourth quarters, with more than 60 announcements...
UK’s MGAA Launches Initiative to Support MGA Talent Development
Mar 20 2015 // The UK’s Managing General Agents’ Association (MGAA), has announced a much needed initiative to find and promote “young talent” in the insurance industry. It’s specifically aimed at...
Lloyd’s Opens Branch Office in Beijing to Access New Chinese Business
Mar 18 2015 // Lloyd’s opened a branch office in Beijing to access new business and forge closer links with business partners in China’s capital. Lloyd’s also appointed Songlin Chen, as general manager of the Beijing...
JLT Specialty Names Battenfield Sr. VP, U.S. Downstream Energy in Houston
Mar 17 2015 // JLT Specialty Insurance Services Inc. (JLT Specialty USA), a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), appointed Robert M. Battenfield as senior vice president and leader of downstream energy. He is...
Berkshire Hathaway Specialty Insurance Names Head of Singapore Energy Business
Mar 16 2015 // Berkshire Hathaway Specialty Insurance (BHSI) today announced another key addition to its leadership team in Asia, naming Min Ong as Asia regional head of energy, based in Singapore. Malin Fredriksson, Asia regional head...
Lloyd’s Suit, Upcoming NFL Draft Shine Light on Sports Insurance
Mar 13 2015 // As the 2015 National Football League draft approaches, a lawsuit against Lloyd’s of London by former University of Southern California Trojans receiver Marqise Lee has placed a spotlight on sports disability...
HCC Specialty Partners with Weather Analytics
Mar 13 2015 // Specialty insurance underwriter HCC Specialty has formed a strategic alliance with Maryland-based Weather Analytics, a provider of precision climate, and weather data and analytics. Through this strategic alliance, HCC...
Nautilus Insurance Group Enhances Commercial Excess Product
Mar 13 2015 // Provides more options, flexibility and launches new platform. Scottsdale, AZ, March 13, 2015 – Nautilus Insurance Group, comprised of Nautilus Insurance Company (“Nautilus”) and Great Divide Insurance...
TUMI Now a Lloyd’s Coverholder, Launches Auto Liability & Transportation Programs
Mar 12 2015 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, is now an approved Lloyd’s Coverholder and recently began underwriting business on behalf of certain underwriters at Lloyd’s....
BTIS announces launch of new Excess Rater, available in 49 states
Mar 12 2015 // Rocklin, CA, March 12, 2015- Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the launch of it’s new Excess Rater, now available in 49 states. The new rater has a fast, single...
Lloyd’s Opens Specialist Underwriting Platform in Dubai
Mar 11 2015 // Lloyd’s has opened a new specialist underwriting platform in Dubai to provide tailored risk solutions across the Middle East. This brings the number of Lloyd’s businesses trading in the Dubai International...
Capacity Plentiful, Pricing Remains Soft in D&O Marketplace
Mar 9 2015 // The directors and officers liability insurance marketplace continues to be a buyer’s market – with new entrants contributing to the plentiful capacity, competitive pricing and expanded terms, according to industry...
XL Group’s E&S Insurance Adds Miller in Chicago to Launch New Auto Product
Mar 6 2015 // XL Group’s Excess & Surplus (E&S) insurance team is expanding, adding Andrew Miller as underwriting manager for its newest product line, primary auto. Miller joins XL Group’s Chicago office with more...
Argo Insurance Offers New Excess Casualty Facility
Mar 6 2015 // Argo Insurance, the Bermuda-based platform for Argo Group International Holdings’ worldwide professional and casualty lines, has launched a new excess casualty facility. Effective immediately, the new offering...
XL Launches Primary Auto Product Line, Taps Miller to Lead
Mar 5 2015 // XL Group’s excess & surplus (E&S) insurance is adding primary auto capabilities to its product line and has added Andrew Miller as underwriting manager to lead this business. According to John Goodloe,...
Specialty Insurance Group Increases Casualty Capacity to $25M
Mar 4 2015 // Specialty Insurance Group (SIG) has increased its excess/umbrella coverage underwriting capacity to $25 million, an increase of $15 million. SIG provides specialty insurance programs in the sports, leisure and...
Surplus Line Association of California Names Brady Chair
Mar 4 2015 // The members of the Surplus Line Association of California have named Denis Brady, president of Burns & Wilcox Brokerage in San Francisco, chair of the SLA Board of Directors. Brady’s election was finalized after...
MSIG at Lloyd’s Launches Bloodstock Account With 2 Appointments
Mar 3 2015 // MSIG at Lloyd’s has moved into the bloodstock market with the appointment of specialist underwriters Rebecca Attridge and Phil Needham. Attridge and Needham both report to Caroline Koczerzat, underwriting manager,...
USDA Seeks Crop Insurance Products for Specialty Crop, Fruit, Vegetable Growers
Mar 2 2015 // The federal crop insurance program would be extended to growers of specialty crops, fruits and vegetables as well as other farmers who have not had access to policies under new rules proposed by the U.S. Department of...
Arthur J. Gallagher Acquires Excel Insurance, Metcom Excess in N.J.
Mar 2 2015 // Arthur J. Gallagher & Co. announced the acquisition of two New Jersey-based wholesale brokers: Excel Insurance Services Inc., located in Hamilton; and McCloskey Surplus & Excess Inc. (d/b/a Metcom Excess),...
