Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
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),...
JLT Rebrands Bermuda Unit; Senior Management Changes Announced
Mar 2 2015 // Jardine Lloyd Thompson Group plc announced that JLT PARK will be rebranded as JLT Specialty Bermuda. This change became effective on March 1, 2015, subject to regulatory approval. JLT also is announcing a number of senior...
Ariel Re Launches Ariel Specialty Insurance Managers
Feb 27 2015 // Ariel Specialty will commence underwriting E&S property business on March 1st, 2015, with business being written through wholesale brokers only on a limited appointment basis and on behalf of Ariel’s...
Fairfax Financial to Benefit From its Acquisition of Brit plc: Moody’s Report
Feb 27 2015 // The proposed acquisition of Brit plc by Fairfax Financial Holdings is “credit positive” for Fairfax, according to Moody’s, which noted that the deal will significantly boost Fairfax’s underwriting...
Weaver Joins Aegis Specialty Insurance Services in California
Feb 24 2015 // Sunnyvale, Calif.-based Aegis Specialty Insurance Services has named Brian Weaver vice president of sales. Weaver has more than 34 years of insurance sales experience. Most recently, Weaver was vice president of sales for...
Lloyd’s Appoints First General Representative in South Korea
Feb 24 2015 // Lloyd’s has appointed Jin-Yung Sun as its first general representative in South Korea. Sun has worked in the (re)insurance industry for 35 years as both an underwriter and a Lloyd’s broker. He spent the first...
Berkshire Hathaway Specialty Insurance Fills 2 Key Positions in Singapore
Feb 23 2015 // Berkshire Hathaway Specialty Insurance (BHSI) announced two appointments to its leadership and underwriting team in Asia, naming Malin Fredriksson as Asia regional head of first party lines, and Kiran Prakash as Asia...
Texas Insurance Wholesalers Wary of Retail Agent Association MGA
Feb 23 2015 // In mid-November 2014, Texas’ largest association of independent retail insurance agents took the unprecedented step of acquiring a managing general agency as a way of providing its members greater access to...
Navigators Launches Lloyd’s-Based International Casualty Unit
Feb 19 2015 // The Navigators Group, Inc. announced that Navigators Underwriting Agency Ltd., its wholly owned Lloyd’s managing agency subsidiary, has created an International Casualty unit, which will “offer a range of...
Pacific Specialty Adds Biewer, Lee to C-Suite
Feb 17 2015 // Pacific Specialty Insurance Co. has named David Biewer as chief financial officer and Jim Lee as chief information officer. Biewer spent the past 14 years at Esurance, the last nine years as chief actuary and vice...
