Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs
Mar 11 2025 // Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized...
People Moves: Courtney to Lead Nationwide’s Newest E&S Brokerage Property Unit
Mar 7 2025 // Tonya Courtney Nationwide, headquartered in Columbus, Ohio, appointed Tonya Courtney to lead its new excess and surplus (E&S) brokerage property unit with the goal of opening for business in the second half of the...
Markets/Coverages: Ryan Launches Specialty National Programs Group
Mar 5 2025 // Global specialty insurance firm Ryan Specialty is launching a new practice group focusing on specialty, class specific package business on both an admitted and non-admitted basis. The new group will be within its...
Florida E&S Market Leveling Off After Years of Growth, FSLSO Data Show
Mar 5 2025 // The steady growth in excess and surplus lines’ business in Florida appears to be leveling off, another sign that the insurance market in the state is settling down after years of turbulence. “January’s...
People Moves: Wilson Named Deputy Chair of Argenta Syndicate Mgmt as Whiter Steps Down; Specialty MGA UK Hires Hussain as Head of Political, Credit Risk
Mar 4 2025 // This edition of International People Moves details appointments at Argenta Syndicate Management and Specialty MGA UK. A summary of these new hires follows here. Wilson Named Deputy Chair of Argenta Syndicate Mgmt as Whiter...
Price Forbes Re Taps Aon’s Power for Alternative Risk and Capital Solutions; AXA XL Promotes Kilshaw as Head of Broker Mgmt., Alternative Distribution, UK & Lloyd’s
Mar 3 2025 // This edition of International People Moves details appointments at Price Forbes Re and AXA XL. A summary of these new hires follows here. Price Forbes Re (PF Re) announced the appointment of Sherman Power to the newly...
People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers
Feb 28 2025 // Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3. Alex Faynberg In his new role, Faynberg will...
Templar Specialty Expanding Executive and Professional Liability Insurance Offerings
Feb 27 2025 // Templar Specialty announced that it is now expanding its executive and professional liability insurance offerings to include excess and A-side Directors & Officers coverage to public companies. This follows the success...
People Moves: Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics; Specialty MGA UK Hires 2 Energy Underwriters
Feb 25 2025 // This edition of International People Moves details appointments at Markel and Specialty MGA UK. A summary of these new hires follows here. Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics Markel,...
Specialty Re/Insurer Convex to Enter Lloyd’s With Syndicate 1984
Feb 14 2025 // Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex said it...
WDIS Launches Wildfire Only Coverage for E&S Commercial Property in California
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Slower Growth but Surplus Lines Premiums Still Up 12% in 2024
Feb 6 2025 // The excess and surplus lines market continued to grow in 2024, with premium reaching more than $81 billion, according to annual reports from 15 state stamping offices released by the Wholesale & Specialty Insurance...
Ryan Specialty Completes Buy of Velocity Risk Underwriters
Feb 4 2025 // Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Tennessee, Velocity is a...
How Competitive Is E&S Property? Exec Views Vary
Jan 30 2025 // E&S property insurance market conditions were a recurring talking point on two recent earnings conference calls, but the leaders of specialty insurers offering commentary were not perfectly in lockstep in their...
People Moves: Lloyd’s Promotes Cliff to CFO, Succeeding Keese; Ryan Re Appoints BMS’ Ryan as EVP to Lead Strategic Business Development
Jan 30 2025 // This edition of International People Moves details appointments at Lloyd’s and Ryan Re. A summary of these new hires follows here. Lloyd’s Promotes Cliff to CFO, Succeeding Keese Lloyd’s, the insurance...
People Moves: Ignite Specialty Names Patel US Head of IP Underwriting; QBE North America Hires Finnis as SVP of Distribution
Jan 29 2025 // Ignite Specialty Risk Names Patel as US Head of Intellectual Property Underwriting Ankit Patel Ignite Specialty Risk, headquartered in London, appointed Ankit Patel as U.S. head of intellectual property (IP)...
Digital Lloyd’s Syndicate Ki Becomes Separate Company Within Fairfax Group
Jan 24 2025 // Ki, the Lloyd’s digital follow platform, announced it completed the separation from its parent company, Fairfax Group, becoming a standalone subsidiary on Jan. 1, 2025. Ki was created in 2020 and started writing...
People Moves: Ansay Announces New Leadership Team; Ryan Specialty Adds Budd to Specialty Underwriting Segment
Jan 23 2025 // Anneren Family Holding Company, established to perpetuate the Ansay family’s legacy, has announced the appointment of Angela Sikowski as President and Nikki Kiss as Chief Operating Officer (COO). This transition...
New York, New England Surplus Lines Insurance Groups Merge
Jan 21 2025 // The Professional Insurance Wholesalers Association (PIWA) and the New England Surplus Lines Association have merged. The combined organization will operate under the PIWA name and serve excess-and-surplus wholesalers...
Will California’s FAIR Plan Have Enough Cash for Its Wildfire Claims?
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
