Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Ryan Specialty Group’s Transactional Risk Unit, Hunter George, Gets a Name Change
Sep 4 2019 // Ryan Specialty Group Europe announced that its London-based transactional risk managing general underwriter, Hunter George & Partners, is changing its name to RSG Transactional Risks Europe. The dedicated transactional...
Wildfires Making Insurance Harder to Find, California Department of Insurance Says
Sep 2 2019 // Severe wildfire seasons have made it harder for homeowners to find insurance in high wildfire-risk areas, according to new data collected by the California Department of Insurance. The data released in late-August from the...
H.W. Kaufman Group Partners with RB Jones Marine, ProSight Specialty Insurance
Aug 30 2019 // H.W. Kaufman Group, a global network of companies, has expanded its subsidiary RB Jones as it partners with ProSight Specialty Insurance to become the exclusive administrator for its Marine Solutions and Excess Energy...
New Specialty Broker McGill & Partners Forms U.S. Subsidiary
Aug 29 2019 // The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company’s founder Steve McGill has confirmed. When McGill &...
RB Jones, Prosight Specialty Form RB Jones Marine; Tap Engel to Lead
Aug 29 2019 // H.W. Kaufman Group, a global network of companies, has expanded the capabilities of its subsidiary RB Jones through a new partnership with ProSight Specialty Insurance. RB Jones will be the exclusive administrator for...
Liberty Specialty Markets Taps Brodu from AIG as Head of Financial Lines, France
Aug 29 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, announced the appointment of Antoine Brodu as head of Financial Lines, France, with immediate effect. Brodu joins LSM from AIG France, where he spent...
Liberty Specialty Markets Promotes Garside to Head of Bermuda Property
Aug 28 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Nicholas Garside to the role of head of Bermuda Property. Reporting to Steve Horton, president, Liberty Specialty Markets Bermuda,...
HDI Global Taps Ogden from Lloyd’s as Director of Distribution, UK and Ireland
Aug 27 2019 // HDI Global SE (HDI) has announced the appointment of Stephanie Ogden as Director of Distribution for its UK and Ireland operations. She will assume the role on Sept. 2, 2019. Ogden will be responsible for distribution...
One General Agency Acquires Renewal Rights to Oklahoma City MGA’s Business
Aug 26 2019 // One General Agency (OGA) has acquired the renewal rights to the book of business previously owned by Oklahoma City-based Acton Inc. (Acton). Acton President Eric Acton will be joining the OGA staff. One General Agency...
Newly-Launched CAC Specialty Combines Insurance Brokerage with Investment Banking
Aug 26 2019 // Alabama-based specialty insurance broker Cobbs Allen is forming CAC Specialty, a combined specialty insurance brokerage and investment banking platform to offer customized insurance and risk transfer services to large...
Liberty Mutual Names Chief Underwriting Officers for Excess Casualty and Public Entities
Aug 22 2019 // Liberty Mutual has appointed Jon Tellekamp as chief underwriting officer for National Insurance – Excess Casualty, and Doug Manwaring as chief underwriting officer of National Insurance – Public Entities and...
Wildfires Making Insurance Harder to Find, California Department of Insurance Says
Aug 21 2019 // Severe wildfire seasons have made it harder for homeowners to find insurance in high wildfire-risk areas, according to new data collected by the California Department of Insurance. The data released this week from the CDI...
Hamilton to Double in Size with Completed Acquisition of Pembroke Managing Agency
Aug 21 2019 // Hamilton Insurance Group said it has completed its acquisition of Liberty Mutual’s Pembroke Managing Agency at Lloyd’s and its Ironshore Europe DAC business. The acquisition, first announced in mid-March, will...
Liberty Specialty Markets Adds Goodliffe in Chicago as Sr. Underwriting Officer
Aug 21 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, has appointed James Goodliffe to the role of senior underwriting officer within its Financial Risk Solutions (FRS) Multi-Buyer Trade Credit practice. He is...
Underwriters Get Picky and Other Trends in Construction Insurance
Aug 19 2019 // Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their...
Near National P/C Carriers Identified for 2019
Aug 19 2019 // This year marks the 13th year of the Demotech Company Classification System, which was established in the Feb. 12, 2007, issue of Insurance Journal. The system categorizes insurers into one of 11 categories based on an...
Specialty Program Group Acquires Assets of New York’s The Mechanic Group
Aug 15 2019 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has acquired the assets of The Mechanic Group Inc. (TMG), a Pearl River, N.Y.-based specialty insurance program...
Nation’s Excess & Surplus Market Reports 13% Growth Through Midyear
Aug 14 2019 // Source: Texas Surplus Lines Stamping Office The nation’s excess and surplus lines insurance industry is growing almost 13 percent faster halfway through this year than it did last year at this time. Mid-year premium...
Concord Specialty Risk Hires Peress as Vice President in New York
Aug 14 2019 // Concord Specialty Risk has hired Ilan D. Peress as vice president and Reps & Warranty Insurance underwriter, where he will take on a leading role in Concord’s Reps & Warranty Insurance practice. Peress will...
Lloyd’s, London Market Insurers Surpass Q2 Electronic Placing Targets
Aug 12 2019 // More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other recognized...
