Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Specialty Lines Insurance: Innovating at the Edges of Society and the Economy
Sep 17 2019 // Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new risks, especially when...
The Remaking of Disgrace Insurance
Sep 16 2019 // As co-founder and chief executive officer of the predictive analytics firm Spotted, Janet Comenos knows a lot about famous actors, artists, athletes and celebrity advertising. Her Boston startup matches companies with...
Today’s E&S Market Is an ‘Overwhelming’ Success
Sep 16 2019 // Business Is Gushing, Underwriters Trying to Keep Up Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed. The...
Surplus Lines: Innovation Incubator
Sep 16 2019 // The surplus lines marketplace is often viewed as the insurer of last resort, the marketplace for bad risks with poor loss records. But particularly in a time of great economic growth like now — we’re also the...
The Importance of a Healthy E&S Market
Sep 16 2019 // There is a special segment of the insurance industry that can be maligned at times because of how it operates, but it is critically important to a healthy insurance marketplace. That industry segment is the excess and...
Hardening Markets, Social Inflation, E&S Business: Berkley, AIG Execs Face Analysts
Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference. Speaking at the Keefe, Bruyette & Woods Insurance...
Liberty Specialty Markets Promotes Montoya to President of U.S., Bermuda and LatAm
Sep 12 2019 // Liberty Specialty Markets (LSM) announced the appointment of Alexander Montoya as president of U.S., Bermuda and LatAm, effective immediately. LSM also announced Wilhelm Schaugg has joined Montoya’s team. Wilhelm...
The Remaking of Disgrace Insurance
Sep 10 2019 // As co-founder and chief executive officer of the predictive analytics firm Spotted, Janet Comenos knows a lot about famous actors, artists, athletes and celebrity advertising. Her Boston startup matches companies with...
3 Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures
Sep 10 2019 // Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different for their...
Partners General Insurance Agency Hires Farrell, Opens Connecticut Office
Sep 10 2019 // Partners General Insurance Agency (PGIA) has hired Thomas Farrell as senior vice president to start up its Connecticut branch of operations. Farrell will be writing on Ategrity Specialty Insurance Company paper which has...
Nephila Launches Independent Lloyd’s Managing Agency
Sep 10 2019 // Nephila Capital, the Bermuda-based specialist ILS re/insurer and investment manager, has received UK regulatory approval to establish its own Lloyd’s managing agency. The new entity, Nephila Syndicate Management Ltd....
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...
