Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
People
Jun 18 2018 // EPIC Insurance Brokers and Consultants has added risk management and insurance professionals Rose Nordbrock, Jeff Breskin, Pabla Barros and Jose Fuentes to the firm’s operations in Southern California. Nordbrock...
Liberty Mutual Appoints Waters to National Insurance Specialty Unit
Jun 14 2018 // Liberty Mutual, a Boston, Mass.-headquartered global insurer, has appointed Matt Waters to lead the areas of its National Insurance Specialty unit that provide a full range of primary and excess products to large and...
Malloy Appointed President of Acrisure’s Specialty Division
Jun 13 2018 // Caledonia, Michigan-based retail consulting and insurance brokerage, Acrisure, has appointed industry veteran William Malloy as president of its Specialty Division. Malloy has extensive leadership experience in the...
Lloyd’s Lab Begins Global Search for Insurtech Talent
Jun 13 2018 // Lloyd’s Lab, the global insurance market’s new innovation sandbox, is launching a global search for tech talent to partner with the Lloyd’s market and develop solutions for its unique and rapidly changing...
Everest Insurance Taps Chubb’s Koppang to Lead E&S Casualty Unit
Jun 12 2018 // Everest Re Group Ltd. has added Eric Koppang to the Everest Insurance Specialty Casualty team within the E&S Casualty unit. Based in Chicago, Koppang joins Everest as vice president and head of E&S...
Lloyd’s Uses Insurable Value Data to Predict France Will Win 2018 World Cup
Jun 12 2018 // Lloyd’s World Cup Group Infographic Analyzing the collective insurable value of soccer players, Lloyd’s of London* predicts that France will be the winner of the 2018 World Cup, which will be held in Russia...
Navigators Completes Acquisition of Belgian Specialty Insurer for €35M ($41.3M)
Jun 12 2018 // The Navigators Group Inc. has completed the acquisition of Bracht, Deckers & Mackelbert NV (BDM), a specialty underwriting agency, and its affiliated insurance company, Assurances Continentales – Continentale...
Markel Gets License to Underwrite Reinsurance on Lloyd’s India Platform
Jun 12 2018 // Markel International, the specialist insurer, has been granted a license by the Insurance Regulatory and Development Authority of India to write reinsurance business in the country. Capacity will be provided by...
A.M. Best Assigns Credit Ratings to Delaware’s Auto-Owners Specialty Insurance
Jun 11 2018 // A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- to Auto-Owners Specialty Insurance Company (AOSIC) of Dover, Del. The outlook assigned to these ratings is...
Integro Completes Acquisition of UK-Based Lloyd’s Broker Tysers
Jun 11 2018 // Integro Insurance Brokers, the New York-based insurance brokerage and specialty risk management firm, has completed its acquisition of Hawkes Bay Holdings Ltd. (HBH), the privately owned principal parent company of Tyser...
Breckenridge Insurance Services Hires Commercial Insurance Cyber Specialty Broker Ashley Holtz
Jun 8 2018 // Ashley Holtz Atlanta, GA, June 8, 2018 — Breckenridge Insurance Services is pleased to announce Ashley Holtz has joined the wholesale brokerage team as assistant vice president and broker. Holtz brings additional cyber...
Pennsylvania’s Ascinsure Specialty Risk Hires Urbanski
Jun 6 2018 // Ascinsure Specialty Risk LLC has hired Josie Urbanski as a business development manager. Ascinsure is a Pittsburgh, Penn.-headquartered, all-lines program underwriting manager specializing in the crane, scaffolding and...
Lloyd’s Index Shows $92B at Risk in North American Cities Each Year
Jun 6 2018 // Powered by InsuranceJournal.tv Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s released today shows. Lloyd’s newly...
XL Catlin Names Smyth, Greavesas to Global Excess Casualty Posts
Jun 6 2018 // XL Catlin insurance operations named Donnacha Smyth as president and Carla Greavesas as chief underwriting officer of Global Excess Casualty. Smyth, who will be based in Dublin, will start his new role in September. He...
Monarch E&S in California Names Bertram Manager of Commercial Lines
Jun 5 2018 // Monarch E&S Insurance Services has promoted Lynn Bertram to senior underwriter and manager of commercial lines operations. Bertram has worked with Monarch E&S for 15 years, underwriting new business for the past...
Specialty Program Acquires Assets of PPIB in California
Jun 4 2018 // Specialty Program Group LLC has acquired the assets of Novato, Calif.-based Professional Program Insurance Brokerage. Terms of the deal were not disclosed. Susan Preston, president of PPIB, will continue to run the...
Ryan Specialty Completes Acquisition of Lodestar Marine of London
Jun 4 2018 // Ryan Specialty Group has completed its acquisition of Lodestar Marine Limited of London. Within RSG, Lodestar’s operations are a part of RSG Underwriting Managers, the managing general underwriting division of Ryan...
People
Jun 4 2018 // Doug Slape has been promoted to second-in-command at the Texas Department of Insurance. Slape has been at the agency since 1988 and has served as deputy commissioner for the Financial Regulation Division the past three...
Massachusetts’ The Hanover Appoints Baron President of Alternative Markets
Jun 1 2018 // The Hanover Insurance Group Inc. has appointed Frank M. Baron as president of Alternative Markets, a newly formed business unit within the company’s domestic specialty group. In this role, Baron will lead the...
Burand’s State of the P/C Insurance Industry 2018: Pricing Cycle Effects on Agents
May 29 2018 // The property & casualty insurance and group benefits industry is changing faster than ever, or at least faster than any time in any reader’s history. Many factors are the parents of such change. In part one of...
