Latest Excess Surplus Headlines
All the headlines from our Excess Surplus Topic Page, ordered by recency.
Concord Specialty Risk Hires Paul in New York
Sep 6 2018 // Concord Specialty Risk has hired Rustin I. Paul Esq. as executive vice president of Reps and Warranty Insurance Underwriting, where he will have a leading role in the future of the firm’s Reps and Warranty Insurance...
Staffpak Announces New Carrier Partner For Staffing Agency and PEO Programs
Sep 6 2018 // Dallas, TX, September 6, 2018— U.S. Risk’s StaffPak program has partnered with program-driven Markel Specialty to offer property and casualty coverage to the staffing and PEO industries. Markel will provide...
Lloyd’s Commercial Officer Vandendael to Exit Lloyd’s to Take Executive Role at Everest
Aug 31 2018 // Lloyd’s announced that its chief commercial officer, Vincent Vandendael, has decided to leave the corporation after almost six years. He will be moving to Everest Insurance as CEO of International Insurance in early...
Houston’s Myron Steves Adds Tilford to Lead Claims Unit
Aug 30 2018 // Amanda Tilford has joined Houston-based managing general agency, Myron Steves, to lead the company’s Claims operations. She will be responsible for operating the claims processing unit, including the timely and...
Marsh’s Parks Joins The Hartford’s Specialty Commercial Sales Unit
Aug 30 2018 // After 30 years at brokerage Marsh, George Parks is joining The Hartford to become head of sales and field operations for national accounts in the insurer’s Specialty Commercial business. Parks will oversee national...
Travelers’ Chapman to Lead IAT’s New Surety Unit After IFIC Acquisition
Aug 29 2018 // IAT Insurance Group has hired Ken Chapman as executive vice president, Surety, to lead IAT’s new surety business following IAT’s acquisition of IFIC Surety Group that is expected to close in the third...
Lloyd’s Provides Insurance for Cryptocurrency Storage
Aug 28 2018 // Kingdom Trust, a company that stores digital currency for investors, has secured insurance coverage through Lloyd’s of London to protect against theft and destruction of those assets, the company said on Tuesday. The...
Lloyd’s Market Assn. Appoints Navigators’ Cameron as CEO, Succeeding Gittings
Aug 28 2018 // Sheila Cameron, currently head of International Operations at Navigators Underwriting Ltd., is to become the next CEO of the Lloyd’s Market Association (LMA), following the announcement that David Gittings will be...
Argo Names Duncan to Lead U.S. Specialty Programs
Aug 27 2018 // Specialty insurer Argo Group has appointed Marsh Duncan to serve as senior vice president U.S. Specialty Programs, effective immediately. In this role, Duncan will lead the company’s strategy to offer customized...
Venture Capital Firm, Beat Capital, to Merge with Insurer Investment Vehicle Paraline UK
Aug 23 2018 // Venture capital firm Beat Capital Partners and insurance investment vehicle Paraline UK announced they plan to merge – in a move that is designed “to enhance and further build Beat’s platform to support...
The Hartford to Acquire Specialty Insurer Navigators in $2.1 Billion Deal
Aug 22 2018 // The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators...
Excess and Surplus Coverage From Prime Insurance Company Now Available in California
Aug 20 2018 // Chicago, IL, August 20, 2018 — Prime Insurance Company, a leader in excess and surplus lines insurance, announced today that it has been added to the List of Approved Surplus Line Insurers in California. Prime can now...
People
Aug 20 2018 // Roger Walleck, vice president of Underwriting at Missouri Employers Mutual, has been elected to serve on the national underwriting committee for the workers’ compensation rate making organization, National Council on...
When Small Business Needs Specialty Insurance
Aug 20 2018 // Small business used to be associated with small exposures — simple business risks addressed with simple insurance products. However, changing customer needs and expectations, technology advancements, new regulations...
Getting Personal in Today’s High Net Worth Market: PURE Group
Aug 20 2018 // The personal lines market gets very personal in the high net worth segment, according to one of the market leaders. PURE Group of Insurance Companies’ Chief Claims Officer Michael Taylor says that to excel in this...
New Specialty Offering from HUB Targets Cannabis Producers, Distributors, Retailers
Aug 16 2018 // Global insurance brokerage Hub International Limited (HUB) has formed a comprehensive cannabis insurance and risk services offering under its Agribusiness & Farm Specialty Practice. The new offering is designed to...
On the Side, Express Scripts Eyes Distributing High-Priced Specialty Drugs
Aug 15 2018 // Express Scripts Holding Co. built a multi-billion enterprise pressuring drug companies to lower their prices for U.S. patients. Now it is quietly building a side business: getting paid to help drug companies dispense a new...
StarStone Launches Casualty Consortium for Australia, New Zealand Markets
Aug 15 2018 // StarStone, the global specialty insurer, has launched a casualty consortium targeted at the Australian and New Zealand markets. The consortium is led by StarStone’s Mark Hunt and has begun underwriting...
Tower Hill Specialty Expands Into 5 New States, Adds Carrier
Aug 15 2018 // Tower Hill Specialty, a managing general agency based in Ohio, has begun offering property insurance policies in Georgia, Indiana, Ohio, Texas and Wisconsin. The company, which offers property insurance for homeowners,...
AmWINS Targets Marine Insurance with Creation of 2 Specialty MGAs
Aug 13 2018 // Global insurance wholesale brokerage AmWINS Group has formed two specialty managing general agencies focused on the marine industry, AmWINS Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters...