Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
W.R. Berkley’s FinSecure Appoints P/C Chief Underwriting Officer
Sep 4 2013 // FinSecure — a W.R. Berkley Corp. member company that focuses on insurance for financial institutions — announced that Elizabeth Loft Good has joined the company as vice president and chief underwriting officer...
AJ Gallagher to Acquire UK’s Giles Group of Companies
Sep 4 2013 // Arthur J. Gallagher & Co. announced that it has signed an agreement to acquire the Giles Group of Companies, headquartered in London, England. The transaction is subject to regulatory approval and is expected to close...
UK MGA Pioneer Names Carson to Head New ‘Pioneer Cat’ Division
Sep 4 2013 // Specialist Managing General Agency (MGA) Pioneer Underwriting Limited announced the appointment of David Carson to spearhead its new division ‘Pioneer Cat,’ incorporating property catastrophe reinsurance...
UK’s Nexus Underwriting Takes Over Torus Executive Risks
Sep 4 2013 // UK-based Nexus Underwriting Management Limited announced that it has acquired Torus Insurance Holdings Limited entire holding in Torus Executive Risks Ltd (TER) with effect as of August 30, 2013. Following the acquisition,...
Former Lloyd’s Chairman Max Taylor Joins Pioneer Underwriting Board
Sep 3 2013 // Former Lloyd’s Chairman Max Taylor Joins Pioneer Underwriting Board Recently formed – April 2011 – Pioneer Underwriting Limited announced that industry veteran Max Taylor has been appointed as Chairman of the...
Specialty Underwriters & Risk Evaluators Acquires WSIB Insurance Agency
Aug 26 2013 // Specialty Underwriters & Risk Evaluators LLC has acquired Jackson, Mich.-based WSIB Insurance Agency from the Capacity Group of Companies, headquartered in Mahwah, N.J. WSIB currently operates as a wholesale broker and...
Texas Windstorm Insurer Offers Underwriting Basics Online Workshop
Aug 23 2013 // The Texas Windstorm Insurance Association (TWIA) announced it is now offering its Texas Windstorm Insurance Association Underwriting Basics Workshop online. This course, which is open to insurance agency personnel, has...
Advanced Insurance Underwriters, CODA to Offer GL, WC Coverage to Contractors
Aug 22 2013 // Advanced Insurance Underwriters, a nationwide provider of commercial insurance, and CODA, the California Operator & Door Association, have collaborated to give contractors access to general liability coverage and...
BMS Appoints Douetil as Group CEO; Cook CEO of UK Broker Entity
Aug 21 2013 // The UK’s BMS Associates, a specialist independent broker and underwriting group, has appointed Dane Douetil as its new Group Chief Executive Officer. BMS Associates is the parent company of BMS Group Limited, its UK...
Former PIA Mgmt. CEO Bessette Joins Managing General Underwriter CED 1976
Aug 20 2013 // CED 1976 LLC, a N.J.-based managing general underwriter for the Jewelers unBLOCKed brand that focuses on providing coverage to the jewelry industry, announced that Ken Bessette has joined its management team as strategic...
Fidelis Group Holdings Names 2 Managing Directors for New Inland Marine Unit in N.Y.
Aug 19 2013 // Fidelis Group Holdings LLC, through its subsidiary company Continental Underwriters Ltd., announced the formation of its new inland marine division and appointed two managing directors for the new unit. Ed Helfers and Lisa...
Berkshire Hathaway Specialty Insurance Hires 2 Execs From Zurich, The Hartford
Aug 16 2013 // Berkshire Hathaway Specialty Insurance — the recently launched commercial P/C insurance unit of Berkshire Hathaway — announced on Thursday the appointments of Leo Carroll as senior vice president, healthcare...
Gridiron Insurance Underwriters Launches New Inland Marine E-Portal Product
Aug 14 2013 // Gridiron Insurance Underwriters, Inc., a program manager that specializes in program business on a regional and national basis through select retail and wholesale producers, will release a new inland marine product called...
Michigan’s Saginaw Bay Underwriters Celebrates 150 Years
Aug 14 2013 // The world has changed a lot since Saginaw Bay Underwriters was founded in 1863, and the insurance industry has changed along with it. “We started out insuring horses, and now we’re insuring computer...
Allied World Europe in Strategic Agreement with UK’s Gravity Underwriting
Aug 14 2013 // Allied World Assurance Company Holdings, AG, which is based in Switzerland, announced that its subsidiary, Allied World Assurance Holdings (Ireland) Ltd, has entered into an agreement with Gravity Underwriting Limited for...
Loeb’s Third Point Re Set for IPO as Einhorn’s Truck Bet Shows Insurers’ Risk
Aug 14 2013 // Investors in Third Point Reinsurance Ltd.’s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They’re also taking on risk from an unprofitable underwriting operation. The sale...
Catlin Group Six Months Underwriting Results Steady; Net Income Falls
Aug 9 2013 // The Bermuda-based Catlin Group Limited listed the following highlights for the financial results for the six months ended 30 June 2013. — Strong Underwriting Reflected in 88.9 percent Combined Ratio — Strong...
ACE Appoints Russell Regional Sr. Prof. Indemnity Underwriter UK/Ireland
Aug 8 2013 // ACE Group announced the appointment of Geoff Russell as Regional Senior Professional Indemnity Underwriter, UK and Ireland, effective immediately. The appointment is part of the company’s investment in...
Hill Program Managers, Berkley Custom Insurance Form Underwriting Agreement
Aug 6 2013 // Denver-based Hill Program Managers, LLC has formed an agreement to underwrite design professional liability coverage in conjunction with Berkley Custom Insurance Managers, a member company of W. R. Berkley Corp. Hill...
Unlocking prospect information to win business
Jul 31 2013 // Information gathering strategies Unlocking prospect information is a critical skill set that separates the best agents from rest. Recent questions have arisen regarding efficient information gathering. The very best get...