Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People
Sep 19 2011 // XL Insurance has made six key appointments to its North America Construction team. The latest additions to XL Insurance’s North America construction team include: Lawrence Lejfer — Vice president and senior...
Mass. Agents’ Underwriting Ban Passes First Ballot Test
Sep 19 2011 // Nearly all of the proposed questions for Massachusetts’ 2012 state ballot have been given preliminary approval including one that would ban insurers from using credit scores and socioeconomic factors in pricing auto...
People
Sep 19 2011 // Brady R. Kelley has been named the executive director of the National Association of Professional Surplus Lines Offices (NAPSLO). Kelley replaces Richard M. Bouhan who will be retiring from the organization after 30 years...
Cornerstone Underwriting Partners Launches WC Program for PEO Industry
Sep 9 2011 // Cornerstone Underwriting Partners, LLC (CUP), a nationwide underwriting management company and program administrator that works exclusively with wholesale brokers and specialty program agents, has partnered with national...
Allied World Appoints Fleischmann as New VP for Direct Underwriting
Sep 9 2011 // Allied World Assurance Company Holdings, AG announced that Kurt Fleischmann has joined Allied World Europe as Vice President, General Casualty & Professional Lines. He will be based in Zug, Switzerland where Allied...
Argo Group’s Fine Arts Title Underwriter in Partnerships with Art Insurers
Sep 8 2011 // Argo Group International Holdings, Ltd. announced that its subsidiary, ARIS Title Insurance Corporation, the world’s first underwriter of title insurance for fine art and other precious collectibles, has launched...
HSB UK Names Kane Chief Underwriting Officer
Sep 7 2011 // Specialist engineering and construction insurer HSB Engineering Insurance Limited has appointed Andy Kane as chief underwriting officer. He has over 20 years experience, and replaces Tom Howe who recently retired as CUO...
Transparency in a Soft Marketplace
Sep 5 2011 // Seeing something through can have quite a bit of meaning, especially when underwriting margins are thin and policyholders are struggling to pay bills. Transparency is a buzz word of sorts and continues to be a challenge...
People
Sep 5 2011 // Lee Stacey has been appointed president and chief executive officer of Britton-Gallagher & Associates Inc., one of Ohio’s largest privately owned insurance brokers. He assumes many of the current duties of Bruce...
English Football (Soccer) Season Kicks Off with Help from Insurance Industry
Sep 1 2011 // English football (soccer) matches resumed at the beginning of August with Manchester United, last season’s Premier League champions, favored to repeat this season. Like its counterparts in the U.S. – major...
Travelers Promotes Lloyd’s Syndicate 5000 Underwriters
Aug 30 2011 // Travelers announced a series of promotions within Travelers Syndicate Management Ltd. (Syndicate 5000), the company’s Lloyd’s operation, “to support long-term development in this important...
AIC Holdings Appoints Purdy President, CEO of Underwriters
Aug 25 2011 // AIC Holdings appointed Robert G. Purdy to president and CEO of AIC Underwriters, based in Philadelphia, PA. Purdy will be responsible for leading the underwriting, marketing and operations strategies for the AIC...
ACE Expands Terrorism, Political Violence Team; Biggas is New Underwriter
Aug 23 2011 // ACE announced from its London office that it has appointed Marie Biggas to the position of underwriter for terrorism and political risks for ACE Overseas General (AOG). She joins ACE from the Chaucer Syndicate, and will...
XL Insurance Names Hookings as Australian Environmental Underwriter
Aug 19 2011 // XL Insurance, the global insurance operations of XL Group plc, announced the appointment of Andrew Hookings as Environmental underwriter for Australia. He has over 10 years’ insurance industry experience, most...
Lloyd’s Marks 100th Anniversary of 1911 Act
Aug 19 2011 // The Lloyd’s web site notes that August 18th was the 100th anniversary of the 1911 Lloyd’s Act, which was instrumental in transforming the market from a primarily marine insurer, to the specialized global risk...
XL Names 6 to North America Construction Team
Aug 17 2011 // XL Insurance has made six key appointments to its North America Construction team that it established a year ago. The latest additions to XL Insurance’s North America Construction team include: Lawrence Lejfer...
Mitsui Sumitomo Appoints McDermott Syndicate 3210 Active Underwriter
Aug 12 2011 // Non-life insurer Mitsui Sumitomo at Lloyd’s has appointed Peter McDermott as active underwriter of its Lloyd’s Syndicate 3210 with immediate effect. He reports to, Eamon Brown, and will lead a team that...
Flagstone Realigns Management; Prestia Named CEO Flagstone U.S
Aug 10 2011 // Luxembourg-based Flagstone Reinsurance Holdings announced that Gary Prestia has been appointed CEO of Flagstone Representatives (US) Inc. and chairman of Mosaic NY, effective September 1. He will be stepping down as chief...
Catlin Hit by $201 Million Net Loss for 1st 6 Months
Aug 4 2011 // The Bermuda-based Catlin Group Limited announced its financial results for the six-month period ended 30 June 2011 from its London office, highlighted by a $201 million net loss for the period, compared to an $86 million...
XL Insurance, All Risks Form Underwriting Agreement for Open Lot Dealers Program
Aug 1 2011 // XL Insurance, the global insurance underwriting operations of XL Group and All Risks, Ltd., have formed a new joint underwriting agreement to offer a dealers open lot program, providing physical damage insurance coverage...
