Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People Moves: New Hires at Appalachian Underwriters, Jimcor Agency
Dec 7 2021 // Appalachian Underwriters Hires Tobin as Northeast Marketing Representative Appalachian Underwriters Inc. (AUI) hired a new marketing representative to cover the Northeast region of the U.S. Bob Tobin comes to AUI with...
People Moves: Sartain Heads Marsh Specialty; AXA XL Adds 2 Underwriters to E&S Team
Dec 7 2021 // Sartain Named Marsh Specialty Leader for U.S. and Canada Insurance broker Marsh announced the appointment of Michelle Sartain as head of Marsh Specialty for the U.S. and Canada, effective January 1, 2022. Sartain will...
MGA CFC Underwriting Launches Tool That Calculates Ransomware Costs
Nov 30 2021 // CFC Underwriting, the specialist managing general agent, has released a new tool designed to help customers understand the potential cost of a ransomware attack to their business. “Ransomware threats are one of the...
Applied Specialty Underwriters Launches New Infrastructure, Construction Practice
Nov 30 2021 // Applied Specialty Underwriters has launched a new infrastructure and construction practice and named Christopher Day as president. Additionally, John Schlosser has been named to lead the infrastructure underwriting...
Amwins Special Risk Underwriters Announces Expansion into Professional Lines
Nov 30 2021 // Exclusive product for Amwins brokers will focus on excess D&O November 30, 2021 — Amwins Special Risk Underwriters today announced the launch of an Executive D&O Liability product. This product marks the...
People Moves: Hiscox Hires Starr’s Buchanan as Casualty Dir.; Sharpe, Griffiths to Inver Re’s Exec Team; Plumptre, Fox Join Blenheim Underwriting’s Political Risk Team
Nov 19 2021 // This edition of International People Moves details appointments at insurer Hiscox, the reinsurance broker Inver Re, and the Lloyd’s managing agency, Blenheim Underwriting. A summary of these new hires follows...
Update: Zurich Insurance Will No Longer Underwrite New Oil Exploration Projects
Nov 18 2021 // Zurich Insurance Group will no longer underwrite new greenfield oil exploration projects, Europe’s fifth-largest insurer said on Thursday in an investor day presentation that sought to burnish its green...
Insurance Technology: LineSlip Aids Property Underwriting; Bold Penguin Adds 2 Products:, Cowbell Assesses AWS
Nov 17 2021 // LineSlip Streamlines Property Value Reporting, Underwriting Data LineSlip Solutions recently unveiled a new tool to help risk managers, insurance brokers, and real estate asset managers streamline the collection and...
Samsung Fire & Marine to Underwrite Canopius U.S. Admitted Specialty Lines
Nov 15 2021 // Canopius Group, a global specialty (re)insurer, announced an agreement with Samsung Fire and Marine Insurance (SFMI), its substantial minority shareholder and business partner, to underwrite U.S. admitted business on its...
Chubb Sees Profit Jump on Premium Growth, Underwriting Income
Oct 27 2021 // Global insurer Chubb’s third quarter net income soared more than 58 percent year-over-year, as premium gains continued their double-digit climb. The insurer’s Q3 net income reached $1.83 billion during the...
UK MGA CFC Underwriting Receives Major Investment From 2 Private Equity Firms
Oct 21 2021 // CFC Underwriting, the London-based specialist managing general agent, announced a major investment jointly led by EQT and Vitruvian Partners, two of Europe’s leading private equity firms. The size of the investment...
Castel Targets U.S. Professional Liability Business With Launch of Underwriting Cell
Oct 21 2021 // Castel Underwriting Agencies Ltd. has launched a new underwriting cell, North American Professional Liability (NAPL), to focus on professional service firms’ business in the U.S. The cell is writing both primary and...
Re/Insurers Need a Data Strategy to Build Underwriting Transformation Programs
Oct 20 2021 // Years of low interest rates and burgeoning catastrophe losses have accelerated the hardening of the reinsurance market, as the January 2021 renewals clearly demonstrated, and moreover, the COVID-19 pandemic has worsened...
SiriusPoint Appoints Reinsurance Exec Heerasing; HDI Promotes Ogden as Director of Underwriting/Distribution; Besso Builds Property/Specialty Team With Hires From Tysers
Oct 12 2021 // This edition of International People Moves details appointments at re/insurer SiriusPoint, insurer HDI Global, and Lloyd’s broker Besso. A summary of these new hires follows here. SiriusPoint Appoints Top Reinsurance...
Gallagher Acquires SeaCoast Underwriters
Oct 12 2021 // Arthur J. Gallagher & Co.’s wholesale brokerage, binding authority and programs division known as Risk Placement Services has acquired Florida-based SeaCoast Underwriters. Gallagher, the global insurance...
Breckenridge Insurance Adds Two Experienced Underwriters To Team
Oct 12 2021 // IRVING, Texas, October 12, 2021 — Breckenridge Insurance expands its brokerage and binding team with the addition of two experienced underwriters Laura Phillips, CIC and Cindy Veselka. Both underwriters will focus on...
MGA Occam Acquires Terrorism Specialist Beech Underwriting Agencies
Oct 11 2021 // Occam Underwriting, the London-based specialist lines focused managing general agency (MGA), announced it is acquiring Beech Underwriting Agencies Ltd., subject to UK regulatory approval. Beech Underwriting is an approved...
Verisk Using AI to Gain Underwriting Insights From Yelp Reviews of Small Businesses
Oct 8 2021 // Global data analytics provider Verisk is leveraging artificial intelligence and image analytics to generate underwriting insights for small business insurers from more than 200 million reviews on Yelp, the company...
Risk Scores for Underwriters, Brokers Reveal Companies’ Likelihood of Being Sued
Oct 7 2021 // Last week, Praedicat, a liability risk analytics company, announced that it launched a new Company Risk Score designed to simplify the underwriting of complex emerging risks for liability insurance. The risk score, ranging...
People Moves: Management Changes at Safety National Re; Westfield Specialty’s New Underwriting Execs; UFG Searches for New CFO
Oct 5 2021 // Safety National Re Revamps Management Team Safety National Re, a division of Safety National Casualty Corp., made changes to its management team. Bob King, formerly senior vice president and chief underwriting officer of...
