Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People: Millers Mutual Promotes Hess, MEMIC Hires Three to Underwriting Team
Jul 27 2021 // Millers Mutual Insurance Promotes Hess to VP, Chief Information Officer Millers Mutual Insurance, a regional property/casualty insurance carrier, promoted Samuel Hess to vice president and chief information officer,...
Amwins Underwriting Division Expands Portfolio with New Oil & Gas Programs
Jul 20 2021 // With a focus on delivering unmatched underwriting acumen via programs that fill complex needs within the market, Amwins Underwriting is excited to announce the launch of two new Oil and Gas programs: Oil & Gas...
TransRe Reorganizes Global Underwriting Structure, Promoting Key Leaders
Jul 19 2021 // TransRe has reorganized its global underwriting structure and promoted key leaders in the areas of Regional Markets, North America, Global Portfolio Management, Europe and Asia Pacific. In addition, it has restructured its...
Applied Underwriters Acquires Generali’s U.S. Specialty Lines Division
Jul 12 2021 // Applied Underwriters has acquired the U.S. Specialty Lines division of Generali Group including Generali Warranty Services, which offers extended warranty programs and contractual liability insurance services. Applied...
MGA Rokstone Receives Coverholder License to Underwrite in Africa
Jul 12 2021 // Rokstone, the international speciality re/insurance MGA, part of the Aventum Group, announced it has secured an insurance agent license from the Financial Services Commission in Mauritius (FSC). The company is now fully...
Consilium Unveils Delegated Underwriting Authority Services for Re/Insurance Market
Jul 9 2021 // Consilium, the London-based insurance and reinsurance broker, part of the Aventum Group, has unveiled “Exponential,” a new global delegated underwriting authority (DUA) service for coverholders, which aims to...
Amynta Group Acquires Scion Underwriting Services in Texas
Jul 1 2021 // Amynta Group has acquired Scion Underwriting Services from Brit. Scion will continue under the leadership of Scott Brock, president of Scion and Michael Hattaway, senior vice president. Terms of the deal were not...
CFC Underwriting’s Lloyd’s Syndicate Opens for Trading
Jun 21 2021 // CFC, the London-based managing general agent, announced that CFC Syndicate 1988 is open for business. In addition to risk capital provided by CFC, the syndicate worked with Aon Capital Advisory to attract third-party...
P/C Insurers’ Underwriting Income Fell 53% in First Quarter: AM Best
Jun 21 2021 // The U.S. property/casualty industry saw its net underwriting income fall in first-quarter 2021 by 53% as compared with the same prior-year period, according to preliminary financial results analyzed by AM Best. Increased...
Scale Underwriting Introduces Social Media Influencer Liability
Jun 18 2021 // Scale Underwriting, a Founder Shield company that provides tailored insurance products for high-growth companies, has launched Scale Social, a media liability insurance policy for social media influencers and their...
A.J. Gallagher Acquires Ontario’s Excess Underwriting Co.
Jun 16 2021 // Global insurance broker Arthur J. Gallagher & Co. has acquired Markham, Ontario-based Excess Underwriting Co., a property/casualty managing general agency (MGA) and Lloyd’s broker serving insurance brokers and...
Tysers’ Aylward to BMS’ Delegated Underwriting Authority Division; JLT/Marsh’s Beere to Aston Lark Unit Incepta; Howden’s Jenner to Oneglobal
Jun 10 2021 // This wrap-up of international People Moves details recent appointments at three London-based brokers: BMS, Incepta (a subsidiary of Goldman Sachs-backed Aston Lark), and Oneglobal Broking. A summary of these new hires...
Accelerant Acquires North Carolina’s Agribusiness Risk Underwriters
Jun 10 2021 // Accelerant, a technology-based insurance platform, has acquired Agribusiness Risk Underwriters (ARU), a provider of poultry farm insurance product development, underwriting and loss control. ARU was founded in 2016 in...
P/C Insurers’ Underwriting Income Fell 53% in First Quarter: AM Best
Jun 4 2021 // The U.S. property/casualty (P/C) industry saw its net underwriting income fall in first-quarter 2021 by 53% as compared with the same prior-year period, according to preliminary financial results analyzed by AM...
Brit Launches Consortium to Simplify Underwriting of Marine War Breach Call Risks
Jun 3 2021 // Brit Ltd. announced the creation of a marine consortium called “Keel,” which aims to revolutionize the writing of marine war and breach call risks. Keel offers up to $152.2 million of capacity per risk and...
Africa Specialty Risks Launches Parametric Underwriting Division
May 24 2021 // Africa Specialty Risks (ASR), the pan-African focused managing general agent, announced the launch of its parametric division, alongside the appointment of Dr. Raveem Ismail as head of Parametric Underwriting and Ian...
Square Pegs Becomes Castel Underwriting Cell, Offering Cover for Complex SME Risks
May 20 2021 // Square Pegs, which offers specialist insurance coverage for complex and unusual risks via a dedicated e-trading platform, has become a standalone underwriting cell within Castel Underwriting Agencies Ltd. Focused on small...
People Moves: AXA XL Canada Names 5 Underwriters; MS Amlin Appoints 2 at Reinsurance Business
May 13 2021 // This wrap-up of international People Moves details recent appointments at AXA XL and MS Amlin. AXA XL announced that it has added five Toronto-based underwriters to strengthen its casualty, professional liability and...
ArgoGlobal Provides Capacity of $25M for Green Finance MGA Tierra Underwriting Ltd.
May 13 2021 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has formed a partnership with green finance managing general agency, Tierra Underwriting Ltd. ArgoGlobal is providing $25 million in underwriting capacity to...
Trinity Underwriting Managers, Obsidian Partner on Auto Liability Offering
May 5 2021 // Trinity Underwriting Managers (TUMI), part of Amwins Underwriting, has formed a new carrier partnership with Obsidian, an A.M. Best rated “A-” hybrid fronting program carrier. The partnership will add to...
