Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Surviving the ‘Silver Tsunami’: Closing the Talent, Skills Gap in Underwriting
Dec 20 2024 // With a “silver tsunami” of skilled underwriters eligible to retire in coming years and a shift in employee expectations, recruitment and retention is a critical focus for the insurance industry right now, said...
People Moves: Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter; Chubb Promotes Latter to Lead Claims for Overseas General Insurance
Dec 17 2024 // This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. A summary of these new hires follows here. Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber...
People Moves: JM Wilson Promotes and Hires for Underwriting Positions
Dec 17 2024 // JM Wilson, headquartered in Portage, Michigan, promoted several team members and made new hires to its underwriting team. Priya Albert Priya Albert was promoted to property and casualty underwriter. Albert works with...
People Moves: DUAL North America Appoints Casualty Underwriting Leaders
Dec 10 2024 // Andreas Graham DUAL North America, headquartered in Naples, Florida, appointed Andreas Graham as executive vice president of the EIURS team, a division of DUAL, and Ed Frey as senior vice president of professional...
Etesian Underwriters Drives Powerful Solutions for Financial Institution Risks
Dec 9 2024 // SCOTTSDALE, Ariz., December 9, 2024 – Etesian Underwriters, an expert financial institutions underwriting shop, today announced the launch of its program for middle market and smaller sized financial institution...
AM Best: US P/C Industry Reverses Nine-Month Underwriting Loss
Dec 4 2024 // Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S. property/casualty industry posting a nine-month 2024 underwriting profit of $4.1 billion versus a loss...
People Moves: Ryan Specialty Underwriting Managers Int’l Names Birrell Exec Chair, Montgomery as CEO; Howden Re Taps Aon’s Kroely as MD for Continental Europe
Dec 3 2024 // This edition of International People Moves details appointments at Ryan Specialty and Howden Re. A summary of these new hires follows here. Ryan Specialty Underwriting Managers Int’l Names Birrell Exec Chair,...
Oak Reinsurance Gets Permission From Lloyd’s to Begin Underwriting in January
Nov 26 2024 // Oak Reinsurance (OAK Re), the London-based reinsurance company, announced that its Lloyd’s Syndicate 2843 has received permission to begin underwriting business incepting from Jan. 1, 2025. This follows the approval...
People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia
Nov 22 2024 // This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial. A summary of these new hires follows. Markel Taps AEGIS London’s Pressman as Senior...
Key Benefits of Underwriter Link: Seamless Integration with Legacy Systems and Enhanced Client Satisfaction for Wholesalers, MGAs, and Brokers
Nov 21 2024 // This post is part of a series sponsored by Selectsys. In the competitive insurance industry, Wholesalers, MGAs, and Brokers are always seeking ways to streamline operations, integrate new technology with legacy systems,...
2025 Underwriting Trends for Worship Facilities
Nov 18 2024 // As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations between insurance agents and brokers and their customers. For worship facilities, some...
To Manage the Cycle Effectively, Focus on Underwriters’ Behavior
Nov 14 2024 // Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters find ways to adjust technical prices downwards? In the second part of a two-part...
People Moves: Price Forbes Taps BMS’s Morgan for Global Construction Team; MGA Altea Insurance Names Dixon as Senior Underwriter
Nov 13 2024 // This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance. A summary of these new hires follows here. Price Forbes Taps BMS’s Morgan for Global...
Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO
Nov 12 2024 // Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing cyber underwriting activities: Envelop Risk Bermuda and Envelop...
Transforming Insurance Operations Across All Lines of Business with Underwriter Link
Nov 12 2024 // This post is part of a series sponsored by Selectsys. In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance...
AIG General Insurance Underwriting Profit Falls 28% in Q3
Nov 5 2024 // American International Group saw third quarter underwriting income in its general insurance segment fall 28% to $437 million due to higher catastrophe losses and lower favorable development on prior year reserves. The...
People Moves: Aon Underwriting Managers Appoints LSM’s Clapham as CUO; Lloyd’s Taps Aviva’s Adams as Chief People Officer, Succeeding Gomez
Nov 4 2024 // This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London. A summary of these new hires follows here. Aon Underwriting Managers Appoints LSM’s Clapham as...
NC Insurers Warned About Using Flood Denials in Underwriting
Nov 4 2024 // North Carolina Insurance Commissioner Mike Causey is reminding property insurers to refrain from raising homeowners’ premiums just because an insured filed a claim or inquiry in order to qualify for flood insurance...
Transforming Cyber and Tech E&O Insurance with Underwriter Link
Oct 30 2024 // This post is part of a series sponsored by Selectsys. As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage....
Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’
Oct 29 2024 // Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both...