Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
MS Amlin Names RSA’s Vogiatzidou as Senior Marine Underwriter in Dubai
Jun 18 2019 // MS Amlin, the London-based re/insurer, announced the appointment of Mary Vogiatzidou to the role of senior marine underwriter. Vogiatzidou will be based in MS Amlin’s Dubai office and will be responsible for the...
Data Deficit Remains Key Challenge for Cyber Insurance Underwriters
Jun 18 2019 // While there are “huge opportunities” on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with. “It’s...
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Jun 17 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even difficult-to-place, small or one-off inland marine risks at the best possible...
Underwriters Get Picky: 5 Trends to Watch in Construction Insurance
Jun 17 2019 // Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their...
People
Jun 17 2019 // National Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, has appointed Nick Greggains CEO of Pioneer’s U.S. operation, effective March 25. Greggains succeeds previous U.S. CEO Gene...
AGCS Appoints Kadow as Global Head of Marine; Fadden Named Global Head of Aviation
Jun 14 2019 // Allianz Global Corporate & Specialty SE (AGCS) is rearranging roles in the management team of its Specialty business segment. Effective July 1, 2019, Ulrich Kadow will be appointed as AGCS global head of Marine....
Berkley Names Argo’s Edwards as President of Verus Underwriting Managers
Jun 13 2019 // W. R. Berkley Corp. has appointed Marlo M. Edwards as president of Verus Underwriting Managers. Edwards succeeds Dale H. Pilkington, who is retiring. Edwards joins Verus with 20 years of experience in the property/casualty...
Fitch Says 2019 Could Be Better Than 2018 for Commercial Insurance
Jun 13 2019 // Fitch Ratings said it maintains a stable outlook for U.S. commercial lines, reflecting the potential for moderately better underwriting profits and the ability of insurers to withstand potential adversity due to capital...
BHSI Opens Office in S. Australia, Taps Holland from Chubb as Underwriting Manager
Jun 12 2019 // Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its presence in Australia to South Australia, opening an office in Adelaide and naming Monica Holland as underwriting manager. Holland will work...
Agents (Still) Looking for Underwriting Sweet Spot: Channel Harvest Survey
Jun 7 2019 // Whether technology is driving a “one size fits all” underwriting approach or carriers are narrowing their strike zone, this year’s independent agency survey from Channel Harvest reveals agents continue to...
Dunleavy Named Aspen Re’s CUO, Succeeding Issavi Who Moves to Ryan Specialty
Jun 7 2019 // Emil Issavi, previously Aspen Re’s president and chief underwriting officer and managing director of the Americas is taking on a new role as a senior executive of Ryan Specialty Group (RSG), RSG Underwriting Managers...
AIG Makes Changes at Top of Global P/C Underwriting, Validus
Jun 6 2019 // American International Group announced leadership appointments in its Global Chief Underwriting Office, adding underwriters with expertise in global property and casualty underwriting. These appointments are effective...
What is the Underwriter Thinking?
Jun 5 2019 // Got a really interesting question this week. The essence of it is that the agent has a customer with a homeowners’ policy. The company is planning to renew coverage with the house on Actual Cash Value (ACV), rather...
Hudson, Professionals’ Best Underwriters to Offer Architects & Engineers Program
Jun 5 2019 // Hudson Insurance Group has unveiled a new national architects & engineers professional liability insurance program that will be available exclusively through Professionals’ Best Underwriters. Beginning June 1,...
Szalkay Joins Appalachian Underwriters Brokerage Division in Florida
Jun 3 2019 // Jennifer Szalkay has rejoined Appalachian Underwriters’ Brokerage division in Sarasota, Fla. Now a senior broker, she will be working on specialty casualty and construction accounts in all 50 states. Jennifer...
P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best
Jun 3 2019 // The U.S. property/casualty industry posted net underwriting income of $4.2 billion in first-quarter 2019, a 24.0% increase from the same period in the previous year, according to preliminary financial results. According to...
International Marine Underwriters Enhances Ocean Cargo Coverage
May 30 2019 // International Marine Underwriters (IMU), a member of OneBeacon Insurance Group, has enhanced its ocean cargo policy with new coverages to address the needs of an increasingly global ocean marine market and a redesigned...
Appalachian Underwriters Hires 3 to its Commercial Specialty Division
May 29 2019 // Appalachian Underwriters, Inc. has hired three new underwriters to its Commercial Specialty division. April Cook comes to AUI with background in the underwriting industry, starting as a property and casualty renewal...
GuideOne in Iowa Names Pearson Sr. VP, Chief Underwriting Officer
May 24 2019 // West Des Moines, Iowa-based GuideOne Insurance has appointed Doug Pearson senior vice president and chief underwriting officer. In this role, Pearson is responsible for niche product management, home office underwriting,...
P/C Insurance Industry’s Net Underwriting Income Up 24% in Q1, Reports A.M. Best
May 21 2019 // The U.S. property/casualty industry posted net underwriting income of $4.2 billion in first-quarter 2019, a 24.0% increase from the same period in the previous year, according to preliminary financial results. According to...
