Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Beazley Names Moy to New U.S. Marine Insurance Underwriting Team
Jan 4 2018 // Specialty insurer Beazley has appointed John Moy as U.S. marine insurance underwriter within its newly- launched U.S. marine platform. Moy will be responsible for underwriting and building the company’s U.S. hull,...
CFC Underwriting Launches New Product for U.S. Nutraceutical Companies
Jan 4 2018 // Specialist lines underwriting agency CFC Underwriting has added to its life sciences suite of products with a new insurance product designed specifically for nutraceutical businesses in the U.S. Coverages include products...
The Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles
Jan 3 2018 // Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had reached his annual capacity level. That was an underwriting model commonly used in the Lloyd’s and...
CNA’s Sather Joins AXIS Insurance U.S. Programs as Underwriter
Dec 22 2017 // Matthew Sather has joined the U.S. Programs, Property & Casualty team of AXIS Insurance business unit as a vice president of Underwriting. Sather is based in the company’s Chicago office and reports to John...
Sompo’s Nardiello Joins CNA Commercial’s Large/Complex Property Underwriting Team
Dec 21 2017 // CNA announced the appointment of Michael Nardiello as senior vice president of underwriting for Large/Complex Property. In this role, Nardiello will be based in New York City and report to Kevin Leidwinger, president and...
Volante Global to Launch in Q1 2018 as Multi-Class International MGA Platform
Dec 20 2017 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, will launch and commence trading during Q1 2018, subject to Lloyd’s coverholder approvals where...
Orchid Underwriters Taps Cyran as Chief Underwriting Officer in Florida
Dec 18 2017 // Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, has hired Andrew Cyran as chief underwriting officer, a new position within the organization. Effective immediately, Cyran will...
Fidelis Takes Equity Stake in New MGA Firestone Surety
Dec 15 2017 // Fidelis Insurance announced it has taken an equity stake in a new managing general agent (MGA) Firestone Surety Ltd., and will provide underwriting capacity. Details about the amount of Fidelis’ investment and...
Pioneer Underwriters Gets Lloyd’s Approval to Launch Syndicate 1980 on Jan. 1
Dec 14 2017 // Pioneer Underwriters announced it has received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after Jan. 1, 2018. Pioneer Syndicate 1980 will have a gross premium income of...
Arrowhead Expands Its New Small Business Underwriting Staff
Dec 14 2017 // San Diego, CA, December 14, 2017 – Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the addition of Alan Nelson as West region leader of Arrowhead Core Commercial. Al comes to Arrowhead with over 30...
Former Hartford Underwriter Reese Joins Pioneer Underwriters’ Georgia Team
Dec 13 2017 // Pioneer Underwriters has appointed Kellie Reese as an underwriter in its recently launched E&S Property operation. She will report to Dave Phillips, based in Alpharetta, Ga. Reese has almost 30 years of experience as a...
UK MGA Plum Opens Underwriting, Support Center in Basildon, England
Dec 13 2017 // Plum Underwriting, the specialist home insurance managing general agent in the UK market, has opened an underwriting and service center as part of its strategy to support continued growth. The center, located in Basildon,...
COUNTRY Financial Appoints Thorpe VP of Commercial/Agribusiness Underwriting
Dec 6 2017 // Andrea Thorpe, of Bloomington, Illinois, has been named vice president of Commercial/Agribusiness Underwriting at COUNTRY Financial. She replaces Sheri Bane who will retire in January 2018. Thorpe will lead the...
Coalition, a Cyber Insurer and Cybersecurity Firm, Makes Its Debut
Dec 6 2017 // Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is also a cybersecurity firm. Founded in March 2017, Coalition is co-founded by technology...
AIG Lures Berkshire Hathaway’s Bolt for Chief Underwriting Post
Dec 5 2017 // American International Group said Tom Bolt will join the company as chief underwriting officer, General Insurance. He will be responsible for developing a global framework for underwriting standards, authority and...
Maritime Program Group Promotes Kelly to Chief Underwriting Officer in Atlanta
Dec 5 2017 // Maritime Program Group, Inc. of Westbrook, Conn., has promoted Alison Kelly to chief underwriting officer. Kelly, partner and branch manager for the MPG Atlanta office and now CUO, will have oversight over all of...
AGCS Promotes Virji to Lead UK Cyber Team; Yu from Principia Named Senior U/W
Dec 4 2017 // Allianz Global Corporate & Specialty (AGCS) announced that Yogesh “Yogi” Virji has been promoted to lead the UK cyber team. In addition, Hui Yu will join the UK team as a senior underwriter in the new year....
People
Dec 4 2017 // Garrett Sprowls, general counsel and managing broker of Austin-based Professional Lines Underwriting Specialists Inc. (PLUS Inc.), has been elected president of the Texas Surplus Lines Association Inc. (TSLA). Other newly...
Four Reasons to Explore Underwriting Automation
Nov 28 2017 // This post is part of a series sponsored by CoreLogic. If you’re reading this blog, then you are likely interested in learning more about how you can make your company’s property underwriting process more...
Brit Appoints Brock as President of Newly Formed Scion Underwriting Managers
Nov 28 2017 // Brit Ltd. announced that insurance industry veteran, Scott Brock, has joined as president of newly formed specialty platform Scion Underwriting Managers. In this role, Brock will be responsible for building and managing...
