Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Beazley’s Chief Underwriting Officer, Maidment, Elected to Council of Lloyd’s
Jan 8 2016 // Neil Maidment, Beazley’s chief underwriting officer, has been elected to the Council of Lloyd’s for a three year term, beginning on Feb. 1. Maidment has worked in the Lloyd’s market for 31 years,...
ArgoGlobal Appoints Shallow as Credit & Political Risks Underwriter
Jan 8 2016 // ArgoGlobal has appointed Jeremy Shallow as Credit and Political Risks Class underwriter. He takes up his position with immediate effect, reporting to John Moffatt, head of Specialty. Shallow joins the company from Aspen...
Ryan Direct Agrees to Acquire Northern Ireland MGA, Midas Underwriting
Jan 8 2016 // Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory...
Zurich Global Corporate North America Names AIG’s Pickens as Chief Underwriter
Jan 7 2016 // Don Pickens is the new chief underwriting officer for Zurich’s Global Corporate in North America (GCiNA). The position was previously held by Patrick Daley, who will assume a new role as head of Property for the East...
N.J. Insurance Underwriting Association to Implement Rate Increase
Jan 6 2016 // The New Jersey Insurance Underwriting Association (NJIUA), the state’s residual property insurance plan, said it has received approval from the Department of Banking and Insurance to implement an overall rate...
Swiss Re Corporate Solutions to Buy Stop Loss Underwriter IHC Risk
Jan 6 2016 // Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from Independence Holding Co. for $152.5 million in cash. The transaction includes IHC Risk...
Aspen Insurance Appoints Global Product Heads
Jan 6 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., announced the appointment of new global product heads as part of its strategy to leverage its global platform and better align product...
VistaNational Insurance Acquires Business Insurance Underwriters
Jan 5 2016 // Oak Brook, Ill.-based VistaNational Insurance Group Inc. has acquired Business Insurance Underwriters of Wheaton, Ill. Terms of the transaction were not disclosed. VistaNational Insurance specializes in employee benefits....
6 Forecasts for P/C Insurance in 2016
Jan 4 2016 // Some, but not all, experts see an improving U.S. economy in 2016 helping to boost the property/casualty (P/C) insurance sector. Some of these prognosticators are more optimistic than others. But most also anticipate...
Amlin Appoints Lead Underwriter to Build Latin American Business
Jan 4 2016 // Amlin plc, the specialist international insurer, has appointed Lucas Castagnino as lead underwriter, as momentum behind the build out of its Latin America underwriting activities gathers pace. With experience in the Latin...
Tokio Marine Kiln Appoints Dreblow as Head of Corporate & Commercial Property
Dec 30 2015 // Tokio Marine Kiln (TMK), the provider of specialist and corporate insurance, has appointed Paul Dreblow as head of Corporate and Commercial Property in its London office. The newly created position will see Dreblow...
CNA Hardy Appoints Rollins as Direct & Facultative Property Senior Underwriter
Dec 30 2015 // CNA Hardy, a specialist commercial insurance provider for clients within the Lloyd’s and company markets, has appointed Jason Rollins as direct & facultative property senior underwriter. Previously, Rollins was...
Tokio Marine Kiln Hires Brand & Lynchehaun as Liability Underwriters in London
Dec 29 2015 // Tokio Marine Kiln (TMK), the provider of specialist and corporate insurance, has appointed Andrew Brand and Dervla Lynchehaun as liability underwriters in its London office. With more than a decade of experience, Brand...
Brethren Mutual Hires Foltz as Personal Lines Underwriting Manager in Maryland
Dec 22 2015 // Kimberly Foltz The Brethren Mutual Insurance Company in Hagerstown, Maryland, has hired Kimberly Foltz as Personal Lines underwriting manager. Foltz brings 26 years of insurance experience in property/casualty marketing...
Ratings of Cincinnati Specialty Underwriters Insurance Co. Upgraded
Dec 22 2015 // A.M. Besthasupgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and the issuer credit rating (ICR) to “aa-” from “a” of The Cincinnati Specialty Underwriters Insurance...
Marketform M&A Underwriter O’Reilly Moves to London as Sector Expands
Dec 21 2015 // Specialist Lloyd’s underwriter Marketform announced that M&A underwriter Astrid O’Reilly is relocating from Singapore to London as the company looks to strengthen the M&A product offering within the...
J.M. Wilson Hires Stum as Transportation Underwriter
Dec 18 2015 // J.M. Wilson has added Danyelle Stum as transportation underwriter in its Carmel, Ind., office. Stum will quote new and renewal transportation accounts, and serve independent insurance agents in Indiana. Prior to joining...
Hiscox Appoints Golder to Head Marine Cargo Business Re-Entry
Dec 17 2015 // Hiscox London Market has appointed Richard Golder as Marine Cargo Line Underwriter, marking the insurer’s re-entry into the marine cargo business. Golder will be supported by Jack Bryan who takes on the role of...
Specialty MGA Nexus Underwriting Acquires Millstream
Dec 17 2015 // Specialty MGA, Nexus Underwriting Management Limited, announced that it has acquired City of London based Millstream Underwriting Limited, an independent managing general agency specializing in travel personal accident and...
J.M. Wilson Adds Montgomery as Asst. Underwriter in Missouri
Dec 17 2015 // J.M. Wilson has hired Ashley Montgomery as assistant underwriter in its Kansas City, Mo., office. Montgomery assists the property/casualty and transportation underwriting departments with setting up and binding policies...
