Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Skuld Lloyd’s Syndicate 1897 Appoints 2 Marine Hull Underwriters
Apr 12 2016 // Skuld, the Oslo, Norway-based marine insurance provider, announced the recruitment of Paul Fry and Sarah Wilson to Skuld’s Lloyd’s Syndicate 1897, the specialist marine and energy syndicate. Fry joins as deputy...
Hamilton Underwriting Names Osorio as Head of Property Direct & Facultative
Apr 11 2016 // Hamilton Underwriting Ltd., the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced today that Miles Osorio has been hired as head of Property Direct...
Contego Underwriting Opens Office in Miami
Apr 7 2016 // Contego Underwriting — the specialist (re)insurance provider to the international construction and engineering markets, and part of Pen Underwriting — has opened a new office in Miami, to provide support and service to...
UK-Based THB, Secures Motor Fleet Arrangement with Unicorn Underwriting
Apr 6 2016 // THB, the London-based specialist insurance and reinsurance broker, announces it has secured an exclusive wholesale broking arrangement with Unicorn Underwriting for UK motor fleet business. Unicorn Underwriting recently...
Patriot National Launches Online Risk Management Marketplace
Apr 6 2016 // Patriot Risk Consultants (PRC), a subsidiary of Patriot National, Inc. has launched PN BidExpert, an online marketplace to connect underwriters and risk managers with loss control engineers. PN BidExpert works by matching...
Georgia-Based Trinity Underwriting Managers Hires Finley as Senior Broker
Apr 6 2016 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has hired Bonita Finley as a senior transportation broker. Finley will help manage TUMI’s local and intermediate trucking business as...
Chubb’s Shanks, ACE’s Huntley Join QBE North America High Net Worth Expansion
Apr 5 2016 // QBE North America announced two executive appointments to support growth in personal insurance and expansion into the high net worth market. Eric Shanks has been appointed senior vice president, High Net Worth. In this...
ArgoGlobal Appoints Summers as Credit and Political Risks Underwriter
Apr 5 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Andrew Summers as credit and political risks underwriter. He will report to Jeremy Shallow, credit and political risks class...
Ryan Direct Group Completes Acquisition of Midas Underwriting
Apr 4 2016 // Ryan Direct Group, the subsidiary of Chicago-based Ryan Specialty Group, announced the completion of the acquisition of Midas Underwriting, which was completed on March 31, following regulatory approval. This transaction...
Watford Re Forms E&S Insurer Watford Specialty, Partnering with Arch
Apr 4 2016 // Watford Re Ltd. has formed a new excess and surplus lines insurer called Watford Specialty Insurance Co. (WSIC), based in Morristown, N.J. WSIC’s lines of business “will be similar to what we’ve been...
Growth in Cyber Coverage Expected as Underwriting Evolves
Apr 4 2016 // With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more by 2025, insurers and reinsurers are continuing to refine underwriting requirements, according to industry...
Uncertainties Outweigh Growth Benefits When P/C Insurers Take On Too Much Cyber Risk, Rating Agency Warns
Apr 4 2016 // If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a rating agency has warned. Cyber attacks pose dangerous risks and uncertainty...
AmWINS’ MGA Unicorn Names Nightingale as CEO, Cashen as Motor Fleet U/W
Mar 30 2016 // Charlotte, N.C.-based broker AmWINS Group Inc. announced the appointment of Darren Nightingale as chief executive officer of its London-based managing general agent, Unicorn Underwriting. Nightingale will be joined by...
Blue River Underwriters Expands Auto Dealer Program Nationally With Acquisition of Platinum Program Managers and Insurance Services
Mar 30 2016 // Atlanta, GA, March 30, 2016 — Blue River Underwriters, a Breckenridge Insurance Group company, has acquired California-based wholesale commercial auto insurance provider Platinum Program Managers and Insurance Services....
Marketform Committed to All Current Underwriting Lines After Strategic Review
Mar 29 2016 // Specialist Lloyd’s underwriter Marketform has confirmed its commitment to all its current underwriting lines after completing a strategic review. These remaining lines are: accident & health, travel; bloodstock...
Fidelis Insurance Promotes Savill to Group Chief Underwriting Officer
Mar 24 2016 // Fidelis Insurance announced that Ben Savill has been promoted to group chief underwriting officer, subject to approval from the Bermuda Department of Immigration. He assumes this role from Richard Brindle who held it...
Update: Lloyd’s Underwriter Marketform Sells UK Med Mal Businesses to Beazley
Mar 24 2016 // Specialist Lloyd’s underwriter Marketform announced it has sold its UK Open Market Medical Malpractice and UK / International Delegated Authority Insurance businesses to Beazley. The team being transferred is led by...
Rating Agency Warns P/C Insurers on Taking On Too Much Cyber Risk
Mar 21 2016 // If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a rating agency has warned. Cyber attacks pose dangerous risks and uncertainty...
Zika Exclusion Now Commonplace in Cancellation Cover for Latin America Events
Mar 21 2016 // Organizers of rock concerts and conferences in Latin America or fringe events at the Rio Olympics beware: if you still need insurance to cover cancellation due to the Zika virus, it’s probably too late. The...
CNA Appoints Dieter Korte VP Underwriting, Manufacturing
Mar 16 2016 // Chicago-based CNA has appointed Dieter Korte as vice president, Underwriting for the company’s Manufacturing Segment. He will report to John Tatum, senior vice president, Commercial Segments. Dieter joins CNA from...
