Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Global Risk Partners Hires Lewer to Lead E-Trading; Lee for e-Trade Underwriting
Oct 12 2015 // Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been...
Nichols Joins J.M. Wilson as Personal Lines Underwriter
Oct 9 2015 // J.M. Wilson has added John Nichols as a personal lines underwriter in Portage, Mich. Nichols is responsible for quoting new and renewal personal lines risks, along with serving independent insurance agents in 21...
Tischer Joins ANV Underwriters’ M&A Insurance Team
Oct 8 2015 // ANV Underwriters, the international managing general underwriter (MGU) segment of specialty insurance group ANV Holdings, announced the appointment of Florian Tischer to its Mergers and Acquisitions (M&A) Insurance...
Waiting List for Insurers to Get Seats on Lloyd’s Underwriting Floor Hits Record
Oct 8 2015 // The waiting list for an insurer to get a spot on the underwriting floor of Lloyd’s of London is the longest in its 327-year history, indicating record demand for access to the market. Lloyd’s has requests for...
CRC Insurance Services to Acquire Connecticut Underwriters
Oct 6 2015 // CRC Insurance Services Inc., a wholesale insurance unit of BB&T Corporation’s principal subsidiary Branch Banking and Trust Company, announced an agreement to acquire Connecticut Underwriters Inc. in Middletown,...
Assessing First-Half P/C Insurance Results: A.M. Best
Oct 6 2015 // The property/casualty insurance industry is likely to post a third consecutive year of underwriting profits, considering its performance in the first half of the year and barring any late year catastrophic losses,...
European Property Underwriting Forms Capacity Agreement with 3 Risk Partners
Oct 6 2015 // European Property Underwriting Limited (EPU), a London-based property owners MGA, has secured an exclusive capacity arrangement with three risk transfer partners, led by HDI Gerling, with major co/reinsurance...
A.M. Best: Republic Underwriters Insurance Co. Ratings Under Review
Oct 5 2015 // A.M. Best has placed under review with positive implications the financial strength rating (FSR) of A- (Excellent) and the issuer credit rating (ICR) of “a-” of Dallas-based Republic Underwriters Insurance Co....
Markel International Names Hope as Senior Underwriter, Head of Mgmt. Liability
Oct 5 2015 // Markel International, the specialist insurer, has appointed Antony Hope as senior underwriter and head of the management liability account in its professional and financial risks division (PFR). Reporting to divisional...
XL Innovate, XL Group’s Venture Capital Company, Acquires New Energy Risk
Oct 2 2015 // Dublin-based XL Group plc announced that XL Innovate*, the venture capital fund sponsored by the company, has acquired all of the shares of New Energy Risk Inc. “New Energy Risk has developed and delivered to the...
XL Catlin Strengthens London Product Recall Underwriting Team
Sep 29 2015 // XL Catlin announced it has strengthened its London-based Product Recall team with the appointment of Natalie Lilley and the transfer of Ian Davidson. Natalie Lilley joins XL Catlin from Canopius where she has held the...
IFG Companies Hires Smith as Underwriting Manager in Connecticut
Sep 28 2015 // IFG Companies has hired Geoffrey J. Smith as underwriting manager of its nationwide Commercial Underwriting Renewal Center in Hartford, Connecticut. While managing the efficiency and effectiveness of the Commercial...
Planning the Special Event Insurance for Pope’s Philadelphia Visit
Sep 25 2015 // Pope Francis’ two-day visit to Philadelphia this weekend, which will close the Holy Father’s six-day apostolic journey to the U.S., has a special event policy in place with W.R. Berkley Corp. and OneBeacon...
Scottsdale Names Nelson to Lead Contract Underwriting
Sep 24 2015 // Surplus lines carrier Scottsdale Insurance Co. has named David Nelson as the leader of contract underwriting. David Nelson Nelson has been with Scottsdale Insurance since 1991. His most recent position was CFO for the...
Barrett Appointed Chief Financial Officer of Hamilton Underwriting Limited
Sep 24 2015 // Hamilton Underwriting Limited, the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Simon Barrett has been appointed to the position of chief...
Texas AG: Residential Underwriting Guidelines Not Confidential
Sep 15 2015 // The Office of the Attorney General of Texas (OAG) has issued an open records ruling indicating that residential property underwriting guidelines are not made confidential by Insurance Code, Section 38.002, the Texas...
Sequant Re Names Baillargeon as Chief Underwriting Officer
Sep 14 2015 // Bermuda-based Sequant Re appointed Victor Baillargeon as chief underwriting officer. With over 35 years of underwriting experience, Baillargeon will lead the development of Sequant Re’s underwriting strategies that...
Castel Underwriting Agencies Appoints Powell as 1st Claims Manager
Sep 8 2015 // Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed Vanessa Powell as its first claims manager. Powell joins from Mitsui Sumitomo Insurance Group where she was aviation claims manager....
BHSI Enters Australia Construction Insurance Market; Appoints Team Execs
Sep 8 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced it is providing comprehensive insurance and services for the construction industry in Australia and named a team of executives to oversee key areas of its...
Underwriters Sue Over Hole-in-One Jackpot in West Virginia
Sep 7 2015 // Insurance underwriters claim they shouldn’t have to reimburse a charity for payouts to golf fans for two holes-in-one made during the PGA Tour’s Greenbrier Classic in White Sulphur Springs, W.Va., because the...
