Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Altitude Risk Adds General Insurance Corp. of India to Capacity Providers
Jul 8 2015 // Altitude Risk Partners, Castel’s global aviation and space underwriting business, announced that it “has added the General Insurance Corporation of India [GIC], the world’s 15th largest reinsurer, to its...
7 Reasons to NEVER Extend Business Auto Coverage to an Employee-Owned Auto
Jul 7 2015 // First, the Reasons to NEVER Extend BAC Protection to an Individually-Owned Auto The employee’s Personal Auto Policy (PAP) extends coverage for most business uses of a covered auto. Using a BAC rather than a PAP may...
Castel Appoints Nugent Chief Underwriting Officer to Prepare New MGA Cells
Jul 1 2015 // UK-based Castel Underwriting Agencies, the club-style MGA formation platform, has appointed James Nugent as its first chief underwriting officer. He joins Castel from Amlin where he was head of underwriting performance and...
Berkshire Hathaway Specialty Expands in Australia, New Zealand
Jun 30 2015 // Berkshire Hathaway Specialty Insurance Co. (BHSI) said it is entering the healthcare underwriting market in Australia, and has appointed Tony Bainbridge, previously with American International Group (AIG), to lead the...
Web Services Turns Hit Ratios Upside Down for Surplus Lines MGA.
Jun 30 2015 // Dallas, TX, June 30 2015–To use a baseball metaphor, Texas All Risk General Agency (TAR) is batting .725 with Atlantic Casualty Insurance Company at the mid-year point. According to TAR VP David Day, “With the All...
All Risks in Maryland Hires Korn as Brokerage Underwriter
Jun 29 2015 // Independent insurance wholesaler All Risks Ltd. hired Stu Korn as brokerage underwriter in the Non-Standard Homeowners unit. In this role, Korn will be responsible for cultivating and growing personal lines business,...
Beazley Hires Kontonotas as Crime & Fidelity Underwriter in New York
Jun 26 2015 // Michael Kontonotas Specialist insurer Beazley hired Michael Kontonotas as an underwriter for the company’s crime & fidelity bond underwriting team. He will work from Beazley’s New York office. Kontonotas...
Phifer Elected to Lead Texas Association of Health Underwriters
Jun 25 2015 // Joe Phifer, senior account executive in the Assurant Employee Benefits’ Dallas sales office, has been elected president of the Texas Association of Health Underwriters. Phifer begins serving his one-year term as...
Blenkinsopp Named XL Catlin’s Chief Underwriting Officer, Political Risk Team
Jun 25 2015 // XL Catlin announced the promotion of Joe Blenkinsopp to the position of chief underwriting officer for its Political Risk and Trade Credit (PRTC) team. Blenkinsopp assumes the role with immediate effect, having previously...
Scottsdale’s Underwriting Senior VP Tiepelman to Retire
Jun 24 2015 // Scottsdale Insurance Co. announced that Gary Tiepelman, senior vice president of Contract and Professional Lines Underwriting, is retiring in August. Hired by founder Rollie Wiegers in 1982 as the company’s...
Newbridge Writes Political Violence, Terrorism Risks via Castel MGA Platform
Jun 24 2015 // Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets. The new underwriting cell will be focused on the...
MarketScout Adds Underwriters to Private Client Division in Southeast
Jun 19 2015 // MarketScout, the national electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, has expanded its Private Client Solutions (PCS) division with three new hires. According to Daniela Finch,...
Illinois’ Euclid Insurance Forms Financial Institutions Underwriting Unit
Jun 18 2015 // Euclid Insurance Services Inc. (Euclid), based in Itasca, Ill., has formed Euclid Financial Institution Underwriters LLC (Euclid Financial) and hired David McDonald and Jim Thomas to lead the new operation. Euclid...
Barbican Underwriter Elected Chair of Lloyd’s Market Association Cyber Group
Jun 15 2015 // Geoff White, underwriting manager for Cyber, Technology and Media at Barbican Insurance Group, has been elected chairman of the Lloyd’s Market Association’s (LMA) newly created Cyber Business Panel. White was...
Ramsey Joins Catalytic, Builds Wind Underwriting Team, Capacity
Jun 15 2015 // Specialist property catastrophe underwriting manager, Catalytic Holdings has hired industry veteran Sam Ramsey to lead its newly-formed wind underwriting business. Ramsey joins Catalytic from All-Risks Ltd. where he headed...
CNA Hires Dipasupil as VP of Underwriting in New York
Jun 12 2015 // Chicago-based CNA hired Jay Dipasupil as vice president, Underwriting, Errors & Omissions for Professional Services and Financial Institutions, reporting to Chris Leisz, chief underwriting officer and senior vice...
Where Cyber Insurance Underwriting Stands Today
Jun 12 2015 // “You would think the first question to ask would be: Do insured parties understand the elements and limitations of coverage?” said Kevin Kalinich, speaking on cyber risk. “The real first question is: Do...
Croom-Johnson Named MD of AEGIS London; 4 Senior Execs Promoted
Jun 12 2015 // AEGIS London has named David Croom-Johnson as its new managing director. The firm has also announced a series of promotions within its senior management team. Croom-Johnson, Syndicate 1225’s active underwriter since...
Shell: Insurers May Be Reluctant to Underwrite Carbon Capture Projects
Jun 12 2015 // Projects to capture carbon emissions from power plants and store them permanently underground face “large risk premiums” from insurers because the technology is so new, Royal Dutch Shell plc...
Ironshore Names Whitehead Chief Underwriting Officer for Special Casualty
Jun 10 2015 // Ironshore Inc. has named Kevin Whitehead as executive vice president and chief underwriting officer of the Specialty Casualty unit. He will be responsible for setting underwriting guidelines and strategies for existing and...
