Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Lloyd’s Specialist Insurer Marketform Promotes Two Underwriters
Jun 8 2015 // Specialist Lloyd’s underwriter Marketform has announced the promotion of Ian West to Head of Financial and Professional Lines. He will also continue as the Class Underwriter for Financial Lines, reporting to Chief...
Specialty Insurance Group Appoints Peters as Underwriting Director
Jun 5 2015 // Specialty Insurance Group (SIG), based in Indianapolis, has appointed Marla Peters as director of Underwriting. In addition to her director responsibilities, Peters will act as a production underwriter in the recreational...
Lloyd’s Agency Ascot Appoints Casualty Fac Team for Ascot Underwriting in U.S.
Jun 4 2015 // Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Scott Beall as chief underwriting officer of casualty facultative and Lex Smart as senior vice president of Ascot Fac. The team will...
International General Insurance Hires 3 Underwriters for London Office
Jun 4 2015 // International General Insurance Holdings Limited (IGIH) announced that it has hired three senior underwriters at IGI UK “as part of a strategy for growing the London based operations. The company named Barry Marren...
J.M. Wilson Adds Farr as P/C Underwriter in Missouri
May 27 2015 // Insurance wholesaler J.M. Wilson added Andrea Farr in its Kansas City, Mo., office, as a property/casualty underwriter. Farr will serve independent insurance agents in Missouri, Kansas, Oklahoma, Arkansas, Mississippi and...
Are You One of THOSE Agents?
May 27 2015 // Most of my insurance career has been on the agency side, but I have also worked on the insurance carrier side. What I learned is that clearly neither side knows what the other side deals with on a daily basis. Agents think...
For P/C Insurers, 2014 Was Better Than Average Year
May 26 2015 // Analysts who predicted the U.S. property/casualty industry would have a tough time topping its 2013 results in 2014 were largely correct as there was some slippage. However, while property/casualty insurers were not as...
J.M. Wilson in Michigan Promotes Councell to Fleet Underwriter
May 21 2015 // Portage, MI.-based J.M. Wilson has promoted Jennifer Councell to fleet transportation underwriter. Councell is responsible for quoting new and renewal business for independent insurance agents in 21 states. Councell has...
Ascot, Chaucer & Skuld Form Underwriting Consortium for Renewable Energy
May 21 2015 // Ascot Underwriting Ltd. has formed Renewco Consortium (ReCo), a dedicated and independent underwriting platform for the renewable energy industry. The Lloyd’s consortium is jointly led by Ascot and Chaucer and...
Is it Flood or Water Damage – Part IV of Flood, Flood or Flood
May 21 2015 // To review prior articles, links are here for Part I, Part II, and Part III. Part IV What the Insured Said Let’s bring this discussion back full circle to discuss what happened. What did the insured actually mean by...
A.M. Best Upgrades Issuer Credit Ratings of Medical Mutual of North Carolina
May 21 2015 // A.M. Best has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating of A (Excellent) of Medical Mutual Insurance Company of North Carolina (Medical...
CNA Hardy Appoints Magnus as Senior Underwriter for Energy
May 20 2015 // CNA Hardy has appointed Clive Magnus as senior underwriter for energy, reporting to Carl Day, head of energy and marine. Magnus’ appointment follows a string of senior hires in the energy and marine team, including...
Florida-Based Orchid Underwriters Appoints Butler As CFO
May 20 2015 // Orchid Underwriters Insurance Agency, LLC, a specialty underwriter of property insurance focusing on coastal properties, has named Lynda Butler as chief financial officer. She will also become a member of the Executive...
ANV Holdings Forms Consumer Products Team for Lloyd’s Syndicate 5820
May 19 2015 // ANV Holdings has unveiled a new consumer products team within Lloyd’s Syndicate 5820, reporting to Bruce Whitmee, who was recently appointed active underwriter (subject to regulatory approval). Based in London, the...
ACE Appoints Kapoor as Terrorism & Political Violence Underwriter, UK & Ireland
May 19 2015 // ACE Group appointed Ashwin Kapoor as terrorism and political violence underwriter as it continues to invest in building its specialist insurance capabilities around the world. Reporting to Piers Gregory, terrorism...
Chubb Hires 3 from Fireman’s Fund High-Net-Worth Team
May 18 2015 // Three insurance professionals with experience in the high-net-worth customer segment have joined Chubb Personal Insurance (CPI). Jennifer Celmer, Robert Haibi and Eric Shanks have been appointed to management roles at...
MSIG at Lloyd’s Hires Eyres in Property Underwriting; Dougall Heads P&C
May 18 2015 // MSIG at Lloyd’s, the international specialty arm of Mitsui Sumitomo Insurance Group, has appointed Martin Eyres as property underwriting manager and promoted Andrew Dougall as head of property and casualty. Eyres,...
Incoming President Ware Talks About Canadian Expansion & Why AAMGA Is More Than MGAs
May 18 2015 // The American Association of Managing General Agents (AAMGA) expanded its membership again in 2015 with the addition of eight new organizations, all based in Canada. The Canadian organizations sought to become part of the...
P/C Insurers Post Underwriting Profit, Record Surplus for 2014
May 18 2015 // The U.S. property/casualty insurance industry posted its second consecutive year of profitable underwriting results in 2014, according to A.M. Best. Surplus for this sector increased by $21.9 billion and reached another...
Outlook for Dallas-Based MGA Insurance Revised to Positive
May 15 2015 // A.M. Best has revised the outlook to positive from stable for the issuer credit rating (ICR) of MGA Insurance Co. Inc. (MGA) in Dallas and affirmed its ICR of “bbb.” Concurrently, A.M. Best has affirmed the...
