Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
MGA Aqueous Secures New Professional Indemnity Capacity From Great American Int’l
Feb 1 2022 // Aqueous Underwriting has secured increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022. The specialist managing general agent can now offer cover for limits up...
People Moves: Chubb Hires Global Aerospace’s Abbott; Brit Names Chaganty as Chief Data Officer; WTW Taps Marsh’s Gardner for GB Renewable Energy & Power Team
Feb 1 2022 // This edition of International People Moves details appointments at Chubb Global Markets, Brit Ltd. and Willis Towers Watson. A summary of these new hires follows here. Chubb Global Markets Appoints Abbott as Product Head...
Chaucer Forms Renewable Power Team in Move to Expand Energy Division
Feb 1 2022 // Specialty re/insurance group Chaucer announced the creation of a dedicated team for Renewable Power as part of plans to broaden its Energy Division and provide dedicated support to oil and gas clients as they transition...
Insurtech Descartes Underwriting Raises $120M to Expand Parametric Product Offering
Jan 31 2022 // Descartes Underwriting, the insurtech company that specializes in parametric natural catastrophe products, has announced a $120 million Series B funding round. Growth equity firm Highland Europe is leading the...
People’s Trust Must Hand Over Underwriting Manuals in Claims Litigation, Court Says
Jan 27 2022 // A property insurer must give up its underwriting manuals in a claims dispute, a Florida appeals court said Wednesday. In People’s Trust Insurance Co. vs. Theodore Foster, the 1st District Court of Appeals in...
People Moves: Peak Re Appoints Echo Re’s Nowakowski to Lead P/C Underwriting; Gallagher Re Hires EMEA Dir. for Public-Private Initiatives; Pool Re’s Enoizi to Work With Cambridge Centre for Risk Studies
Jan 25 2022 // This edition of International People Moves details appointments at Peak Re, Gallagher Re and the Cambridge Centre for Risk Studies. A summary of these new hires follows here. Peak Re Appoints Echo Re’s Nowakowski as...
MGA Pen Underwriting Forms 2 New Capacity Deals With QBE Worth £300M
Jan 24 2022 // Pen Underwriting announced two new long-term UK capacity deals with QBE in the highly specialist areas of public authority and higher education risks, as well as hazardous goods, environmental industries and tanker...
QBE Alleges Poaching of Aviation Team; Applied Underwriters Denies Wrongdoing
Jan 21 2022 // Insurer QBE has filed a lawsuit alleging a poaching scheme by a number of its former aviation division employees and specialty insurer Applied Underwriters. QBE’s complaint involves the resignation of a total of 13...
In Both Hard and Soft Markets, Zurich Aims to Maintain Focus on Underwriting Discipline
Jan 20 2022 // Zurich Insurance Group has worked hard to turn around its financial results over the past five years by bringing underwriting back to the organization, with a greater focus on selecting the right risks, pricing them...
People Moves: Southern Adds Garage Underwriter in Georgia
Jan 18 2022 // Southern Insurance Underwriters, a managing general agency based in Atlanta, has named Whitney Griffith new underwriter for garage insurance. Griffith, who will be in SIU’s Alpharetta, Georgia, office, has more than...
Jamey Schoenhard Promoted to VP, Underwriter of Specialty Property Program Team at Breckenridge Insurance
Jan 14 2022 // IRVING, Texas, January 14, 2022 — Breckenridge Insurance announces the promotion of Jamey Schoenhard to vice president, underwriter of the specialty property program team. Schoenhard has twelve years of experience in...
People Moves: BHSI Promotes Kidd to Country Mgr., Ireland; BMS Iberia Hires WTW’s Melero for Affinity Practice; Fidelis Promotes Jarvis to Deputy Dir. of Underwriting
Jan 11 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, BMS and Fidelis Insurance. A summary of these new hires follows here. BHSI Promotes Kidd to Country Manager,...
MGA First Underwriting Forms £1B, 5-Year Capacity Deal With R&Q’s Accredited
Jan 11 2022 // First Underwriting Ltd., the London-based specialist MGA that is part of Kingfisher UK Holdings, announced a five-year capacity deal to place approximately £1 billion (US$1.4 billion) of gross written premium into the...
Charles Taylor Acquires Kentucky-based Underwriters Safety & Claims
Jan 6 2022 // Charles Taylor, a claims management and insurtech firm, announced it has acquired Kentucky-based Underwriters Safety & Claims, a third-party administrator. US&C, headquartered in Louisville but with offices around...
Acrisure Acquires Wholesaler Appalachian Underwriters
Jan 5 2022 // Financial services distribution firm Acrisure has acquired Appalachian Underwriters, a national managing general agency and third-party administrator, along with its affiliated entities. Oak Ridge, Tennessee-headquartered...
Cyber Insurtech Corvus Buys Lloyd’s Coverholder Tarian Underwriting Ltd.
Jan 4 2022 // Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd. Tarian operates a cyber underwriting platform that provides cyber...
Pro MGA Solutions Provides MGA Incubator Platform for Tierra Underwriting Ltd.
Dec 20 2021 // Global re/insurance adviser Pro Global Holdings Ltd. announced the incubation of environmentally focused managing general agent, Tierra Underwriting Ltd., by its independent managing general agent incubator subsidiary, Pro...
People Moves: Zurich Names Way Head of Sustainability Underwriting; Rockford Mutual Adds Burns, Savage
Dec 15 2021 // Zurich North America Names Mark Way as Head of Sustainability Underwriting Zurich North America has named Mark Way as their new Head of Sustainability Underwriting. Way reports to Chief Underwriting Officer Brandon Fick...
People Moves: WTW’s Swift Joins London Market Group Board; Carbon Underwriting Hires Antares’ Coates; Dale Underwriting Names ArgoGlobal’s Turner for Property
Dec 14 2021 // This edition of International People Moves details appointments at the London Market Group, Carbon Underwriting and Dale Underwriting Partners. A summary of these announcements follows here. WTW’s Swift Joins Board...
Specialist Risk Group Launches MGA Called MX Underwriting
Dec 14 2021 // Specialist Risk Group (SRG) announced the launch of MX Underwriting. Led by Lee Anderson, SRG deputy CEO, and James Gerry, MX chairman, MX aim to be a £100 million gross written premium business within its first year of...
