Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Connecticut’s CMIC Hires Cronin as Director of Underwriting
Jul 17 2018 // CMIC, a Glastonbury, Conn.-based, member-owned medical professional liability insurance company, has hired Garrett P. Cronin to the CMIC Group team as the director of underwriting. Prior to joining CMIC, Cronin worked for...
Industry Needs to ‘Question and Call Out’ Rogue MGAs, Says Chilton of Gallagher
Jul 17 2018 // While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire...
J.M. Wilson Adds Silverman as Assistant Transportation Underwriter in South Carolina
Jul 17 2018 // J.M. Wilson has added Cassandra Silverman as assistant transportation underwriter to its North Charleston, S.C., office. Silverman is responsible for quoting new and renewal business, corresponding with carrier...
J.M. Wilson Taps Francis, Gibbons and Hassan in Midwest
Jul 16 2018 // J.M. Wilson has named Steve Francis as assistant transportation underwriter in the Arlington Heights, Ill. office. The firm has also named Ryan Gibbons a transportation underwriter in the Westerville, Ohio office, and...
The MEMIC Group Promotes Pitts to Associate Underwriter in New Hampshire
Jul 13 2018 // To support continued growth within the New Hampshire market, Portland, Maine-headquartered workers’ compensation specialist The MEMIC Group has promoted Douglass Pitts to associate underwriter. Before joining The...
Lloyd’s Launches Digital Distribution Platform Called ‘Lloyd’s Bridge’
Jul 11 2018 // Lloyd’s, the specialist insurance and reinsurance market, has launched a digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and...
AF Group Drives into Commercial Auto with Fundamental Underwriters
Jul 11 2018 // Lansing, Michigan-based AF Group is branching out from its traditional base in workers’ compensation into the specialty commercial auto insurance niche, driven by a new operating company — Fundamental...
Venture Underwriters Opens Chicago Office, Expands Underwriting Team
Jul 10 2018 // Venture Underwriters Inc. (VUI) has opened a new office in Chicago, Illinois, and hired Janet Stoller as vice president to oversee the new branch location. Stoller brings more than 35 years of underwriting experience. She...
People
Jul 2 2018 // Trinity Underwriting Managers (TUMI), a division of Worldwide Facilities, has added Bill Acevedo as claims manager and Nick Blankenship as broker. The two will be based in its offices in Savannah, Ga. Acevedo, a former...
New Jersey’s Selective Insurance Group Announces Officer Appointments
Jun 28 2018 // Selective Insurance Company of America, a subsidiary of Branchville, N.J.-headquartered Selective Insurance Group Inc., has announced the following officer appointments. Maria Orecchio has been appointed to senior vice...
Folgate Insurance Co. Gets UK License to Write Re/Insurance Business
Jun 27 2018 // Folgate Insurance Co. Ltd. has received approval from the UK’s Prudential Regulation Authority (PRA) to start writing primary insurance, as well as reinsurance. All business written through Folgate will be...
What’s Ahead for Reinsurance Industry in 2018: Fitch
Jun 27 2018 // The global reinsurance industry demonstrated resiliency following the record level of catastrophe losses in 2017, as very strong capitalization and effective risk management enabled the sector to absorb the multiple hits...
International Underwriting Association Publishes Brexit Contract Continuity Clause
Jun 26 2018 // A Brexit clause has been published by the International Underwriting Association (IUA) to help companies manage insurance contracts as the UK leaves the European Union. The Brexit Contract Continuation Clause aims to...
Modernization, Underwriting Systems & Brexit Top COO Priorities: Lloyd’s Market Assn.
Jun 25 2018 // Market modernization, underwriting systems upgrades and Brexit preparations are the top three 2018 priorities of Lloyd’s market chief operating officers (COOs), a survey commissioned by the Lloyd’s Market...
Lewis Succeeds West as Leader of Chubb’s Mid-Market Commercial Lines; Rockwell Named Chief Underwriter
Jun 21 2018 // Chubb has appointed Paul Lewis North America Commercial Insurance Industry practice leader for its North American mid-market segment. He will be responsible for leading Chubb’s Commercial Insurance Industry practices...
Hamilton Underwriting Taps Chubb’s Lee-Amies as Head of Treaty at Syndicate 3334
Jun 21 2018 // Hamilton Underwriting Ltd., the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced that Neil Lee-Amies has joined the agency as head of Treaty. Lee-Amies reports to...
Amwins’ Davies Tapped to Lead New Property Underwriting Facility for Ryan Specialty Group
Jun 20 2018 // Chicago-based Ryan Specialty Group LLC (RSG) has named Katie Davies as president and CEO of a new, yet-to-be-named property catastrophe managing underwriting facility that will be exclusive to RT Specialty. Company...
Aon Launches Updated Thai Flood Model to Support Underwriters in Market
Jun 20 2018 // Aon plc, the London-based professional services firm, has launched an updated Thailand flood catastrophe model to improve understanding of this peril and help insurers build resilience for businesses and...
Appalachian Underwriters Hires Duran as Texas External Marketing Rep
Jun 18 2018 // Appalachian Underwriters Inc. has added Armando Duran as external marketing representative for Texas. He is based in the Dallas/Fort Worth area and will focus on agent relationships throughout the state. Duran comes to AUI...
Major Growth Plans Ahead for Schinnerer Group – Now Rebranded as ‘Victor’
Jun 18 2018 // Big changes are ahead at The Schinnerer Group, a managing general underwriter (MGU), which is getting a new name – Victor – and has some major expansion plans. From its current premium base of $1.2 billion,...
