Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
J.M. Wilson Adds Henderson-Paul as Asst. Underwriter in Illinois
Dec 15 2015 // J.M. Wilson has hired Cassie Henderson-Paul as assistant property/casualty underwriter in its Arlington Heights, Ill., office. Henderson-Paul assists the property casualty underwriting department with setting up and...
Hiscox Names Holberry to Head Alternative Distribution Operations
Dec 15 2015 // Adam Holberry has been appointed as Hiscox London Market’s new head of Alternative Distribution as the business looks to work with brokers and underwriting partners to develop new and additional areas of insurance...
7 Simple Underwriting Questions Nobody Asks
Dec 14 2015 // First, let’s be clear – this is only a SMALL sampling of simple questions agents and underwriters fail to ask! There are dozens of simple, common sense questions that are often skipped – why remains a...
Brown Named Marketform’s M&A Insurance Global Practice Leader
Dec 14 2015 // Specialist Lloyd’s underwriter Marketform announced the appointment of Robert Brown as the Global Practice Leader of its Mergers & Acquisitions (M&A) Insurance operations. He joins to lead the team of...
U.S. Risk Announces Acquisition of Matias Underwriters, LLC.
Dec 10 2015 // Names Glenn Matias National Practice Leader and Vice President for the Workers Compensation Divisions of U.S. Risk Underwriters, Inc. Dallas, TX, December 10, 2015- U.S. Risk Insurance Group, Inc., the nations’ sixth...
Florida’s Normandy Insurance Hires Primato as Senior Field Underwriter
Dec 10 2015 // Normandy Insurance has hired Frank Primato has been hired as senior field underwriter. In his new position, Primato will develop and service the agency distribution network in Central Florida. Primato has more than 14...
2015- Modernization in the Non-Admitted Market
Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...
Rockhill Insurance Realigns Underwriting Management Team
Dec 8 2015 // Rockhill Insurance Group, based in Kansas City, Mo., announced it has realigned its organizational underwriting structure to better serve wholesale brokers. Chief Operating OfficerDoug Goodenow presides over three main...
Red Shield Names Tufts Underwriting Department Manager in Oregon
Dec 8 2015 // Red Shield Insurance Co. has named Kevin Tufts an underwriting department manager in Portland, Ore. Tufts has 21 years of experience in commercial lines underwriting. He started his insurance career as a workers’...
Softening of P/C Commercial Markets, Including D&O, to Continue: Fitch
Dec 8 2015 // U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to stay on this path for the near-term even as several large competitors...
Cyber Insurance Underwriting Moves from ‘Toddler’ to ‘Teen’ As Insurers Learn from Claims
Dec 8 2015 // Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line. But one...
Growth in Cyber Insurance Sustainable if Underwriting, Pricing Are Right
Dec 7 2015 // Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line. But one...
Insurance Company Profitability
Dec 7 2015 // The past 10 years has been incredibly profitable for insurance companies. Net income for the industry – that is net, not pretax – has equaled $448 billion; that’s almost half a trillion dollars. It is not chump...
U.S. Risk Insurance Group Acquires Matias Underwriters in Boston
Dec 2 2015 // U.S. Risk Insurance Group Inc., a managing general agency and surplus lines wholesaler based in Dallas, announced that it has acquired Matias Underwriters LLC in Boston. Terms of the transaction were not disclosed. Matias...
Kimberley Appointed Chief Underwriting Officer of Ascot Underwriting (Bermuda)
Dec 2 2015 // Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Simon Kimberley as chief underwriting officer of Ascot Underwriting (Bermuda) Ltd. Kimberley transferred to AUB in 2014 as underwriter...
ACE Announces Future Leadership Team for Global Surety Business Unit
Dec 2 2015 // ACE Ltd. announced the leadership team it has appointed for the company’s Global Surety business unit, which will take effect upon completion of the acquisition of Chubb, expected in the first quarter of 2016. As...
AXIS Capital to Write Treaty Reinsurance Business via Lloyd’s China Platform
Dec 2 2015 // Bermuda-based AXIS Capital Holdings Ltd. announced that AXIS Syndicate 1686 has recently received approval from Lloyd’s for the establishment of an underwriting division at Lloyd’s Insurance Company (China)...
All Risks Acquires Florida-Based Specialty Risk Underwriters
Dec 2 2015 // All Risks, Ltd., a nationwide independent wholesaler, has acquired Specialty Risk Underwriters (SRU), a national program administrator based in St. Petersburg, Fla. Specialty Risk Underwriters has developed a variety of...
Castel Launches Corporate Underwriting Cell, Targeting African Reinsurance
Dec 1 2015 // Castel Underwriting Agencies Ltd., the London-based MGA formation platform, has launched its first corporate underwriting cell, working with One Re, a specialist African-focused reinsurer, to target facultative reinsurance...
Hamilton’s Lloyd’s Operation Appoints 2 Senior Underwriters
Nov 25 2015 // Hamilton Underwriting Ltd., the managing agency of Lloyd’s Syndicate 3334, and the Lloyd’s operations of Hamilton Insurance Group, announced the appointment of two senior underwriters who will lead the...
