Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
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...
MarketScout Launches New High Net Worth Underwriting Facility
Jun 10 2015 // MarketScout, the national electronic insurance exchange and specialty MGA, has expanded its specialty high net worth underwriting practice with the addition of a new non-admitted $3.1 billion facility targeting agents with...
Does This Sound Like YOUR Underwriter?
Jun 10 2015 // Two weeks ago we posted an article titled, “Are You One of THOSE Agents?” The article centered around some of the strange questions, comments or requests underwriters have received from their agents. Near the...
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...
