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Tangram Insurance Services Acquires Assets of Pennsylvania’s GMG Underwriters

Tangram Insurance Services Inc., a managing general underwriter and program manager, has purchased the assets of Langhorne, Penn.-based managing general agent, GMG Underwriters (GMGU). The transaction became effective May 1, 2019. Matt Smerkanich, former owner and president of GMGU, has …

MEMIC Hires Lieberman as Production Underwriter in Pennsylvania, New Jersey

Workers’ compensation specialist The MEMIC Group has appointed Ted Lieberman to the role of production underwriter to support continued growth in the Pennsylvania and New Jersey markets. Prior to joining MEMIC, Lieberman worked in underwriting at Zurich North America in …

CorRisk Solutions Hires Belvedere to Professional Liability Team in New York

CorRisk Solutions has hired Donna A. Belvedere to lead its professional liability team. In this role, Belvedere will be based at CorRisk Solutions’ headquarters in Melville, N.Y. She joins CorRisk with more than three decades of specialty insurance experience. Her …

Aspen to Place UK MGA in Runoff, Closes Dublin Office and Makes Executive Changes

Aspen Insurance Holdings is placing its UK managing general agency in runoff, closing its Dublin office and making a slew of executive personnel changes including naming a new CEO of Aspen Bermuda, a new group chief operating officer and a …

Beazley Launches Affirmative Marine Cyber Cover

Specialist insurer Beazley has created a marine cyber insurance product to meet the rapidly developing needs of vessel owners and operators. Should a cyber incident impact a vessel’s operational capabilities, “Beazley Cyber Defence for Marine” provides insurance for physical damage …

2 Wanted for Auto Insurance Fraud in Louisiana; Public’s Help Sought

Detectives with the Louisiana State Police Insurance Fraud/Auto Theft Unit – Houma Field Office are asking for the public’s help in locating three people wanted for felony fraud in a case involving an alleged staged U-Haul vehicle crash. Two others …

SLTX Adds Purchasing Group Flag Function to Electronic Filing System

A new feature allowing agents and brokers to indicate whether or not an insured is a purchasing group is now available within the SLTX Electronic Filing System (EFS), the Surplus Lines Stamping Office of Texas reported. A “Yes” or “No” …

Alliant Adds Richard as Executive VP, Employee Benefits in Louisiana

Chard Richard has joined Alliant Insurance Services as executive vice president and managing director in the employee benefits group in Baton Rouge, Louisiana. A veteran of the employee benefits industry, Richard has an extensive track record of success as a …

Hiscox Appoints Insureon’s Wood as Midwest Regional Executive

The international specialist insurer, Hiscox, has appointed Andrew Wood as Midwest regional executive for the U.S., based in Chicago. With nearly 25 years of industry experience, Wood will be responsible for leading the growth and performance of the Midwest underwriting …

K2 Insurance Services Recapitalizes with Lee Equity; Will Spin Off Aegis Security

San Diego-based K2 Insurance Services, a specialty insurance services holding company, has found a new equity partner. Lee Equity Partners, a middle market private equity firm, has agreed to acquire a majority ownership interest in K2. K2 said that its …