Coverys News

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Business Moves: Coverys Agrees to Sell Italy MGA to AnaCap-Backed Edge Group; Portuguese Insurance Broker Universalis Rebrands as Acrisure

Jul 22 2025 // Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge...

AM Best Revises Outlooks to Negative for Members of Coverys Companies

Sep 26 2024 // AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of...

Coverys Launches London Market Insurer, Approved to Write US E&S Business

Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26. Coverys Ltd. is part of Coverys’ dedicated London platforms...

Arthur J. Gallagher & Co. Acquires Michigan’s Coverys Insurance Services

Nov 16 2023 // Arthur J. Gallagher & Co. announced it has acquired certain assets of the retail agency business of East Lansing, Michigan-based Coverys Insurance Services. Terms of the transaction were not disclosed. Coverys...

Polo Managing Agency Assumes Management of Coverys Syndicate 1975

Oct 2 2023 // Polo Managing Agency Ltd., an independent Lloyd’s turnkey managing agent, has assumed management of Coverys Syndicate 1975. The specialist medical professional lines syndicate will novate to Polo on Oct. 2, 2023. In...