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Probitas Ready to Launch Lloyd’s Special Purpose Arrangement for 2024 Year of Account

Nov 28 2023 // Lloyd’s syndicate Probitas 1492 announced that Lloyd’s has given formal approval for its special purpose arrangement (SPA), which will begin underwriting for the 2024 year of account. The SPA, called “AdA...

Markets/Coverages: Apollo to Launch Specialty Treaty Class of Business

Nov 28 2023 // Apollo, the London-based independent specialist insurer and reinsurer, announced it will launch a new specialty treaty class of business within the Reinsurance Division of Syndicate 1969, on Jan. 1, 2024. The new portfolio...

Making a Great Place to Work: E&S Brokers Share Their View on Talent Strategies

Nov 20 2023 // With a staggering 50% of the current insurance workforce set to retire in less than 10 years, potentially leaving more than 400,000 positions unfilled, nearly every insurance organization is struggling to recruit new...

Update: Ukraine Launches Grain Insurance Program With Marsh McLennan, Lloyd’s

Nov 15 2023 // Ukraine is starting an insurance program with broker Marsh McLennan and Lloyd’s of London to provide cover for grain vessels sailing from Ukraine’s deep-sea ports, just days after a ship was hit by a Russian...

Markets/Coverages: WTW Launches Global D&O Excess Facility Called ‘A-Star’

Nov 14 2023 // Insurance broker WTW announced the launch of “A-Star,” an excess layer D&O insurance solution for directors and officers. The new facility provides access to up to £/$/€ 80,000,000 additional capacity...

Specialty Program Group Acquires Illinois’ Insurance Allies

Nov 13 2023 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, announced that it has acquired the assets of Insurance Allies LLC (Insurance Allies), an industry leader in the...

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