Middle Market News

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People Moves: Melvin Names CEO of BMS Re US; Rawal Joins AXA XL as CUO Middle Market, Canada; QBE Canada Hires Fenn as Multinational Underwriting Manager

Sep 10 2024 // Melvin Appointed President and CEO, BMS Re, US Brad Melvin BMS Re, the specialty reinsurance arm of global broker BMS Group headquartered in New York City, appointed Brad Melvin president and chief executive officer, BMS...

People Moves: WCF Insurance Promotes Houting to SVP of Middle Market; Ushur Names Price CRO

Aug 1 2024 // WCF Insurance Promotes Houting to SVP of Middle Market Ken Houting WCF Insurance, headquartered in Sandy, Utah, promoted Ken Houting to senior vice president of middle market. Houting leads growth and expansion of...

People Moves: AXA XL Appoints Madigan CUO for Mid-Market Environmental; Edsall Joins Tara Hill as SVP

Jul 12 2024 // Joseph Madigan AXA XL, headquartered in Stamford, Connecticut, appointed Joseph Madigan as chief underwriting officer for its North American environmental insurance business for the middle market. Madigan joined AXA...

QBE to Non-Renew $500M of North American Mid-Market Biz

Jun 19 2024 // QBE announced that it will start shutting down the middle-market segment in North America to focus on North American businesses where it has more meaningful market position, relevance and scale. Three core businesses...

Survey: Mid-Market Leaders Peg Cyber, Economy and Regulation as Top Concerns

Jun 17 2024 // Business leaders place cybersecurity, the economy, regulatory challenges and global instability among their top concerns for the coming year, fueled by factors such as AI, climate change, nuclear verdicts and political...

Markets/Coverages: Sompo Offers Tech Insurance Cover for UK Middle Market Clients

Jun 5 2024 // Sompo announced the launch of a new technology insurance product for middle market clients in the United Kingdom. The package includes coverages comprising property, casualty, professional indemnity (PI) and cyber. Excess...

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