Markets/Coverages: MGA Aqueous Secures Capacity Deal With Allied World and Sompo November 22, 2024 Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World...
Former Exec Keating Pleads Guilty to Scamming Allied World Insurance for $1.5M July 31, 2024 A former insurance executive has pleaded guilty to defrauding his former employer, Allied World Insurance Co., of $1.5 million in...
Insurance Commissioner, Acting as Liquidator of RRG, Is Not a ‘Governmental Authority’ July 22, 2021 By Daniel A. Rabinowitz When is an insurance commissioner not a governmental authority? A federal district judge reminds us that a state insurance commissioner,...
Allied World Sells Majority Stake in High-Net Worth Insurer Vault November 18, 2020 By Andrew G. Simpson Fairfax Financial Holdings and its subsidiary Allied World Assurance Co. have agreed to sell their majority interests in Florida-based high-net...
Allied World CEO Carmilani Moves to New Role at Fairfax; Iglesias Named His Successor July 18, 2019 Scott Carmilani, the founder and CEO of Allied World, has moved to a new role Fairfax Insurance Group, which aims...
Keep It Simple, Grow Trust for Future Success, Say UK Insurance Executives July 16, 2019 By L.S. Howard The insurance industry is facing a complicated cocktail of massive political and economic uncertainty, climate risks, huge shifts in technology...
High Net Worth Insurer Vault Expands Into 3 States in Northeast May 1, 2019 Vault, an insurer focused on the needs of the high net worth market, has received approvals to underwrite in Connecticut,...
High-Net Worth Insurer Vault Enters South Carolina August 22, 2018 Vault, an insurer focused on the high net-worth personal insurance market, has officially opened for business in South Carolina. Vault...
Cyber Business Interruption Remains Area of Uncertainty for Insurance June 12, 2018 By Elizabeth Blosfield Although the insurance industry may have had plenty of time to wrap its mind around managing physical property threats, what...
Ex-AIG Execs Kick-Off New High Net Worth Insurer Vault in Florida March 27, 2018 By Amy O'Connor It was a no-brainer for former thought-leaders from AIG to set up shop for their new high net worth insurer...