Barbican Insurance Group News

Wholesale Broker H.W. Kaufman Finalizes Purchase of UK’s Barbican Protect

H.W. Kaufman Group announced the closing of its acquisition of Barbican Protect Ltd., effective March 3. Barbican Protect, an MGA that specializes in commercial property, casualty, financial lines and marine across the United Kingdom, joins the Kaufman family of companies …

Arch Capital Group Finalizes Acquisition of Barbican Group Holdings

Arch Capital Group Ltd. announced the completion of its previously disclosed acquisition of Barbican Group Holdings Ltd. (Barbican), including Barbican Managing Agency Ltd., Lloyd’s Syndicate 1955, Castel Underwriting Agencies Ltd. and other associated entities. “We are excited to complete this …

Wholesale Broker H.W. Kaufman Acquires UK MGA Barbican Protect

H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the acquisition of Barbican Protect Ltd., as part of its continued expansion into the UK market, subject to regulatory approval. Purchased from Barbican Insurance Group for …

Barbican Launches Cyber Resilience Product Called ‘One-Step-Ahead’

Barbican Insurance Group announced the launch of a product partnership with two cyber risk management specialists to help insureds assess and improve their cyber resilience. Called Barbican Cyber “One-Step-Ahead” (OSA), the product encompasses three critical areas of cyber resilience: cyber …

Barbican Names McGurk from Standard’s Syndicate 1884 as D&O Class Underwriter

Barbican Insurance Group announced the appointment of Sarah McGurk as class underwriter for directors’ & officers’ liability insurance. Working as part of the financial lines division, she will report to Hans Sherman, underwriting manager D&O. McGurk has extensive experience in …

Barbican Strengthens Cyber Cover with Incident Response, Phishing Exercises

Barbican Insurance Group announced it has further strengthened its cyber insurance cover by providing incident response exercises and phishing simulation as part of the overall package. The guidance will be delivered by enterprise risk and cyber security consulting firm TSC …

ArgoGlobal Launches Lloyd’s Market Motor Treaty Consortium, Supported by Barbican

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the launch of the first Lloyd’s market consortium for motor treaty business. The consortium, led by ArgoGlobal and supported by Barbican Insurance Group, was established in time for Jan. 1 …

Toa Re, Barbican Get ‘in Principle’ Approval from Lloyd’s to Form SPA

The Toa Reinsurance Co. and Barbican Insurance Group announced they have received “in principle” approval from the Lloyd’s Franchise Board to establish Toa Re Special Purpose Arrangement (SPA 6132) to be backed exclusively by Toa Re. Subject to formal approval, …

Barbican Underwriter Elected Chair of Lloyd’s Market Association Cyber Group

Geoff White, underwriting manager for Cyber, Technology and Media at Barbican Insurance Group, has been elected chairman of the Lloyd’s Market Association’s (LMA) newly created Cyber Business Panel. White was elected by the members of the panel on June 5. …

UK’s Altitude Targets Aerospace Growth with Hollingworth Appointment

Altitude Risk Partners, the global aviation and space underwriting business, announced the appointment of former broker Charles Hollingworth as an underwriter. Hollingworth joined from Aon Risk Solutions where he was a products and aerospace broker. He will work with the …