construction insurance News

Dunlap to Head Willis Towers Watson’s Construction Broking in North America

Global broker Willis Towers Watson announced the appointment of Jim Dunlap as head of Construction Broking in North America. The portfolio of construction clients includes contractors, project owners, developers, architects and engineers. Dunlap joined Willis Towers Watson in December, 2016, …

France’s AXA Insures 2 Notre Dame Contractors, Some Religious Artworks

French insurance firm AXA said on Tuesday it provided insurance coverage for two of the contracting firms that were working on Notre-Dame’s restoration prior to the blaze that devastated the cathedral. The fire ripped through the cathedral’s roof, where workers …

BHSI Expands into UK-Ireland Property Construction, Taps Scor’s Seamer to Lead Team

Berkshire Hathaway Specialty Insurance (BHSI) announced it is expanding into the property construction insurance market in the UK and Ireland and has appointed Simeon Seamer to lead the effort as head of Property Construction, UK and Ireland. “With the current …

Willis Towers Watson Names Creedon Construction Leader for North America

Insurance broker Willis Towers Watson has appointed Bill Creedon as Construction Industry leader for North America within its Corporate Risk and Broking segment. Creedon, a 30-year insurance and construction risk industry veteran, is returning to Willis Towers Watson where he …

XL Catlin Offers TradeTapp Tool that Helps Contractors Pre-Qualify Subcontractors

XL Catlin’s North America Construction insurance business has teamed up with construction tech start up, TradeTapp, to provide Subcontractor Default Insurance (SDI) clients with access to the platform that helps contractors do a better job of evaluating subcontractors before hiring …

Ensurance UK Launches Combined Construction Liability Product

Ensurance UK Ltd., the niche construction and engineering managing general agent (MGA) and Lloyd’s coverholder, has launched a combined construction liability product, backed by Faraday Syndicate 435 at Lloyd’s. The new liability product extends Ensurance UK’s construction and engineering portfolio, …

Brit Global Specialty USA Adds Arch’s Hartman to Construction Practice

Brit Global Specialty USA has appointed Rich Hartman as senior vice president, Construction Professional. Hartman brings 35 years of experience in the insurance industry. Most recently he spent more than six years at Arch Insurance Group, where he led the …

Castel Specialty Launches Global Construction Business

Castel Specialty, a division of Castel Underwriting Agencies Ltd., has expanded its portfolio with the launch of Castel Construction. London-based Castel Underwriting Agencies, part of Barbican Insurance Group, is a club-style MGA formation platform, which supports individual underwriters with smaller …

AGCS Appoints Smith as Head of Engineering, Regional Unit London

Allianz Global Corporate & Specialty (AGCS)* has appointed Paul Smith as head of Engineering, Regional Unit London (RUL). He reports regionally to Carsten Scheffel, AGCS board member and chief regions & markets officer for RUL. He also reports locally to …

MGA Pen Underwriting Launches Specialist Cover for UK Construction Market

Pen Underwriting* has launched a new product to address the UK construction industry’s wide-ranging, complex risk exposures. Backed by “A”-rated capacity from specialist insurer CNA Hardy, the single wording, multi-section cover can be offered on an annual or single-project basis …