coverholders News

UK’s IUA Publishes Good Practice Guide for Delegated Authorities

A guide to good practice for delegated authority arrangements in the London company market has been published by the International Underwriting Association, the group that represents non-Lloyd’s international and wholesale insurance and reinsurance companies in the London Market. The guide …

BHSI Launches Casualty Platform; Leeks Named Head of Casualty, UK & S. Europe

Berkshire Hathaway Specialty Insurance (BHSI) is introducing public and products liability insurance in the UK, Ireland and Southern Europe, and employer’s liability insurance in the UK and Ireland, while naming Martin Leeks, senior vice president, Casualty, UK and Southern Europe. …

Advent Claims Launches Regulatory Compliant Platform for MGAs, Coverholders

Advent Claims, a division of Advent Insurance Management with claims operations in the US, UK, Canada and Australia, has launched a proprietary web-based claims management system for managing general agents (MGAs) and coverholders, called “Advantage.” Designed to capture all information …

Berkley Life Sciences Now Lloyd’s Coverholder for U.S. Business

Berkley Life Sciences, a global life sciences underwriter, has been accredited as a Coverholder, in conjunction with Berkley Global Underwriters, LLC, on behalf of Lloyd’s of London. As a Coverholder, Berkley Life Sciences is able to secure locally accepted insurance …

TWFG General Agency Named Lloyd’s Coverholder

Texas-based The Woodlands Financial Group announced it has been approved as a coverholder at Lloyd’s of London, which authorizes its TWFG General Agency to enter into contracts of insurance and to issue insurance documentation under a Lloyd’s registered binding authority. …

Beazley to Underwrite Contingency Business in U.S. in 2013

Beazley, an insurer of event cancellation and other forms of contingency business at Lloyd’s, will begin underwriting contingency business locally in the United States at the beginning of 2013. The focus will be servicing existing coverholder relationships and on developing …

Lloyd’s Ribeiro Beats a Path to the World’s Insurance Door

As director of international markets for Lloyd’s of London, Jose Ribeiro has a lot of responsibilities. He took a brief time out, as he prepared for a trip to China, to tell the Insurance Journal a little bit about them. …