Excess and Surplus (E&S) News

Markets/Coverages: Bundler Branch Adds 6 States; Pathpoint, Bold Penguin E&S Partnership; Rokstone Owners’ Interest Policy

Auto, Home Insurance Bundler Branch Now Available in 25 States Branch, an insurance company that touts “instantly-bundled” home and auto insurance, announced its expansion to the six states of Idaho, Iowa, New Hampshire, South Dakota, Tennessee, and Virginia. These bring …

Attention Young Professionals: Wholesale Insurance Is ‘Where the Magic Happens’

According to wholesale insurance executives, their segment of the property/casualty insurance industry is more exciting and fulfilling than other sectors of the industry. It’s also full of potential for young insurance professionals starting out in the current hard market and …

People Moves: Sartain Heads Marsh Specialty; AXA XL Adds 2 Underwriters to E&S Team

Sartain Named Marsh Specialty Leader for U.S. and Canada Insurance broker Marsh announced the appointment of Michelle Sartain as head of Marsh Specialty for the U.S. and Canada, effective January 1, 2022. Sartain will oversee Marsh’s aviation, construction, energy and …

Wholesale Brokers Look to Continue Offering Value While Addressing Talent Gap

The wholesale insurance market continues to grow premiums while providing value to retail agents and important options to their customers, according to a report commissioned by the Wholesale and Specialty Insurance Association (WSIA). But the segment must face the challenge …

Joyn Insurance Goes Live With E&S Offerings in 28 States

New digital managing general agency Joyn is expanding its excess and surplus coverage offerings to a total of 28 states plus Washington, D.C. The majority of the new offerings are excess lines of business in 21 states and Washington, D.C, …

Staying Focused on Surplus Lines: Amwins’ President Drinkwater

It’s an interesting time in the surplus lines industry with insurance rates increasing and capacity being limited in some classes of business. It’s a time when maintaining focus is critical to finding success, according to the president of Amwins Group, …

People Moves: AXA XL Names Clark as Marine Liabilities Global Practice Leader; Hamilton Hires Ironshore’s Marzec as Head of Management Liability for E&S

AXA XL Names Clark as Marine Liabilities Global Practice Leader AXA XL’s Global Marine insurance business has appointed Stephen Clark as its Marine Liabilities Global Practice leader. Based in Chicago, Clark assumes this new role in addition to retaining his …

Demand Outpacing Supply in One of Best E&S Markets in 50 Years, Industry Veteran Says

The chair of W.R. Berkley Corp. has been observing conditions in the excess and surplus and specialty markets for more than five decades and views the current environment as just about the best in that time span. According to William …

How to pick an E&S carrier: Four characteristics to look for

This post is part of a series sponsored by The Hanover Insurance Group. The excess and surplus market is growing rapidly. Business is being driven from the admitted market due to actions taken in response to significant weather events, rising …

Surplus Lines Broker, Agent or Both? It’s Complicated.

Increasingly, the world of insurance distribution has become highly specialized, utilizing technology and a multitude of parties to reach customers worldwide. The surplus lines industry is no exception. Surplus lines brokers are not merely intermediaries between insureds and eligible surplus …