Skyward Specialty Insurance Group News

Hardening Construction Market Gives Way to Rise of Captives

Amid a historically hard construction market, middle and large-sized companies looking for alternatives to traditional insurance may turn to captives to find stable pricing and greater capacity. Captives, licensed (re)insurance companies owned by their insureds, carry appeal to construction businesses …

Skyward Specialty Finds 2023 Is Right for IPO

Houston, Texas-based Skyward Specialty on Friday became the first U.S. company to launch an initial public offering in the calendar year, a move that CEO Andrew Robinson said will provide greater capital flexibility as it grows its business in the …

Skyward Specialty Announces Launch of IPO

Skyward Specialty Insurance Group, Inc. (“Skyward Specialty” or the “Company”) announced Jan. 4 the launch of its initial public offering of its common stock. The offering consists of 4,750,000 shares of common stock offered by Skyward Specialty and 3,750,000 shares …

Understory, Skyward Specialty Launch Insurance Captive Solution for Auto Dealer Market

Understory Inc. a Madison-Wisconsin provider of innovative insurance solutions for climate risk, and Skyward Specialty Insurance Group Inc., a Houston-based specialty insurance company, have partnered to launch a new insurance solution to help U.S. automotive dealerships control the rising cost …

Markets/Coverages: Skyward, InShare Offer Gig Accident Cover; London Underwriters Adds Slice; Hippo Grows Mortgage Channel

InShare and Skyward Target Gig Driver Firms With Accident Insurance Managing general agent (MGA) InShare and Skyward Specialty Insurance Group Inc. announced the launch of an occupational accident insurance offering for independent workers across a number of segments, including trucking, …

Texas’ Skyward Specialty Adds Employed Lawyer Coverage

Houston, Texas-based Skyward Specialty Insurance Group, Inc. expanded its miscellaneous professional liability coverage to include errors and omissions (E&O) exposure for employed lawyers, which protects in-house attorneys from allegations of malpractice while executing their legal duties. In-house general counsel, legal …

Markets/Coverages: Marsh Renewable Energy; Main Street Farm; Munich Re Surety; Skyward Crane & Rigging; Draftrs Professional Liability

Marsh Launches Renewable Energy Facility Insurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage system (BESS) risks in the U.S. and Canada. According to the …

Markets/Coverages: Brownyard’s Library Program; Core Specialty’s Equine Unit; Skyward’s Cannabis Bonds; Roamly’s Travel

Brownyard’s ‘By The Cover’ Now 15 Additional States New York-based program administrator Brownyard Group announced that its By The Cover, its insurance program for libraries, is now available in 15 additional states, for a total of 26. By The Cover …

Texas’ Skyward Specialty Expands D&O Solutions for Non-Standard HOA Market

Houston, Texas-based Skyward Specialty Insurance Group, Inc. is expanding its Management Liability solutions by offering targeted directors and officers (D&O) coverage to Non-Standard Non-Profit Condominium and Homeowner Associations (HOA). With the new coverage, Skyward Specialty says board members of non-standard, …