All the headlines from our Excess Surplus Topic Page, ordered by recency.
Nov 17 2016 // Teri Brinson, executive vice president of M.D. Jensvold & Co. Inc. in Houston, has been elected president of the Texas Surplus Lines Association (TSLA). Brinson was installed at TSLA’s 61st Annual Meeting held...
Nov 17 2016 // Lloyd’s has appointed Angela Kelly as Lloyd’s country manager, Singapore, and CEO of Lloyd’s of London (Asia) Pte. Ltd.Kelly joins Lloyd’s from Swiss Re where she was chief executive officer of...
Nov 16 2016 // Lloyd’s announced that Paolo Vagnone has been appointed to the newly created role of Strategy & Change director.Vagnone will lead the teams responsible for the development of Lloyd’s strategy as well as the...
Nov 16 2016 // Brit Ltd., the London-based specialty insurer, announced the launch of a Lloyd’s consortium for diamond processing.Now quoting business, the new consortium brings additional capacity of up to $50 million to the...
Nov 16 2016 // Nexus Underwriting, the London-based independent specialty managing general agent (MGA), has formed a claims company, trading as Nexus Claims.Being run independently from the underwriting companies, Nexus Claims offers...
Nov 10 2016 // XL Catlin has appointed Barbara Luck as president of its Global Excess Casualty business, promoted from her current role as chief underwriting officer of XL Catlin’s Global Risk Management business.Assuming her new...
Nov 9 2016 // Jeff Gray has rejoined National E&S as an environmental wholesale broker. Gray specializes in hard to place risks, including construction risks, restoration contractors, environmental risks and hazmat trucking...
Nov 8 2016 // AmTrust Financial Services Inc. announced it has completed the acquisition of ANV Holdings B.V. and its affiliates from Ontario Teachers’ Pension Plan for approximately $203 million in cash.During the last 12 months...
Nov 7 2016 // Lloyd’s of London has secured approval from the Indian regulator, Insurance Regulatory and Development Authority of India (IRDAI), to provide onshore reinsurance services in India.The decision means that the...
Nov 7 2016 // Arch Insurance Group, a member of Arch Capital Group Ltd., has formed an exclusive underwriting partnership with American Specialty Insurance and Risk Services, Inc. (a division of Brown & Brown) to offer customized...
Nov 4 2016 // The Surplus Lines Stamping Office of Texas (SLSOT) reported the following changes to the eligible insurer list.Alien insurers effective 10/1/2016 include the following: The Hanover Atlantic Insurance Company LTD. Helvetia...
Nov 4 2016 // Talbot Underwriting Ltd., a wholly owned subsidiary of Validus Holdings Ltd., announced the launch of a Lloyd’s led consortium for nuclear, biological, chemical and radiological (NBCR) terrorism.The facility will...
Nov 3 2016 // QBE North America, the New York-headquartered division of QBE Insurance Group Limited, hired Carla Owens as senior vice president of operations for its specialty business group.Based in New York City, Owens will report to...
Nov 3 2016 // Lloyd’s of London recently announced the winners of its 2016 Innovation Awards. Beazley, Cromar, Hiscox and Tokio Marine Kiln each picked up awards for innovative products or new ways of working.Aon won most...
Oct 27 2016 // Hiscox announced it has formed a new US$1 billion fine art consortium, the result of a collaboration with Ascot Underwriting.The $1 billion capacity consortium has been constructed specifically to streamline the process of...
Oct 24 2016 // Dave Grohl’s Foo Fighters have finally settled a four-month-old lawsuit aimed at collecting on insurance claims related to a series of canceled concerts during the band’s 2015 world tour.A court filing signed...
Oct 24 2016 // Panelists at a New York event hosted by Lloyd’s, the world’s specialist insurance market, and the American Security Project, a nonpartisan national security think-tank, urged the insurance industry to plan...
Oct 21 2016 // National E&S Insurance Brokers in Palmdale, Calif. has named Brittany Skiles an Account Manager. Skiles works with all lines of insurance including general liability, contractor pollution, professional liability,...
Oct 21 2016 // The American Association of Managing General Agents (AAMGA) and the National Association of Professional Surplus Lines Offices (NAPSLO) are considering combining both organizations into one association and have formed a...
Oct 20 2016 // Asta, the third party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Verto Quota Share Syndicate...