All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 12 2016 // William Guthrie was named chief risk officer, and Melissa Kaufman was named vice president of product development of Menlo Park, Calif.-based Pacific Specialty Insurance Co.Pacific Specialty is part of the McGraw Group of...
Feb 12 2016 // Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has promoted Mike Gosselin to the role of chief underwriting officer for specialty, while also naming David Saillen as head of fine art & specie –...
Feb 11 2016 // A UK exit from the European Union will create a “rarely experienced” level of uncertainty for Lloyd’s, the London market as well as the UK and other European economies, according to Sean McGovern,...
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
Feb 10 2016 // Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform.Brit has received approval to begin underwriting from both...
Feb 9 2016 // Lloyd’s have confirmed the election of three new members to the Council of Lloyd’s. Julian James and Neil Maidment were elected following a vote of working members of the Society of Lloyd’s and will serve...
Feb 8 2016 // Aon plc has launched Lloyd’s Lead Excess Aon Facility (Lloyd’s LEAF), a program that increases placement options for Aon’s U.S. clients facing global casualty risks while delivering greater contract...
Feb 8 2016 // Collectively, the surplus lines insurance service/stamping offices across the country processed a record-breaking $25 billion in premium in 2015, exhibiting 3.6 percent growth over the $24.2 billion in premium processed...
Feb 8 2016 // The sharing economy, expanded litigation, surplus capital, custom account underwriting and further consolidation are likely to challenge the U.S. casualty insurance marketplace in 2016, according to broker Marsh.Marsh...
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
Feb 2 2016 // Shariah compliant managing general agent Cobalt Underwriting has launched a new political violence product backed by Chaucer.Cobalt, the London market’s only Shariah compliant underwriting agency, will offer the...
Feb 1 2016 // ISO has launched a management and professional liability unit. The unit will spearhead new and revised coverage options as well as actuarial and analytics products for business and corporate risks. Joining ISO to lead the...
Feb 1 2016 // Specialty lines broker, RKH Specialty, part of the Hyperion Insurance Group, has acquired the UK’s largest independent specialist Surety broker, PMG Financial Services Ltd., subject to regulatory approval.Barnaby...
Feb 1 2016 // Lloyd’s has started holding open trading sessions at its Singapore hub, which are designed to speed up insurance placements.The sessions enable brokers to see multiple markets at one time and provide faster...
Jan 29 2016 // Specialist Lloyd’s underwriter Marketform, which operates Syndicate 2468 at Lloyd’s, announced that Roberto Murru joined the company as an underwriter in its growing financial lines team led by Ian West.Fluent...
Jan 28 2016 // London-based Liberty Specialty Markets (LSM), which is part of Liberty Mutual Insurance Group, has joined the Lloyd’s China platform.LSM’s Underwriting Division of Lloyd’s Insurance Company (China) Ltd....
Jan 27 2016 // Marsh has launched “Cyber ECHO”, a global excess cyber risk facility that provides more reliable insurance coverage for organizations around the world.Following a series of high-profile cyber losses,...
Jan 25 2016 // Collectively, the surplus lines insurance service/stamping offices across the country processed a record-breaking $25 billion in premium in 2015, exhibiting 3.6 percent growth over the $24.2 billion in premium processed...
Jan 25 2016 // JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), named Robert Trinkleback as its new senior vice president, Casualty Risk Control leader at JLT’s Chicago office.Trinkleback, who most...
Jan 25 2016 // The surplus lines stamping fee rate in Texas increased at the beginning of year to 0.15 percent of the gross premium amount of surplus lines insurance policies. It’s the first change in the stamping fee for many...