All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jan 4 2016 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has strengthened its presence in the German casualty market with the appointment of a new four-strong casualty team in its Cologne office.The team...
Dec 31 2015 // New Empire Group has launched a new excess liability program for real estate as part of their Prime Umbrella Program Portfolio. The program offers low minimum premiums and will provide limits of coverage from $5 million to...
Dec 30 2015 // San Antonio, Texas-based wholesale insurance broker, Quirk & Company, announced the passing of its president and CEO for the past 41 years, Robert (Bob) C. Quirk.Born in 1946, Quirk graduated from the University of...
Dec 22 2015 // A.M. Besthasupgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and the issuer credit rating (ICR) to “aa-” from “a” of The Cincinnati Specialty Underwriters Insurance...
Dec 18 2015 // Michael Miller, the longtime president and chief operating officer of Scottsdale Insurance Co., has quietly moved onto a new executive role with corporate parent Nationwide where he’ll manage and spearhead strategic...
Dec 17 2015 // Specialty MGA, Nexus Underwriting Management Limited, announced that it has acquired City of London based Millstream Underwriting Limited, an independent managing general agency specializing in travel personal accident and...
Dec 16 2015 // Lloyd’s of London has announced that it “plans to launch its own insurance based index in mid-2016. This would be the first index for diversified risk, showing loss ratios and focused on insurance...
Dec 15 2015 // A newly-formed commercial insurance fronting provider, Clear Blue Financial Holdings LLC, said it has officially launched with two fully-licensed fronting carriers and will begin servicing clients immediately.To launch its...
Dec 14 2015 // Ironshore Inc. announced that its Pembroke Managing Agency Limited and Mexico reinsurance company, Patria Re, have received Lloyd’s approval to establish a Special Purpose Syndicate (SPS).“Patria Re will join...
Dec 9 2015 // Berkshire Hathaway Specialty Insurance Company (BHSI) announced that it is entering the Surety market in Asia and has appointed Andrew Ho as Vice President, Head of Surety, Asia, based in Singapore.“Our expansion...
Dec 9 2015 // Dallas, TX, December 9, 2015- 2015 has been a big year for mergers and acquisitions in our industry. You read consolidation news everyday…Willis to buy Towers Watson…Confie acquires another broker…Gen...
Dec 3 2015 // Lloyd’s of London announced its director of performance management, Tom Bolt, has decided to leave the corporation in mid-2016, after almost seven years of front line service.Bolt was appointed in September 2009, and...
Dec 2 2015 // Ironshore International has introduced a hybrid insurance product to protect against loss or damage of works of art in the care custody and control of Museums and Exhibition organizers, as well as personal fine art...
Dec 2 2015 // SECURA Insurance, headquartered in Appleton, Wis., hired Kevin Klestinski as vice president – Specialty Lines Underwriting to lead this fast growing line of business for the company. Klestinski has more than 24 years of...
Dec 2 2015 // Bermuda-based AXIS Capital Holdings Ltd. announced that AXIS Syndicate 1686 has recently received approval from Lloyd’s for the establishment of an underwriting division at Lloyd’s Insurance Company (China)...
Dec 2 2015 // All Risks, Ltd., a nationwide independent wholesaler, has acquired Specialty Risk Underwriters (SRU), a national program administrator based in St. Petersburg, Fla. Specialty Risk Underwriters has developed a variety of...
Dec 1 2015 // Shanghai Asian Insurance Brokers Co. Ltd. (SAIB) has been registered as the first Chinese Lloyd’s registered broker.Based in Shanghai, SAIB specializes in liability insurance, special risk insurance and reinsurance,...
Nov 30 2015 // Eight Lloyd’s syndicates are joining forces to develop new solutions to help developing economies tackle underinsurance and improve their resilience against the economic impact of natural catastrophes.Emerging...
Nov 25 2015 // Hamilton Underwriting Ltd., the managing agency of Lloyd’s Syndicate 3334, and the Lloyd’s operations of Hamilton Insurance Group, announced the appointment of two senior underwriters who will lead the...
Nov 24 2015 // Manchester Specialty Programs, a national specialty underwriting and insurance program management firm for home care, hospice, medical staffing firms, and miscellaneous medical facilities, is now offering a miscellaneous...