All the headlines from our Excess Surplus Topic Page, ordered by recency.
Sep 12 2024 // For the sixth straight year, U.S. excess and surplus insurers in 2023 saw double-digit growth in direct written premiums.E&S direct written premiums (DWP) grew 15% last year to increase its share of the total...
Sep 10 2024 // Los Angeles, CA, September 10, 2024 – SL Digitized introduces a groundbreaking platform that digitizes and automates the selling and servicing of new and renewal agency bill and surplus lines business. By leveraging...
Sep 6 2024 // Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7—its best interim results in 17 years—does this mean the hard market cycle is ending?During a media briefing to discuss...
Sep 6 2024 // Sarasota-based FCCI Insurance Group will soon start writing excess and surplus lines across much of the country, the carrier announced this week.Florida, Georgia and Texas insurance agents can submit general liability and...
Sep 5 2024 // The Lloyd’s insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6% increase from the £3.9 billion (US$5.1 billion) reported during H1 2023.The combined ratio,...
Sep 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo...
Aug 30 2024 // Agile Underwriting Services, the Sydney, Australia-based insurtech, managing general agent, and Lloyd’s coverholder, has launched a unit in New Zealand, which Agile described as the first of its kind for a...
Aug 22 2024 // Atlanta-based Titan Aerospace Insurance, one of the larger aviation insurance brokers, has acquired Plimsoll Specialty Markets, a boutique aviation and aerospace brokerage house also based in Atlanta. Clark Michael Clark,...
Aug 19 2024 // Houston’s Skyward Specialty Insurance Group announced it is launching an aviation program in partnership with Acceleration Aviation Underwriters. The partnership between Skyward Specialty and Acceleration Aviation...
Aug 16 2024 // Skyward Specialty Insurance Group, Inc., headquartered in Houston, named four new regional vice presidents and two new underwriters.Skyward Specialty named Gregg Callahan regional vice president in its northeast region in...
Aug 15 2024 // This edition of International People Moves details appointments at the insurers Markel and QBE.A summary of these new hires follows here. Markel Taps QBE’s Smith to Lead Marine & Energy Liability Team,...
Aug 15 2024 // Zurich Promotes Nolan to Head of Surety in USZurich North America, headquartered in Schaumburg, Illinois, has promoted Chris Nolan to head of surety in U.S. national accounts. Nolan, who is based in New Jersey, succeeds...
Aug 13 2024 // Skyward Specialty Insurance Group announced its entry into the mortgage (re)insurance market. In support of this new venture, Jean-Philippe “JP” Latour joined the company as senior vice president in May 2024....
Aug 13 2024 // Embroker, headquartered in San Francisco, appointed Andrew (Andy) Lea chief insurance officer and promoted Kristy Malm to chief operating officer.Lea mas more than two decades of insurance experience. Beginning his career...
Aug 8 2024 // XPT Specialty, headquartered in New Haven, Connecticut, appointed Tyler Myers as transportation underwriter.Myers has over 10 years of experience as a broker specializing in underwriting commercial automobile risks. He...
Aug 2 2024 // Ryan Specialty, a publicly traded provider of specialty products for insurance agents, brokers and carriers, has agreed to buy US Assure Insurance Services of Florida, a company specializing in builder’s risk...
Aug 1 2024 // Symphony Risk Solutions announced it is opening an office in Austin, Texas to be led by Matt Burns, who was named president of the firm’s growing specialty business.As the leader of Symphony Build, Burns will oversee...
Jul 30 2024 // BevCap Management, LLC, headquartered in McKinney, Texas, hired Danny Vehovic as vice president of dealer risk services.Vehovic will be focusing on risk consulting and business development for Dealer Management Group, a...
Jul 29 2024 // A consortium led by private equity firm Centerbridge Partners is exploring exit options including an initial public offering of Canopius Group in a deal that could value the Lloyd’s of London insurer at about £3...
Jul 26 2024 // Ryan Specialty announced the unification of Ryan Financial Lines and the expansion of its product offerings. Ryan Financial Lines’ formation was announced in December 2023. The first phase was implemented in March...