All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jul 26 2022 // A quarter of firms operating at Lloyd’s of London have reached the commercial insurance market’s target for 35% of leaders to be women, though progress on diversity was “incremental,” Lloyd’s...
Jul 25 2022 // This edition of International People Moves details appointments at AXA XL and Aon.A summary of these new hires follows here. AXA XL Names Ensurance’s Burgess as Sr. U/W, Construction, UK & Lloyd’sAXA XL...
Jul 20 2022 // Ryan Specialty Names Bradley Bodell as Chief Information OfficerRyan Specialty Holdings, Inc named Bradley Bodell as chief information officer. In this role, Bodell will lead Ryan Specialty’s technology and security...
Jul 19 2022 // San Diego-based FutureProof Technologies has hired Joseph Strickland as head of underwriting. He was previously senior vice president at AIG’s Lexington Specialty Isurance Agency.FutureProof calls itself a...
Jul 18 2022 // Davies, the London-based specialist professional services and technology business, announced it has completed the acquisition of Asta Capital, the third-party managing agent at Lloyd’s, following receipt of...
Jul 18 2022 // The Surplus Line Association of California board voted to drop the association’s stamping fee to 0.18%.Effective Jan. 1, 2023, the stamping fee will adjust downward from its current 0.25% level that took effect on...
Jul 18 2022 // I find that almost all agents and a high proportion of insurance carrier employees possess inadequate knowledge of insurance carrier surplus. Also, many think the knowledge they possess is accurate, however, in my...
Jul 18 2022 // Wholesale broker Risk Placement Services (RPS) said more than 20 new insurance companies and managing general agents have entered the excess and surplus marketplace over the last couple of years — and they may be...
Jul 13 2022 // New Jersey-headquartered Specialty Program Group (SPG) said it has acquired ESP Insurance Brokerage, a national insurance broker and program administrator for the sports, events and promotion marketing and entertainment...
Jul 13 2022 // Mosaic Insurance is opening an office in Toronto, Ontario and has hired Ian Fraser to spearhead the company’s expansion into the Canadian specialty insurance market.Fraser joins as president of Mosaic Insurance...
Jul 11 2022 // Lloyd’s has decided to stay in its landmark headquarters building at One Lime Street in London – as long as it receives acceptable terms for the renewal of its lease.In January, the market reportedly was conducting...
Jul 8 2022 // Lloyd’s Europe reports the appointment of Bertrand Heugues as chief underwriting officer effective 14 July.He will be responsible for overseeing underwriting, delegated authority management, claims and the...
Jul 7 2022 // Probitas 1492, the Lloyd’s insurer, has started underwriting cyber insurance with Richard Taylor, head of Cyber & Technology, focusing the book of business on complex small-and-medium-sized enterprises (SME), up...
Jul 7 2022 // Ryan Specialty announced it has opened an office in Madrid as a next step in the evolution of the firm’s transactional risk managing general underwriter, Ryan Specialty Transactional Risks International.Madrid is the...
Jul 1 2022 // This edition of International People Moves details appointments at Verisk and Munich Re.A summary of these new hires follows here. Verisk Promotes Rayner to President of Specialty Business SolutionsVerisk, the global data...
Jun 30 2022 // Wholesale broker Risk Placement Services (RPS) said more than 20 new insurance companies and managing general agents have entered the excess & surplus marketplace over the last couple of years – and they may be more...
Jun 20 2022 // Thirty years ago, when you baked a cake for a kid’s birthday party, it was most likely from a box — just add oil, water, and maybe an egg. No heavy lifting required. But times, and people, have changed.Today,...
Jun 17 2022 // QBE Re Reports Departure of PostlewhiteQBE announced that Steve Postlewhite, managing director QBE Re, is leaving the company following a four-year tenure. QBE gave no reason for what it said was Postlewhite’s...
Jun 16 2022 // 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...
Jun 16 2022 // Servca, the independent Lloyd’s broker that specializes in non-standard medical, financial and professional lines insurance, announced the opening of an office in Malta to spearhead the expansion of its European...