All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 9 2022 // XPT Specialty has acquired Insurance Brokers Incorporated, headquartered in Indianapolis, Indiana, in a move that continues a series of acquisitions for the company. IBI is a wholesale insurance broker and general agency...
Feb 7 2022 // Alera Group Names Tina Santelli VP of Worksite Specialty SolutionsAlera Group announced that Tina Santelli has been appointed as Vice President of Worksite Specialty Solutions and Services, effective February 1, 2022. In...
Feb 7 2022 // Philadelphia Insurance Companies (PHLY) announced the promotion of 11 leaders in its Underwriting, Marketing, Risk Management, Insurance Operations and Human Resources departments:Lynn Bencivenga has been promoted to vice...
Feb 7 2022 // The specialty insurance marketplace always has been a vast laboratory for nascent products. It once was a tiny market. Those days are over. Today, with tens of billions in premiums in the U.S. market, specialty is for more...
Feb 7 2022 // Although it wasn’t the headline of a commercial insurance broker’s market pricing report last month, the report’s observation that “commercial auto liability coverage rates are starting to...
Feb 7 2022 // Surplus lines premium increased 22% and transactions rebounded almost 6.6% over their 2020 totals in the 15 states with designated surplus lines’ stamping offices.The increases represented record levels of premium...
Feb 4 2022 // This edition of International People Moves details appointments at Liberty Specialty Markets, HDI Global and CFC Underwriting.A summary of these new hires follows here. Liberty Financial Risk Solutions Promotes 2, Hires...
Feb 4 2022 // The board of the Lloyd’s Market Association (LMA) has announced cross-market consensus on underwriters’ in-person availability – either at the Lloyd’s Underwriting Room or in the office.The commitment...
Feb 1 2022 // Greenlight Re Innovations (GRI), part of Cayman Islands-headquartered Greenlight Capital Re Ltd., has received “in-principle” approval from Lloyd’s to establish an insurtech-focused syndicate.Syndicate...
Jan 28 2022 // Insurtech MIC Global has received “in-principle” approval from Lloyd’s for the creation of MIC Global Insurance Syndicate 5183.UK-based MIC Global provides end-to-end digital micro insurance products,...
Jan 26 2022 // Surplus lines premium increased 22% and transactions rebounded almost 6.6% over their 2020 totals in the 15 states with designated surplus lines stamping offices.The increases represented record levels of premium ($51...
Jan 24 2022 // This edition of International People Moves details appointments at Marsh, Willis Towers Watson (WTW) and Aon.A summary of these new hires follows here. Marsh Promotes Payne to UK Chair of FINPRO, Morgan as Head of...
Jan 24 2022 // In its commitment to promoting diversity, equity and inclusion in the insurance industry, the Wholesale and Specialty Insurance Association (WSIA) recently hired Vanessa Sims as its first director of DE&I.According to...
Jan 20 2022 // This edition of International People Moves details appointments at Lloyd’s, Chubb and Willis Towers Watson (WTW).A summary of these new hires follows here. Lloyd’s Names Chubb’s Miller as Commercial...
Jan 20 2022 // Resilience, the San Francisco-based cyber managing general agent, announced it has earned delegated authority as a coverholder at Lloyd’s.As a Lloyd’s coverholder, Resilience will be positioned to deliver its...
Jan 19 2022 // Florida took a step toward opening its distressed property insurance market to more carriers Tuesday when a Senate committee approved a bill that would let Florida-based surplus lines insurers sell surplus policies in...
Jan 18 2022 // Lloyd’s of London is reviewing its real estate needs as the historic insurance market embraces flexible working.“As we adapt to new structures and flexible ways of working, we are continuing to carefully think...
Jan 18 2022 // Lloyd’s announced a new operational structure for the delivery of its transformational Blueprint Two program, following the departure of Lloyd’s Chief Operations Officer (COO) Jennifer Rigby.Rigby leaves...
Jan 14 2022 // IRVING, Texas, January 14, 2022 — Breckenridge Insurance announces the promotion of Jamey Schoenhard to vice president, underwriter of the specialty property program team. Schoenhard has twelve years of experience in...
Jan 12 2022 // Lloyd’s confirmed a contract has been signed with DXC Technology and the International Underwriting Association (IUA) in an agreement that will build the solutions to digitalize, streamline and fully automate...