All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jan 6 2022 // The “Lloyd’s Product Launchpad” is the new home for the development of insurance solutions to tackle emerging risks.The Lloyd’s Product Launchpad has been created to replace the Product Innovation...
Jan 4 2022 // Corvus Insurance, the Boston-based, cyber-focused managing general agent, announced it has acquired Tarian Underwriting Ltd. from Beat Capital Partners Ltd.Tarian operates a cyber underwriting platform that provides cyber...
Jan 3 2022 // New Florida laws and regulations that govern insurance matters took effect Sunday. Some are minor changes to existing laws, but others could affect insurers and agents for years to come.Here’s a look at some of the...
Dec 29 2021 // Benchmark Insurance Company, subsidiary of Trean Insurance Group Inc. and a writer of program business, has formed a new excess and surplus lines subsidiary, Benchmark Specialty Insurance Company, an Arkansas domestic...
Dec 29 2021 // In an effort to continue 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...
Dec 27 2021 // Hallmark Financial Services, Inc. announced last Thursday that it will no longer actively pursue a previously announced separation of its specialty commercial business segment and will not proceed with an initial public...
Dec 27 2021 // Lloyd’s has launched a new renewable energy consortium, to respond to the growing needs of the Asia-Pacific region and supporting countries, as they transition to greener energy solutions.Developed by the...
Dec 21 2021 // Nephila, the Bermuda-based insurance-linked securities manager, has funded its newly launched Syndicate 2358, with capital provided through London Bridge Risk PCC (LBR PCC), a Lloyd’s-sponsored protected cell...
Dec 20 2021 // Argo Group International Holdings Ltd., the Bermuda-based underwriter of specialty insurance, announced an agreement to sell its Malta business operations, ArgoGlobal Holdings (Malta) Ltd. and its subsidiaries, to...
Dec 16 2021 // Mosaic Insurance, the Bermuda-headquartered startup and Lloyd’s specialty insurer, operates with a unique structural twist. Its hybrid model has the flexibility of a managing general agent (MGA), the stability of a...
Dec 13 2021 // Ryan Specialty Group, an international specialty insurance firm, has signed an agreement to acquire certain assets of Keystone Risk Partners LLC based in Media, Pennsylvania. Terms of the transaction were not...
Dec 8 2021 // Texas surplus lines premiums amounted to $685.5 million in November, according to the Surplus Lines Stamping Office of Texas. Surplus lines premiums total $8.27 billion year-to-date, a 14.8% increase in year-to-date...
Dec 8 2021 // Argenta Syndicate Management Ltd. (ASML), a subsidiary of Argenta Holdings Ltd., announced it will cease underwriting all new and renewal business relating to the Lloyd’s China platform (LICCL) with immediate effect...
Dec 7 2021 // Sartain Named Marsh Specialty Leader for U.S. and CanadaInsurance broker Marsh announced the appointment of Michelle Sartain as head of Marsh Specialty for the U.S. and Canada, effective January 1, 2022. Sartain will...
Dec 6 2021 // Monarch E&S Insurance Services, a division of Specialty Program Group LLC, acquired the assets of Anderson & Murison Inc. in Los Angeles, California. A&M is a national surplus lines broker and underwriter of...
Dec 3 2021 // Specialist liability underwriter Medical & Commercial International (MCI) announced the launch of a ground-breaking communicable disease liability (CDL) cover.Based on extensive epidemiological research by leading...
Dec 2 2021 // New digital managing general agency Joyn is expanding its excess and surplus coverage offerings to a total of 28 states plus Washington, D.C.The majority of the new offerings are excess lines of business in 21 states and...
Nov 30 2021 // The Texas Surplus Lines Association announced the election of Justin Kotrla as its new president following the group’s annual meeting held in Austin earlier in November.Kotrla is senior vice president, Property &...
Nov 30 2021 // Applied Specialty Underwriters has launched a new infrastructure and construction practice and named Christopher Day as president. Additionally, John Schlosser has been named to lead the infrastructure underwriting...
Nov 19 2021 // It’s an interesting time in the surplus lines industry with insurance rates increasing and capacity being limited in some classes of business. It’s a time when maintaining focus is critical to finding success,...