All the headlines from our Excess Surplus Topic Page, ordered by recency.
Oct 21 2021 // Cowbell Cyber, an AI-powered cyber insurance provider for small to medium enterprises, announced a strategic partnership with Palomar Excess & Surplus Insurance Co. to expand its offerings on a non-admitted basis...
Oct 20 2021 // Hamilton Insurance Group Ltd. announced its decision to cease writing property treaty reinsurance through Syndicate 4000 in London.“We regularly review our book to ensure that we continue to drive underwriting...
Oct 19 2021 // Specialist insurer Beazley has received in-principle approval from Lloyd’s to launch Syndicate 4321 from Jan. 1, 2022. Once fully approved, the syndicate will focus exclusively on offering additional capacity to...
Oct 14 2021 // Skyward Specialty Insurance Group is broadening its professional and management liability offerings for the U.S. legal cannabis market by adding cannabis-related risk to multiple coverage classes. The company’s...
Oct 14 2021 // This edition of International People Moves details appointments at broker Willis Towers Watson, specialty insurer Fusion and insurer Beazley.A summary of these new hires follows here. Willis Towers Watson Hires ERS’...
Oct 12 2021 // Apollo Group Holdings Ltd., the largest independent, management-owned business at Lloyd’s, announced it has agreed a $90 million investment by Alchemy Special Opportunities Fund IV LP.Apollo said the investment will...
Oct 12 2021 // SECURA Insurance has begun offering its specialty lines products in Pennsylvania. For the initial launch, the company is partnering exclusively with Keystone agencies throughout the state focusing on classes such as...
Oct 12 2021 // This edition of International People Moves details appointments at re/insurer SiriusPoint, insurer HDI Global, and Lloyd’s broker Besso.A summary of these new hires follows here. SiriusPoint Appoints Top Reinsurance...
Oct 12 2021 // Rokstone, the London-based speciality re/insurance managing general agency, has launched a new terrorism facility with “A”-rated capacity in the UK. The news follows the launch of its terrorism product in the...
Oct 11 2021 // Powered by InsuranceJournal.tvIt may not come as much of a surprise to those who know about insurance and cannabis that the business is written mostly by the surplus lines market. Just how much is written there vs. the...
Oct 7 2021 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, acquired the assets of CM&F Group, a digital provider of healthcare liability insurance coverage for...
Oct 6 2021 // Texas surplus lines premium recorded during September totaled $699.8 million, bringing the state’s year-to-date premium up to $6.88 billion.The Surplus Lines Stamping Office of Texas (SLTX) said the year-to-date...
Oct 6 2021 // LONDON — British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd’s of London insured many of those vessels, the people chained below deck sometimes categorized as...
Oct 5 2021 // This edition of International People Moves details appointments at Ed Bermuda, Mosaic Insurance and Berkshire Hathaway Specialty Insurance (BHSI).A summary of these new hires follows here. Ed Bermuda Names Marsh’s...
Oct 5 2021 // Safety National Re, a division of Safety National Casualty Corp., made changes to its management team.Bob King, formerly senior vice president and chief underwriting officer of Treaty Reinsurance, assumed the role of...
Oct 4 2021 // Lloyd’s broker Tysers has developed and diversified its entertainment insurance products and services to reflect the new live events landscape.For the music & live events sector, the broker has launched two...
Oct 4 2021 // The U.S. surplus lines market experienced direct premium growth of 17.5% in 2020, the largest year-over-year premium increase since 2003, according to an AM Best report.The 2020 increase in direct premium written comes on...
Sep 28 2021 // Program provides additional protection over scheduled coveragesWoodbridge, N.J., September 28, 2021 – NIP Group (www.NIPGroup.com), a market leader in insurance program administration, is proud to announce the addition...
Sep 23 2021 // Volante Capital Holdings (Bermuda) Ltd., the international multi-class managing general agency platform, has received “in-principle” approval from Lloyd’s to launch Syndicate 1699 for the 2022 year of...
Sep 23 2021 // IAT Insurance Group, a provider of specialty property/casualty and surety products, promoted Coy Rudd to lead the insurer’s excess and surplus business unit as executive vice president.IAT’s E&S unit...