All the headlines from our Excess Surplus Topic Page, ordered by recency.
Sep 19 2024 // Lloyds of London, the re/insurance marketplace, announced that Sir Charles Roxburgh has been named its next chair, subject to regulatory approval.Sir Charles will take up the position on May 1, 2025, succeeding Bruce...
Sep 18 2024 // The Awbury Group and Polo Managing Agency Ltd. have announced that Lloyd’s has granted “in principle” approval for Awbury Syndicate 2025 to commence underwriting from Jan. 1, 2025.Awbury Syndicate 2025 is...
Sep 16 2024 // The property/casualty insurance industry and excess and surplus lines brokers in particular are at the world’s beck and call to help navigate what is an increasingly risky environment. The industry continues to...
Sep 16 2024 // Wholesale insurance teams are up for a challenge, and they need to be. Rising rates, shrinking appetites, hurricanes, wildfires and increased demand mean those working in the excess and surplus (E&S) sector are facing...
Sep 13 2024 // Tokio Marine Kiln (TMK), the international specialist insurer, announced the formation of a new Specialty Reinsurance division to support the company’s growth ambitions in the sector.The new division will be led by...
Sep 12 2024 // Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for dealing with bad behavior could be...
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...