All the headlines from our Excess Surplus Topic Page, ordered by recency.
Aug 6 2021 // Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced it has launched a licensed reinsurer in Bermuda.The group will offer a full suite of products from its Bermudan reinsurer, including...
Aug 4 2021 // Investment management firm TowerBrook Capital Partners and private equity firm Further Global Capital Management said they have completed the acquisition of ProSight Global, Inc., a New Jersey-based domestic specialty...
Aug 3 2021 // Houston-based CrossCover Insurance Services, a new managing general underwriter targeting middle-market commercial business, is entering the excess and surplus property market.CrossCover was established in partnership with...
Aug 3 2021 // Hartford Names Burns as Head of Marketing and Comms, Succeeding BromageThe Hartford has appointed Claire Burns chief marketing and communications officer, effective Sept. 1. Burns will report directly to Chairman and CEO...
Aug 2 2021 // Texas set another record in June for the amount of surplus lines premium recorded by the Surplus Lines Stamping Office of Texas (SLTX).The $947.48 million in premium reported in June brings the year-to-date total to $4.58...
Jul 29 2021 // Monarch E&SMonarch E&S Insurance Services has named Heather Currier operations manager. Currier will be based out of Monarch’s Florida branch with responsibilities covering the company’s national...
Jul 29 2021 // Lloyd’s of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday.Lloyd’s published a...
Jul 28 2021 // Sherri Hendricks, a Texas insurance professional with an extensive career in the industry and current president of Austin-based Specialty Insurance Managers, is retiring.In 1980, Hendricks began her career in insurance in...
Jul 23 2021 // Lloyd’s announced the appointment of Vicky Carter as deputy chair of Lloyd’s, effective Sept. 1, 2021.Carter has been an elected member of Lloyd’s Council since February 2019 and has worked in the...
Jul 21 2021 // Westfield, a Westfield Center, Ohio-based super-regional property/casualty insurance company with a 173-year history, is entering the specialty insurance business with the launch of Westfield Specialty.Westfield appointed...
Jul 21 2021 // edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan....
Jul 20 2021 // Austin, Texas-based Incline P&C Group, through its Incline Casualty Co., is partnering with CRC Group’s 5Star Specialty Programs on transportation risks.Incline P&C Group is an insurance program market...
Jul 20 2021 // Africa Specialty Risks (ASR), the pan-African focused reinsurance managing general agent, announced it has secured an additional $10 million in capacity for its Political Violence and Terrorism (PVT) division from...
Jul 20 2021 // This edition of International People Moves covers appointments at a new reinsurance broker, Ardonagh’s Inver Re; The Hartford’s Global Specialty business unit, and the aviation reinsurance division of MS Amlin...
Jul 20 2021 // Surplus lines premium exceeded $24 billion and premium bearing transactions exceeded 2.6 million through the first six months of 2021, according to the 2021 Midyear Report of the U.S. Surplus Lines Service and Stamping...
Jul 15 2021 // Apollo Syndicate Management, the London-based independent specialist insurer and reinsurer, announced it has been granted in-principle approval from the Council of Lloyd’s to convert Special Purpose Arrangement (SPA)...
Jul 15 2021 // Coalition, the San Francisco-based cyber insurance and security company, announced it will enter the excess cyber insurance market in Canada to help protect businesses with enhanced coverage.With the coverage, Coalition...
Jul 14 2021 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Vantage Risk Specialty Insurance Co. (Vantage Risk) in Chicago. Vantage Risk is a...
Jul 12 2021 // Chicago-based insurance broker Ryan Specialty Group Holdings has filed for its planned initial public offering.Ryan Specialty is offering 56,918,278 shares of its Class A common stock pursuant to a registration statement...
Jul 12 2021 // Applied Underwriters has acquired the U.S. Specialty Lines division of Generali Group including Generali Warranty Services, which offers extended warranty programs and contractual liability insurance services.Applied...