All the headlines from our Excess Surplus Topic Page, ordered by recency.
Mar 24 2021 // Lloyd’s has launched a parametric earthquake insurance policy in New Zealand, in partnership with start-up Bounce Insurance, which uses cutting-edge technology and real-time data to automatically pay customers within...
Mar 22 2021 // Top quartile Lloyd’s Syndicate 1225, managed by AEGIS Managing Agency Ltd. (AEGIS London), is moving to a new office to accommodate its growing number of employees.The office, which will open fully once COVID...
Mar 18 2021 // Roanoke Insurance Group is expanding to Canada to provide insurance and surety bonds to companies involved in logistics, transportation and shipping. The new entity, Roanoke Insurance Group Canada, Inc., (RIG CA), is an...
Mar 10 2021 // Berkshire Hathaway Specialty Insurance (BHSI) has named Anthony Tatulli as head of Executive & Professional Lines for North America. He will have overall underwriting responsibility for Directors and Officers...
Mar 9 2021 // Texas surplus lines insurance premium recorded in Texas in February totaled $509.48 million, the Surplus Lines Stamping Office of Texas (SLTX) has reported. With the addition of February premium, the year-to-date total...
Mar 8 2021 // Peoria, Illinois-based specialty insurer serving niche property, casualty and surety markets, RLI Corp., has promoted or named several leaders to new roles.Kevin Horwitz, vice president, Claim, has assumed the role of vice...
Mar 8 2021 // Global investment firm KKR is acquiring a majority interest in Integrated Specialty Coverages (ISC) Carlsbad, Calif.-based multi-line insurance distributor that utilizes advanced artificial intelligence (AI) engineering...
Mar 8 2021 // Sierra Specialty has launched an agribusiness program now available in all 50 states. Sierra Specialty has sole authority to underwrite, bind, and issue policies for this program, focusing on the farming and agriculture...
Mar 1 2021 // Surplus lines premium continues its steady rise in Texas, with $613.58 million recorded in January, and increase of 13.6% compared with January 2020, according to the Surplus Lines Stamping Office of Texas (SLTX). Many...
Mar 1 2021 // Lloyd’s announced on Friday, Feb. 26 that it plans to re-open its London underwriting room and corporation offices on May 17.To manage capacity and ensure the market is COVID-secure, it will once again apply a class...
Mar 1 2021 // Specialty Program Group LLC (SPG), an operator of specialty insurance brokerages and underwriting facilities, has promoted Susan Preston to vice president and director of program development for SPG. Preston has been...
Feb 26 2021 // SiriusPoint Ltd., the Bermuda-based international specialty insurance and reinsurance company, has launched today with more than $3 billion in initial capital.The company was created from the merger of specialty reinsurer...
Feb 25 2021 // Newly launched specialty lines insurer, Dallas-based Upland Capital Group (Upland), has added an Excess Transportation Liability (XTL) specialty insurance offering targeting fleet sizes up to 250 revenue producing...
Feb 24 2021 // Willis Towers Watson and Liberty Specialty Markets have partnered to offer reputational crisis insurance that enables organizations to transfer the financial risk associated with certain types of reputational crises and...
Feb 23 2021 // Lloyd’s has made notable progress in its push to become more inclusive, according to its 2020 culture survey, but it still has plenty of room for improvement—especially when it comes to the experiences of Black and...
Feb 23 2021 // Major Lloyd’s of London insurer Brit will not insure Adani Enterprises’ Carmichael thermal coal mine, it said on Tuesday, adding to a growing list of Lloyd’s insurers who have made similar...
Feb 22 2021 // In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines market “didn’t miss a beat.”That was the message from Ben McKay,...
Feb 19 2021 // Lloyd’s expects to reopen its underwriting room on Lime Street in London after Easter from April 12, or after the early May UK holiday on May 4.The decision will depend on the UK government’s update on the...
Feb 19 2021 // A.M. Best has upgraded its outlook for the U.S. excess & surplus lines insurance sector citing its resiliency in the face of pandemic challenges.A.M. Best revised its outlook for U.S. E&S to Stable from Negative....
Feb 19 2021 // Ensurance, the London-based specialty managing general agent, has announced a new capacity deal with AXA Insurance UK plc for its core construction and engineering products. AXA replaces Swiss Re as the MGA’s main...