All the headlines from our Excess Surplus Topic Page, ordered by recency.
Apr 28 2021 // Houston-based Skyward Specialty Insurance Group Inc. (Skyward Specialty) has launched its Healthcare Professional Liability practice led by Brenda Craig, April Gilcreast and Chantelle Burton.Underwriting will focus on...
Apr 27 2021 // Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched its Vacant Property Program...
Apr 23 2021 // Lloyd’s of London was the focus of climate change activists on Friday, when a group called “Insurance Rebellion” used a dump truck to deposit a large pile of fake coal in front of the Lloyd’s...
Apr 23 2021 // Kroll Bond Rating Agency (KBRA) has assigned an “AA-” insurance financial strength rating (IFSR) to Lloyd’s with a stable outlook.Newly appointed to provide an additional independent opinion of the...
Apr 20 2021 // Pathpoint, a digital excess and surplus lines insurance distributor, has launched its Lessor’s Risk Only (LRO) Commercial Package for agents to access non-admitted coverage for property owners with a single...
Apr 19 2021 // Commercial auto insurer Lancer Insurance Co. has agreed to merge with another specialty insurer, Core Specialty, where it will operate under its own brand name as Core Specialty’s ninth specialty property/casualty...
Apr 19 2021 // Helix Underwriting Partners Ltd., the Bermuda-based managing general agency, has expanded its agency platform into the excess casualty insurance segment.The move will see Tim Hadler join as chief underwriting officer to...
Apr 16 2021 // Corvus Insurance, a provider of commercial insurance products powered by AI-driven risk data, and Skyward Specialty Insurance Group, a specialty property and casualty market, have partnered partnership to expand...
Apr 15 2021 // Insure our Future, the anti-fossil-fuel campaign group, is pressuring Lloyd’s to immediately stop insuring coal and new oil and gas projects that exacerbate climate change.The group has launched a website, which is...
Apr 15 2021 // Lloyd’s announced the next 11 insurtech start-ups that are participating in the sixth cohort of its Lloyd’s Lab innovation accelerator program.These insurtechs will be focused on creating simpler products for...
Apr 15 2021 // Hallmark Financial Services Inc., a property/casualty insurance company with three business segments – Specialty Commercial, Standard Commercial and Personal – plans to pursue an initial public offering of a...
Apr 12 2021 // More than $877 million in surplus lines premium was recorded in Texas in March, the Surplus Lines Stamping Office of Texas (SLTX) reports.SLTX says the $877.51 million in premium for March brings Texas’ year-to-date...
Apr 9 2021 // Increasingly, the world of insurance distribution has become highly specialized, utilizing technology and a multitude of parties to reach customers worldwide. The surplus lines industry is no exception. Surplus lines...
Apr 1 2021 // Risk Strategies, a Boston, Massachusetts-based national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions (SIS), expanding capabilities in its national student health...
Mar 31 2021 // The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s of London, its chairman said on Wednesday, as the insurance market recorded a 900 million pound ($1.2 billion)...
Mar 25 2021 // AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Upland Specialty Insurance Co. (Upland Specialty) in Dallas.The outlook assigned to these...
Mar 25 2021 // LONDON – When the pandemic is over, the brokers of Lloyd’s of London could haggle with underwriters from home in their underpants, and ditch their pinstripes at the office.A trade body representing brokers took a...
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...