All the headlines from our Excess Surplus Topic Page, ordered by recency.
Aug 31 2020 // AXIS Insurance and AllDigital Specialty will launch an insurance platform designed for the U.S. small private company management liability market.AXIS will utilize AllDigital’s technology to quote, bind and issue...
Aug 25 2020 // National E&S Insurance Brokers has launched COVID-19 cleaning coverage with an “A” rated carrier specifically designed for non-fire/water restoration contractors who wish to perform COVID-19 cleaning and...
Aug 25 2020 // Lloyd’s of London does not have to pay the U.S. government’s Federal Deposit Insurance Corp. $3 million in judgment interest because the FDIC waited too long —18 months after a final judgment — to try to...
Aug 25 2020 // Lloyd’s of London has named Carey Bond as U.S. head of Claims, a newly created role that stems from the Future at Lloyd’s strategy.Based in Greenville, South Carolina, he’ll be responsible for overseeing...
Aug 24 2020 // Berkshire Hathaway Specialty Insurance (BHSI) has appointed Dr. Carsten Keune as head of Executive & Professional Lines in Germany. Carsten has more than 20 years of industry experience. He was most recently head of...
Aug 21 2020 // Direct Insurance Group has appointed Simon England to business development manager for its Lloyd’s broker division, Direct Insurance London Market (DILM).England joins from Compass where he was strategic accounts...
Aug 21 2020 // The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there a signs of improvement, according to analysts at S&P Global Ratings.S&P notes...
Aug 19 2020 // The construction industry may emerge from the pandemic strong or relatively unscathed compared to other segments of the economy. But it also faces its share of challenges in managing exposures, delays, added costs and...
Aug 13 2020 // Cybersecurity insurance company Elpha Secure and partner Sterling New Age Cyber have introduced ES-1000, a service bundle package that focuses on mitigating risk and cyber threat to clients through cyber software,...
Aug 11 2020 // The Lloyd’s re/insurance market announced the latest cohort of insurtech disruptors that will join its Lloyd’s Lab innovation accelerator program with a focus on COVID-19 products and solutions.The insurtechs...
Aug 11 2020 // Trident Marine Managers, Inc. (Trident) has reached a delegated authority underwriting agreement with Nationwide E&S to provide recreational marine and marine equipment insurance, along with workers’ compensation...
Aug 6 2020 // Ed, the London-based reinsurance, wholesale and specialty broker, announced the appointment of Assad Ulhaq as senior broker and producer with immediate effect. In this role Ulhaq will focus on international property...
Aug 5 2020 // New Jersey-based specialty lines program administrator Axon Underwriting Services has acquired the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. contaminated and consumer products recall...
Aug 4 2020 // Lloyd’s, the specialist insurance and reinsurance market, announced it has promoted Pavlos Spyropoulos to CEO of Lloyd’s Asia and country manager of Singapore, effective July 29, 2020.Spyropoulos has more than...
Aug 3 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced that it has appointed Kapil Palathinkal as head of First Party Lines, Middle East, and Carlos Beltran as head of First Party Lines, Asia, overseeing General Property,...
Jul 31 2020 // The Lloyd’s re/insurance market has launched a Culture Dashboard and has set a gender target for the market supported by a commitment to achieve parity between men and women over the next decade.These measures mark...
Jul 30 2020 // RB Jones Marine, a business unit of H.W. Kaufman Group that focuses on the commercial marine and excess energy space, has launched an Ocean Cargo Stock Throughput Product in partnership with Atain Insurance Companies.RB...
Jul 28 2020 // A Newport Beach, Calif.-based specialty broker believes that now is the best time to start offering pandemic insurance.Elite Risk Insurance, which specializes in bespoke risk, is offering Pandemic Outbreak with COVID-19...
Jul 28 2020 // The Surplus Lines Stamping Office of Texas (SLTX) has filed a recommendation for a decrease in the stamping fee rate with the Texas Department of Insurance.In a letter to Insurance Commissioner Kent Sullivan, SLTX said its...
Jul 27 2020 // As part of the proposed changes to its insurance operating model announced in April, AXA XL has appointed its new Americas leadership team, reporting to Joe Tocco, chief executive officer for the Americas.The appointments...