Latest Excess Surplus Headlines

All the headlines from our Excess Surplus Topic Page, ordered by recency.

AmTrust E&S Insurance Services Taps Lynn to Lead New Excess Casualty Division

Sep 24 2019 // AmTrust E&S Insurance Services is expanding its offerings with the launch of an excess casualty underwriting division.To lead the Los Angeles-based new business unit, AmTrust E&S has hired Jeff Lynn, who brings 15...

Lloyd’s Culture Survey Reveals ‘Ugly’ Levels of Sexual Harassment

Sep 24 2019 // Lloyd’s announced the results of its culture survey, which was commissioned in March in the wake of press reports of rampant sexual harassment in the market. The survey confirms that many women are enduring a toxic...

Excess & Surplus Market Soars as Standard Carriers, Lloyd’s Drop Accounts

Sep 24 2019 // Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed.The excess and surplus lines sector is enjoying its...

Monarch E&S Insurance Services Opens Florida Branch

Sep 24 2019 // Monarch E&S Insurance Services, a division of SPG Insurance Solutions, a full-service MGA and wholesale broker, has opened a new branch in Florida. The new branch is part of the company’s plans to expand its...

CAC Specialty Names Former Aon, JLT Specialty Executive Rice as CEO

Sep 23 2019 // Newly-launched specialty insurance broker CAC Specialty announced the appointment of Michael D. Rice II as its chief executive officer.Rice brings years of experience in the brokerage industry. Most recently, he served as...

Staying Profitable in an Increasingly Fragmented World: SCOR Global P&C CEO

Sep 23 2019 // There are several things that keep SCOR’s Jean-Paul Conoscente awake at night. Climate change is one of them; cyber risk is another. Only time will tell whether these risks are actually insurable, cautions...

Essary Out as Executive Director of Texas Surplus Lines Stamping Office

Sep 20 2019 // The Surplus Lines Stamping Office of Texas (SLTX) board of directors announced that SLTX Executive Director Norma Essary will separate from employment, effective Oct. 17, 2019. The board voted Sept. 17 to relieve Essary of...

Generali Launches U.S. Specialty Insurance Division, Focusing on Warranty Services

Sep 20 2019 // Generali US Branch, the U.S. arm of Generali Group, announced the launch of its Specialty Insurance Division, which will focus on providing warranty services and solutions.The Specialty Insurance Division will provide both...

Lloyd’s to Open Miami Office to Expand Its Latin American and Caribbean Business

Sep 19 2019 // Lloyd’s plans to set up an office in Miami to support business development in the Latin American and Caribbean markets.“Latin America is a key market for Lloyd’s, with premium close to US$1.5...

Lloyd’s Expects ‘Sobering’ Results from Survey of Workplace Culture

Sep 18 2019 // Lloyd’s of London expects “sobering” results from a survey of the workplace culture at its member firms, the insurance market’s chairman said on Wednesday as a rise in investment income drove a...

Lloyd’s Names Sansom Chief Risk Officer, Announces Departure of Chief People Officer

Sep 18 2019 // Lloyd’s announced that David Sansom has been confirmed as chief risk officer, subject to regulatory approval.Sansom’s remit includes all areas of risk management within the Corporation of Lloyd’s as well...

Lloyd’s Returns to Profit in 1st Half After 2 Full Years of Losses

Sep 18 2019 // Lloyd’s of London, the world’s biggest insurance market, returned to profit in the first half after two full-year losses.The more than 300-year-old corporation made a profit before tax of 2.3 billion pounds...

Marsh Taps AIG’s Manson, Aon’s Mills for U.K. Mgmt Liability, Wholesale Placement Roles

Sep 17 2019 // Marsh, the insurance broker and risk adviser, announced the appointments of Stephanie Pestorich Manson as chief client officer for Management Liability and head of Directors’ & Officers’ (D&O) Product...

Specialty Lines Insurance: Innovating at the Edges of Society and the Economy

Sep 17 2019 // Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new risks, especially when...

The Remaking of Disgrace Insurance

Sep 16 2019 // As co-founder and chief executive officer of the predictive analytics firm Spotted, Janet Comenos knows a lot about famous actors, artists, athletes and celebrity advertising. Her Boston startup matches companies with...

Today’s E&S Market Is an ‘Overwhelming’ Success

Sep 16 2019 // Demand for surplus lines insurance rose dramatically in 2018 and is continuing to expand this year, so much so that some in the sector are feeling a bit overwhelmed.The excess and surplus lines sector is enjoying its...

Surplus Lines: Innovation Incubator

Sep 16 2019 // The surplus lines marketplace is often viewed as the insurer of last resort, the marketplace for bad risks with poor loss records. But particularly in a time of great economic growth like now — we’re also the...

The Importance of a Healthy E&S Market

Sep 16 2019 // There is a special segment of the insurance industry that can be maligned at times because of how it operates, but it is critically important to a healthy insurance marketplace. That industry segment is the excess and...

Hardening Markets, Social Inflation, E&S Business: Berkley, AIG Execs Face Analysts

Sep 13 2019 // The commercial general liability line will be the next property/casualty line to harden, the chief executive of W.R. Berkley Corp. predicted at an industry conference.Speaking at the Keefe, Bruyette & Woods Insurance...

Liberty Specialty Markets Promotes Montoya to President of U.S., Bermuda and LatAm

Sep 12 2019 // Liberty Specialty Markets (LSM) announced the appointment of Alexander Montoya as president of U.S., Bermuda and LatAm, effective immediately. LSM also announced Wilhelm Schaugg has joined Montoya’s team.Wilhelm...