All the headlines from our Excess Surplus Topic Page, ordered by recency.
Jun 6 2019 // Surplus lines premium in Texas has consistently broken records each month in 2019, according to data recorded by the Surplus Lines Stamping Office of Texas (SLTX). For the first five months of this year, each recorded...
Jun 6 2019 // Burbank, Calif.-based Monarch E&S Insurance Services has named Phillip Morton vice president, commercial lines department manager. He was previously a senior underwriter/broker for the firm. Monarch is a division of...
Jun 4 2019 // Burbank, Calif.-based Monarch E&S Insurance Services has named Devon Borisoff vice president, director of carrier relations. He was previously a commercial underwriter for Monarch. Borisoff has held past positions with...
Jun 4 2019 // HDI Global Specialty SE announced the appointment of Alan Waters as global head of Distribution and Business Development. Waters will report to Richard Taylor, a member of the Executive Board of Management and UK managing...
Jun 3 2019 // Ryan Specialty Group has acquired the assets and operations of Atlantic Specialty Lines Inc. Terms of the transaction were not disclosed.The ASL team is now a part of R-T Specialty, the wholesale brokerage unit of Ryan...
Jun 3 2019 // Burbank, Calif.-based Monarch E&S Insurance Services has added Stefanie Mcleod to its management team as vice president and personal lines department manager. Mcleod will be working out of the Burbank office. She...
May 29 2019 // Cyber insurance MGU At-Bay has launched an excess cyber insurance policy for clients with up to $5 billion in annual revenue, with available limits up to $10 million.At-Bay developed this product to fulfill broker demand...
May 29 2019 // Appalachian Underwriters, Inc. has hired three new underwriters to its Commercial Specialty division.April Cook comes to AUI with background in the underwriting industry, starting as a property and casualty renewal...
May 28 2019 // Agents and brokers can now input policy limit information directly into the Surplus Line Stamping Office of Texas’ (SLTX’s) Electronic Filing System (EFS).A new field has been added to the system to allow input...
May 23 2019 // Two pieces of legislation impacting the surplus lines insurance industry in Texas have been passed by state lawmakers and are headed to the governor’s desk, the Surplus Lines Stamping Office of Texas (SLTX)...
May 23 2019 // Liberty Mutual Reinsurance the reinsurance arm of Liberty Specialty Markets, announced it has launched a reinsurance operation under Lloyd’s registration in Mexico to serve clients in Mexico and Central America.The...
May 22 2019 // Bermuda-based Armour Group Ltd. announced the appointment of John Parry as group chief financial officer. Parry will assume his new position in June and report directly to the group executive committee.A seasoned senior...
May 22 2019 // Teri Brinson, Randy Myers and Leslie Milvo have been named to the Surplus Lines Stamping Office of Texas (SLTX) board of directors, with three-year terms set to run through Dec. 31, 2021.Brinson is vice president at LP...
May 21 2019 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance, appointed Paul Kunzer to the role of head of Trade Credit Multi-Buyer and Excess of Loss (XOL). Based in Chicago, Kunzer will lead the development of...
May 21 2019 // Burbank, Calif.-based Monarch E&S Insurance Services hired Matt Romano as vice president to launch the firm’s flood practice. Romano for the last seven years has worked both as a retailer and wholesaler...
May 20 2019 // HDI Global Specialty SE, the specialty lines insurer, has recruited Martin Jackson as head of aviation and space. Jackson joins the London office on May 20 from Neon, where he was class underwriter, marine and transport....
May 20 2019 // Allianz Global Corporate & Specialty (AGCS) announced that Baptiste Ossena, global product leader of Hull and Marine Liabilities (HML), is assuming additional responsibility as the North American regional head of HML....
May 16 2019 // The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23.“This acquisition is a significant milestone for our company and...
May 16 2019 // AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Specialty Risk of America (SPRISKA) in...
May 14 2019 // San Diego-based K2 Insurance Services, a specialty insurance services holding company, has found a new equity partner.Lee Equity Partners, a middle market private equity firm, has agreed to acquire a majority ownership...