All the headlines from our Excess Surplus Topic Page, ordered by recency.
Dec 13 2018 // The PURE Group has expanded its excess & surplus (E&S) high net worth offering, PURE Programs, into California.The coverage is tailored to high value, high-risk homes with broader coverage than is typically found...
Dec 12 2018 // AXA XL insurance has appointed new Excess & Surplus (E&S) Casualty product leads in the U.S.Ankur Chokshi has been promoted to head of E&S Primary Casualty and Brokerage and Binding Authority while Kimberly...
Dec 6 2018 // Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, is integrating its Ironshore Bermuda businesses and brands into one brand called Liberty Specialty Markets Bermuda.The new business will be led by...
Dec 5 2018 // At the end of November, the Surplus Lines Stamping Office of Texas (SLTX) had recorded $5.57 billion in Texas surplus lines premium, exceeding the $5.46 billion total reported for the full-year of 2017.This represents a...
Dec 5 2018 // JenCap Holdings LLC (JCH), a specialty insurance business, will acquire privately-held Risk Innovations LLC, a specialty wholesale insurance broker based in Atlanta, Georgia. Financial terms were not disclosed.Risk...
Dec 5 2018 // McClelland & Hine Managing General Agency, a division of Worldwide Facilities, has hired Micayla Brooks as director of Business Development for its San Antonio Branch office.Brooks has over 10 years of marketing and...
Dec 5 2018 // Swiss Re Corporate Solutions has appointed Daniel Vetter as head of Excess & Surplus North America, a newly-created role.Vetter will be responsible for the strategy and growth of the company’s E&S Property...
Dec 4 2018 // The stamping fee for Illinois surplus line policies an effective date of Jan. 1, 2019, and later will drop to 0.075 percent (premium X 0.00075), rounded to the nearest whole dollar, Surplus Line Association of Illinois...
Dec 3 2018 // U.S.-based data analytics firm Verisk has agreed to acquire Rulebook, a provider of business intelligence and software for the London Insurance Market.The purchase price is $87 million in cash, which Verisk said will be...
Dec 3 2018 // As more and more consumers click for services and borrow rather than buy, the sharing economy is benefitting.According to Harvard Business Review, the sharing or on-demand economy is attracting more than 22.4 million...
Nov 30 2018 // Beazley has appointed Reese Lever as a U.S. marine underwriter for the Southwest region.Reese joins Beazley’s office in Houston, Texas, from QBE where he was a vice president, marine, based in the same city. A...
Nov 29 2018 // The governor of Puerto Rico overhauled the U.S. territory’s insurance laws on Tuesday to help protect policyholders as thousands of claims remain unresolved more than a year after Hurricane Maria.Gov. Ricardo...
Nov 22 2018 // SCOR announced the formation of SCOR Europe SE, a Paris-based P/C specialty insurance company, to ensure the continuity of services after Brexit.With effect from Jan. 1, 2019, SCOR Europe SE, a fully owned subsidiary of...
Nov 21 2018 // Lloyd’s of London announced that its chief operating officer, Shirine Khoury-Haq, has decided to leave the corporation, after nearly five years.Khoury-Haq joined Lloyd’s in 2014 and is a member of Lloyd’s...
Nov 20 2018 // The Surplus Lines Stamping Office of Texas (SLTX) plans to launch “SMART,” its new online filing system in 2019.SLTX unveiled the new online system in a video presentation at the Texas Surplus Lines Association...
Nov 20 2018 // The London market’s electronic placing platform, PPL Ltd., exceeded targets during the third quarter as more and more syndicates and companies accepted risks via the platform.Beazley Syndicate 3623 topped the league...
Nov 19 2018 // AFL Insurance Brokers, the London-based Lloyd’s broker, was looking for an MGA platform in the United States and found the perfect partner when it purchased Zodiac Insurance Services, which specializes in...
Nov 16 2018 // At its recent annual meeting, the Texas Surplus Lines Association Inc. elected Matt Leicht, owner/underwriter at the Houston-based wholesale insurance firm, Craig & Leicht, as the group’s president.Jennifer Mier,...
Nov 16 2018 // Liberty Mutual has introduced a new distribution model for the U.S. in an effort to improve broker access to the insurer’s full suite of commercial and specialty insurance products.Shaun Kelly, president Global Risk...
Nov 15 2018 // Ohio-based insurance provider Tower Hill Specialty LLC says its property insurance products available are now available in Missouri.A subsidiary of Tower Hill Insurance Group LLC headquartered in Gainesville, Florida,...