All the headlines from our Excess Surplus Topic Page, ordered by recency.
Feb 28 2025 // Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet insurer Health Paws, effective March 3.In his new role, Faynberg will have executive...
Feb 27 2025 // Templar Specialty announced that it is now expanding its executive and professional liability insurance offerings to include excess and A-side Directors & Officers coverage to public companies. This follows the success...
Feb 25 2025 // This edition of International People Moves details appointments at Markel and Specialty MGA UK.A summary of these new hires follows here. Markel Taps Johnson From Travelers as Senior U/W, Transport and LogisticsMarkel, the...
Feb 14 2025 // Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025.Convex said it...
Feb 12 2025 // Wildfire Defense Insurance Services Inc. has launched wildfire only coverage for E&S commercial property in California. The product is available for a range of commercial property classes of business. The target class...
Feb 6 2025 // The excess and surplus lines market continued to grow in 2024, with premium reaching more than $81 billion, according to annual reports from 15 state stamping offices released by the Wholesale & Specialty Insurance...
Feb 4 2025 // Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P.Based in Nashville, Tennessee, Velocity is a...
Jan 30 2025 // E&S property insurance market conditions were a recurring talking point on two recent earnings conference calls, but the leaders of specialty insurers offering commentary were not perfectly in lockstep in their...
Jan 30 2025 // This edition of International People Moves details appointments at Lloyd’s and Ryan Re.A summary of these new hires follows here. Lloyd’s Promotes Cliff to CFO, Succeeding KeeseLloyd’s, the insurance and...
Jan 29 2025 // Ignite Specialty Risk Names Patel as US Head of Intellectual Property UnderwritingIgnite Specialty Risk, headquartered in London, appointed Ankit Patel as U.S. head of intellectual property (IP) underwriting. With more...
Jan 24 2025 // Ki, the Lloyd’s digital follow platform, announced it completed the separation from its parent company, Fairfax Group, becoming a standalone subsidiary on Jan. 1, 2025.Ki was created in 2020 and started writing...
Jan 23 2025 // Anneren Family Holding Company, established to perpetuate the Ansay family’s legacy, has announced the appointment of Angela Sikowski as President and Nikki Kiss as Chief Operating Officer (COO). This transition...
Jan 21 2025 // The Professional Insurance Wholesalers Association (PIWA) and the New England Surplus Lines Association have merged. The combined organization will operate under the PIWA name and serve excess-and-surplus wholesalers...
Jan 16 2025 // There has been some question about whether California’s insurer of last resort – the FAIR Plan – has enough cash on hand to pay for its share of wildfire claims. As surplus is inadequate and reinsurance has a...
Jan 16 2025 // This edition of International People Moves details appointments at Lloyd’s and White Bear Group.Details of these new hires follows here. Lloyd’s Appoints AIG Veteran Baugh as New Council Member, Succeeding...
Jan 16 2025 // Lloyd’s syndicate AEGIS London announced the creation of a new Portfolio Solutions division that will focus on following third-party underwriting expertise in the London market.Led by respected underwriter Richard...
Jan 15 2025 // This edition of International People Moves details appointments at Lockton Re and Westfield Specialty International.A summary of these new hires follows here. Lockton Re’s International P/C Division Appoints Moruzzi...
Jan 8 2025 // Starting this spring, surplus lines brokers in Alabama must file quarterly reports showing all surplus lines transactions, the state Department of Insurance said this week.The rule is in keeping with state law and took...
Jan 8 2025 // Insurance broker Aon plc announced the appointment of John Neal as global CEO of Reinsurance and chairman of Climate Solutions, effective following the conclusion of Neal’s notice period at Lloyd’s of London...
Jan 7 2025 // Core Specialty Insurance Holdings Inc. and its subsidiaries have agreed to purchase London Aviation Underwriters Inc. (LAU), in a stock and cash transaction.Financial details of the deal, which is expected to close early...