All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jun 5 2017 // Fort Worth-based InsureZone announced the release of MGA Pro, which can provide real-time surplus lines rating from 25 carriers. InsureZone purchased MGA Pro in 2016 in order to add surplus lines rating to its suite of...
May 24 2017 // A.M. Best has revised the long-term issuer credit rating (long-term ICR) outlook to stable from positive and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb” of MGA...
May 24 2017 // Brea, CA, May 24, 2017 – Today, XDimensional Technologies announced the XD Insurance Processing Platform™ now supports Usage-Based Insurance (UBI) and Telematics, which expands market access and opportunities for its...
May 23 2017 // Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division.The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will report...
May 22 2017 // RSG Underwriting Managers (RSGUM) has formed Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing marine practice.Smooth Waters, LLC, serves as a...
May 17 2017 // LevelFirst, the Dallas-based wholesale broker and MGA binding facility owned by IIAT Services Co., has promoted Kate Innocent to vice president.The promotion coincides with Innocent receiving a life/health insurance...
May 10 2017 // Nexus Group, the London-based independent specialty managing general agent (MGA), has formed a partnership with Beazley to provide cyber insurance with effect from May 1, 2017.Nexus will underwrite the new line, offering...
May 2 2017 // Fidelis Insurance announced that it is further developing its niche specialty offerings by sponsoring a new managing general agent that focuses on specialty reinsurance.Fidelis said it will be providing investment and...
Apr 27 2017 // Pen Underwriting has formed a new strategic partnership with specialist insurer Markel International to further consolidate Pen’s presence in the UK equestrian market and drive the company’s product innovation...
Apr 25 2017 // The Surplus Lines Stamping Office of Texas (SLTX) announced three new members have been appointed to its board of directors.These individuals are part of a nine-member board appointed by the Texas Commissioner of...
Apr 21 2017 // Nirvana Risk Partners has launched as an underwriting cell on Castel Underwriting Agencies’ MGA formation platform, targeting media, technology and cyber liability risks.Nirvana will underwrite risks for small and...
Apr 13 2017 // AXIS Capital Holdings Limited’s AXIS Insurance has launched AXIS Privatus Platinum, a new modular management liability policy designed to offer flexible insurance options for managing the changing needs and risks...
Apr 7 2017 // Plum Underwriting, the London-based specialist home insurance managing general agent, announced the launch of cyber and data risks cover embedded within high net worth (HNW) and mid net worth (MNW) home insurance products...
Apr 6 2017 // Texas-based full service independent managing general agency and surplus lines broker, MD Jensvold & Co. Inc., has opened a location Shreveport, Louisiana, and added three new members to its team.John Hellyer joins...
Apr 6 2017 // Signs point to 2017 being another year of “robust” mergers and acquisitions, thanks in part to a number of ongoing industry trends and a current government climate that show no sign of letting up, Conning said...
Apr 4 2017 // Paragon Insurance Holdings LLC (Paragon), an Avon, Conn.-based multi-line specialty program manager, has added Justin Faust to the Paragon executive management team as Chief Financial Officer.“Justin will lead...
Mar 31 2017 // Atlanta, GA, March 31, 2017 — Blue River Underwriters, a Breckenridge Insurance Group company, has promoted specialty property senior vice president Jared Mathis to executive vice president of the division. As executive...
Mar 30 2017 // Yachtpod Risk Partners has launched as an underwriting cell on the Castel Underwriting Agencies Ltd.’s MGA formation platform to offer dedicated superyacht insurance on a worldwide basis.Yachtpod specializes in...
Mar 20 2017 // Insurance Journal examined industries experiencing changes, challenges, expansions and growth in the past year.For 2017, experts predict the U.S. economy will continue to expand. “Job growth means higher payroll,...
Mar 8 2017 // The insurance industry could soon have a new acronym: WSIA. Introducing the Wholesale and Specialty Insurance Association (WSIA).That’s the name and acronym for the new wholesale, specialty and surplus lines...