All the headlines from our Surety Topic Page, ordered by recency.
Feb 22 2023 // WTW Adds 2 Surety Experts in NortheastBroker WTW, headquartered in London, has made two leadership appointments to its North American Corporate Risk & Broking (CRB) surety business in the U.S. Tom Rhatigan has been...
Feb 14 2023 // BMS, the London-based independent specialty re/insurance broker, announced that BMS Iberia has signed a deal to acquire Seguros Viafina (Viafina), the Spanish specialty insurance and reinsurance broker.The acquisition is...
Jan 31 2023 // NFP Hires Hawley as Senior Vice President in its Surety Practice NFP, a New York, NewYork-based property and casualty broker, benefits consultant, wealth manager, and retirement advisor, has hired Aaron Hawley as a senior...
Jan 31 2023 // This post is part of a series sponsored by IAT Insurance Group. The perfect storm of inflation, supply-chain disruptions and ongoing labor shortages is adding additional risk factors to construction projects in...
Jan 12 2023 // The Hilb Group has acquired Oak Ridge Surety Agency in West Chester, Pennsylvania, which specializes in surety bond programs and commercial insurance. Martin Hellman and his team of insurance professionals will become part...
Nov 4 2022 // AmTrust Financial Services Inc. acquired Contractor Managing General Insurance Agency Inc. in California. CMGIA will offer surety bonds to small to mid-size contractors across 50 states. The company is led by Stephanie...
Aug 5 2022 // This post is part of a series sponsored by Old Republic Surety.Why do surety underwriters ask so many questions of construction contractors? We have answers for you to share with your construction insurance clients. And if...
Jul 29 2022 // This post is part of a series sponsored by Old Republic Surety.Large surety accounts aren’t handled as mere transactions. They require a relationship based on mutual trust in which the independent agent plays a...
Jul 25 2022 // BMS Group, the independent specialist re/insurance broker, announce the acquisition of Calomex, the Mexico City-based specialist reinsurance broker, by BMS Re.The terms of the transaction were not disclosed. Established in...
Jul 18 2022 // This post is part of a series sponsored by Old Republic Surety.Many independent surety bond producers are approaching retirement age. At the same time, government construction contractors who rely on surety bonds are...
Jul 5 2022 // Arthur J. Gallagher & Co. acquired La Mesa, Calif.-based Wrightman, Inc., doing business as Surety Associates of Southern California Insurance Services. Cyndi Beilman and her associates will continue to operate from...
Jun 15 2022 // This post is part of a series sponsored by Old Republic Surety.Any insurance agency that has a book of surety business can use the information here about prequalifying a surety company. The number of surety companies...
Jun 2 2022 // UFG Surety named Brian Daniels as a regional manager overseeing expansion of its surety bonding business into the Northwestern U.S.Daniels is located in Seattle, Washington. UFG Surety is the surety division of UFG...
May 26 2022 // Socotra Acquires Avolanta, Adding Unified Agent and Customer PortalInsurance carrier technology firm Socotra reports it has acquired Avolanta, a Columbia, South Carolina software startup offering a unified portal built for...
May 25 2022 // The Hilb Group said it has acquired a book of commercial property/casualty insurance and surety bond business in its tri-state region of operations.The company said that the seller, Scott Kuzmic, a commercial...
May 12 2022 // This post is part of a series sponsored by Old Republic Surety.Cross-selling surety and commercial insurance makes marketing sense: Boosting your exit barriers increases your value. An insurance agent who can accommodate...
May 12 2022 // Marsh Launches Renewable Energy FacilityInsurance broker Marsh announced the launch of a renewable energy facility that provides streamlined, dedicated insurance capacity for mid-scale solar and battery energy storage...
May 3 2022 // Oberg Joins S&S as Commercial Account ExecutiveRhode Island-based Starkweather & Shepley Insurance Brokerage (S&S) reports that Nathan Oberg has joined its commercial division and will focus on the marine...
Apr 26 2022 // Quigley Named Ascot’s Head of SuretyAscot appointed Tara Quigley executive vice president and head of Surety. She will be responsible for developing, and managing Ascot’s Surety portfolio across the U.S. Her...
Mar 21 2022 // Betz to Lead New Applied Surety OperationApplied Underwriters continues its specialty lines expansion with the launching of Applied Surety Underwriters. Based in Houston, this new division will focus on large, commercial...