Latest Underwriting Headlines

All the headlines from our Underwriting Topic Page, ordered by recency.

People Moves: Markel Taps AEGIS London’s Pressman as Senior U/W, Marine Cargo; GC&C Names Chubb’s Selff as Head of Underwriting Asia

Nov 22 2024 // This edition of International People Moves details appointments at Markel and Generali Global Corporate & Commercial.A summary of these new hires follows. Markel Taps AEGIS London’s Pressman as Senior...

Key Benefits of Underwriter Link: Seamless Integration with Legacy Systems and Enhanced Client Satisfaction for Wholesalers, MGAs, and Brokers

Nov 21 2024 // This post is part of a series sponsored by Selectsys.In the competitive insurance industry, Wholesalers, MGAs, and Brokers are always seeking ways to streamline operations, integrate new technology with legacy systems, and...

2025 Underwriting Trends for Worship Facilities

Nov 18 2024 // As insurers look to 2025, several trends are emerging that affect premium and deductible costs — leading to lengthy conversations between insurance agents and brokers and their customers.For worship facilities, some...

To Manage the Cycle Effectively, Focus on Underwriters’ Behavior

Nov 14 2024 // Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters find ways to adjust technical prices downwards? In the second part of a two-part...

People Moves: Price Forbes Taps BMS’s Morgan for Global Construction Team; MGA Altea Insurance Names Dixon as Senior Underwriter

Nov 13 2024 // This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance.A summary of these new hires follows here. Price Forbes Taps BMS’s Morgan for Global Construction...

Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO

Nov 12 2024 // Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing cyber underwriting activities: Envelop Risk Bermuda and Envelop...

Transforming Insurance Operations Across All Lines of Business with Underwriter Link

Nov 12 2024 // This post is part of a series sponsored by Selectsys.In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance...

AIG General Insurance Underwriting Profit Falls 28% in Q3

Nov 5 2024 // American International Group saw third quarter underwriting income in its general insurance segment fall 28% to $437 million due to higher catastrophe losses and lower favorable development on prior year reserves.The...

People Moves: Aon Underwriting Managers Appoints LSM’s Clapham as CUO; Lloyd’s Taps Aviva’s Adams as Chief People Officer, Succeeding Gomez

Nov 4 2024 // This edition of International People Moves details appointments at Aon Underwriting Managers and Lloyd’s of London.A summary of these new hires follows here. Aon Underwriting Managers Appoints LSM’s Clapham as...

NC Insurers Warned About Using Flood Denials in Underwriting

Nov 4 2024 // North Carolina Insurance Commissioner Mike Causey is reminding property insurers to refrain from raising homeowners’ premiums just because an insured filed a claim or inquiry in order to qualify for flood insurance...

Transforming Cyber and Tech E&O Insurance with Underwriter Link

Oct 30 2024 // This post is part of a series sponsored by Selectsys.As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage....

Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’

Oct 29 2024 // Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both...

IGI Expands in London Underwriting Hub Into Larger Offices

Oct 28 2024 // International General Insurance Holdings Ltd. announced it will move its London operations to new offices on the 15th floor of the so-called “Walkie-Talkie” building at 20 Fenchurch Street, London, EC3M 3BY on...

People Moves: Applied Underwriters Aerospace Names Parker Chairman

Oct 21 2024 // Richard Parker Applied Underwriters Aerospace, headquartered in Atlanta, has named Richard Parker as chairman of the Washington, D.C.-based group. Parker has over 35 years of experience in space insurance, satellite...

Markets/Coverages MGA Pen Underwriting Relaunches Large Corporate Cyber Offering

Oct 21 2024 // Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and...

Travelers Triples Q3 Net Income, Reverses Underwriting Loss

Oct 17 2024 // Travelers on Thursday said third quarter net income was $1.26 billion compared to net income of $454 million during the same period a year ago on record net premiums, favorable prior year reserve development, and higher...

People Moves: LM Re Taps Vantage Risk’s Sweeney as Specialty Casualty Underwriting Mgr; Marsh Promotes Thomas-Ferrand to Lead Captive Insurance as Charnley Retires

Oct 17 2024 // This edition of International People Moves details appointments at Liberty Mutual Reinsurance and Marsh.A summary of these new hires follows here. LM Re Taps Vantage Risk’s Sweeney as Specialty Casualty Underwriting...

People Moves: Aon Reinsurance Solutions Announces New Senior Leadership Roles; Ryan Specialty Underwriting Managers Int’l Hires 3 in Leadership Team

Oct 16 2024 // This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International.A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S....

Enhancing Workers’ Compensation and GL Underwriting with Underwriter Link

Oct 15 2024 // This post is part of a series sponsored by Selectsys.In the complex world of Workers’ Compensation and General Liability (GL) insurance, underwriters face the challenge of managing diverse carrier systems while...

Underwriters Wary of PFAS Amid ‘Superstorm’ of Litigation, Regulation

Oct 7 2024 // As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage...