Latest Underwriting Headlines

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

People Moves: Ryan Specialty Underwriting Managers Appoints Leadership Team Members

Oct 4 2024 // Ryan Specialty, headquartered in Chicago, named new leadership within its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM).Eric Quinn was promoted to executive vice president – capital and...

Enhancing Underwriting Precision with AI and Cloud Technology: A Deep Dive into SelectsysTech’s RQB Platform

Oct 4 2024 // This post is part of a series sponsored by Selectsys.In today’s fast-paced insurance industry, precision in underwriting is not just a requirement—it’s a critical factor in maintaining competitiveness and...

People Moves: Starwind Specialty Welcomes Conrad as Chief Underwriting Officer

Oct 3 2024 // Kirk Conrad Starwind Specialty Insurance Services, headquartered in New York City, named Kirk Conrad as chief underwriting officer. Conrad, based in Dallas, has over two decades of experience across multiple industry...

Ryan Specialty Completes Purchase of Certain Assets of Geo Underwriting Europe

Oct 3 2024 // Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has completed the acquisition of certain assets of the European managing general agent, Geo Underwriting Europe BV (Geo Europe), part...

People Moves: Markel Appoints 2 Senior Underwriters, 1 Claims Manager for International Casualty Team; BHSI Announces 2 Promotions in Global, UK Casualty Teams

Oct 2 2024 // This edition of International People Moves details appointments at Markel and Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here.Markel Appoints 2 Senior Underwriters, 1 Claims Manager...

Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.

Sep 26 2024 // Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and...

People Moves: Price Forbes Re Taps Howden’s Waterhouse as Head of Property Fac; AXA XL Appoints Underwriters and Claims Adjusters for UK Cyber Team

Sep 25 2024 // This edition of International People Moves details appointments at Price Forbes Re and AXA XL.A summary of these new hires follows here. Price Forbes Re Taps Howden’s Waterhouse as Head of Property FacPrice Forbes...

How Data Analysis Enhances the Underwriting Process

Sep 25 2024 // This post is part of a series sponsored by Selectsys.In the ever-evolving insurance industry, data analysis has become a cornerstone of the underwriting process. By leveraging data, underwriters can make more informed...

Revolutionizing Insurance Operations: How SelectsysTech’s Integrated Solutions Enhance Underwriting, Quoting, and Data Management

Sep 23 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced world of insurance, efficiency and accuracy are paramount. For MGAs, wholesalers, and carriers, managing the complexities of underwriting, quoting, and...

People Moves: AIG Appoints Walsh CFO; Rokstone Names Baker Deputy Head of US Casualty; Applied Underwriters Hires, Promotes Leadership

Sep 20 2024 // AIG Appoints Walsh Executive Vice President, Chief Financial OfficerAmerican International Group, Inc. (AIG), headquartered in New York City, named Keith Walsh as executive vice president and chief financial officer,...

7 in 10 Actuaries and Underwriters Worry About Being Replaced by AI

Sep 20 2024 // With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five years, it’s not surprising that nearly 7 in 10 actuaries and underwriters are worried about being...

People Moves: Davis Joins MEMIC as Senior Underwriter; Davis Joins Alliant as Senior VP; Monte Joins Alliant M&A Team

Sep 18 2024 // The MEMIC Group, based in Portland, Maine, hired Scott Davis as a senior production underwriter overseeing the Virginia and District of Columbia territory.Davis, based in Virginia, joins MEMIC with over two decades of...

Personal Lines Turnaround Fuels US P/C Industry Underwriting Gain

Sep 17 2024 // A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new report from AM...

Revolutionize Your Underwriting Process with Underwriter Link: The Ultimate Tool for MGAs and Wholesalers

Sep 16 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced world of insurance, efficiency, accuracy, and speed are vital to success. For MGAs and wholesaler underwriters, the traditional challenges of...

US P/C Insurance Industry Posts First H1 Underwriting Profit Since 2021

Sep 16 2024 // The U.S. property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report.“After years of consistent losses,...

People Moves: JM Wilson Promotes Underwriters

Sep 13 2024 // JM Wilson, headquartered in Portage, Michigan, promoted several team members in its home office.Kristin Bolhuis was promoted to property and casualty manager. She works with carrier underwriters and independent insurance...

People Moves: JM Wilson Hires Musolf and Hudson as Assistant Property & Casualty Underwriters; Group Captive Program Leader Albian Joins Ryan Alternative Risk

Sep 12 2024 // JM Wilson, headquartered in Portage, Michigan, hired Savana Musolf and Lisa Hudson as assistant property and casualty underwriters.Musolf works with independent insurance agents and company underwriters in Michigan and...

People Moves: Melvin Names CEO of BMS Re US; Rawal Joins AXA XL as CUO Middle Market, Canada; QBE Canada Hires Fenn as Multinational Underwriting Manager

Sep 10 2024 // Melvin Appointed President and CEO, BMS Re, USBMS Re, the specialty reinsurance arm of global broker BMS Group headquartered in New York City, appointed Brad Melvin president and chief executive officer, BMS Re, U.S.,...

Real-Time Rating and Quoting: A Game Changer for Underwriters

Sep 9 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced insurance industry, efficiency and accuracy are paramount. Real-time rating and quoting have emerged as game changers for underwriters, enabling them...

Lloyd’s Reports Best H1 Underwriting Profit Since 2007, With 83.7 Combined Ratio

Sep 5 2024 // The Lloyd’s insurance and reinsurance market reported overall profit before tax of £4.9 billion (US$6.4 billion), a 25.6% increase from the £3.9 billion (US$5.1 billion) reported during H1 2023.The combined ratio,...