All the headlines from our Underwriting Topic Page, ordered by recency.
Jun 10 2021 // This wrap-up of international People Moves details recent appointments at three London-based brokers: BMS, Incepta (a subsidiary of Goldman Sachs-backed Aston Lark), and Oneglobal Broking.A summary of these new hires...
Jun 10 2021 // Accelerant, a technology-based insurance platform, has acquired Agribusiness Risk Underwriters (ARU), a provider of poultry farm insurance product development, underwriting and loss control.ARU was founded in 2016 in...
Jun 4 2021 // The U.S. property/casualty (P/C) industry saw its net underwriting income fall in first-quarter 2021 by 53% as compared with the same prior-year period, according to preliminary financial results analyzed by AM...
Jun 3 2021 // Brit Ltd. announced the creation of a marine consortium called “Keel,” which aims to revolutionize the writing of marine war and breach call risks.Keel offers up to $152.2 million of capacity per risk and...
May 24 2021 // Africa Specialty Risks (ASR), the pan-African focused managing general agent, announced the launch of its parametric division, alongside the appointment of Dr. Raveem Ismail as head of Parametric Underwriting and Ian...
May 20 2021 // Square Pegs, which offers specialist insurance coverage for complex and unusual risks via a dedicated e-trading platform, has become a standalone underwriting cell within Castel Underwriting Agencies Ltd.Focused on small...
May 13 2021 // This wrap-up of international People Moves details recent appointments at AXA XL and MS Amlin.AXA XL announced that it has added five Toronto-based underwriters to strengthen its casualty, professional liability and...
May 13 2021 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has formed a partnership with green finance managing general agency, Tierra Underwriting Ltd.ArgoGlobal is providing $25 million in underwriting capacity to...
May 5 2021 // Trinity Underwriting Managers (TUMI), part of Amwins Underwriting, has formed a new carrier partnership with Obsidian, an A.M. Best rated “A-” hybrid fronting program carrier. The partnership will add to...
May 3 2021 // Steve Menzies, founder and chairman of Applied Underwriters Inc., is a busy man. Since he reacquired his company from Warren Buffett’s Berkshire Hathaway in 2019, he has been buying businesses, creating new...
Apr 22 2021 // This wrap-up of international People Moves details recent appointments at AXIS Re, Guy Carpenter, Marsh and Dale Underwriting Partners.A summary of these new hires follows here. AXIS Re, the reinsurance business segment of...
Apr 22 2021 // Despite the combined effects of around $25 billion of pandemic and natural catastrophe-related losses as well compromised investment returns, a group of reinsurers studied by Aon reported positive earnings for 2020 and an...
Apr 21 2021 // Appalachian Underwriters, Inc. (AUI) has partnered with life insurance provider Ethos to offer the coverage via the fintech’s online platform.Agents can now quote customers’ life insurance without medical...
Apr 19 2021 // Helix Underwriting Partners Ltd., the Bermuda-based managing general agency, has expanded its agency platform into the excess casualty insurance segment.The move will see Tim Hadler join as chief underwriting officer to...
Apr 19 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...
Apr 16 2021 // Insurance broker Willis Towers Watson has launched Radar Workbench, new software technology aims to transform the performance of frontline commercial underwriters.“Radar Workbench has been developed to provide the...
Apr 15 2021 // Applied Underwriters, the Omaha, Neb.-headquartered insurer, announced it has completed the acquisition of UK managing general agent Concept Special Risks (CSR), after receiving regulatory approval.Financial details of the...
Apr 12 2021 // Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, with an average 99% combined...
Apr 8 2021 // This post is part of a series sponsored by Old Republic Surety.When a surety company asks personal questions of construction clients, they may think the surety is too invasive. Here’s why the answers to those...
Apr 5 2021 // A California federal court has declined to get involved with a lawsuit that Applied Underwriters and the California Insurance Co. filed against the California Department of Insurance.The case against the CDI is based upon...