Latest Underwriting Headlines

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

MGU Victor Taps Bonfà from US Underwriting Solutions as Country Leader of Victor Italia

Apr 9 2020 // Victor Insurance Holdings, the world’s largest managing general underwriter (MGU), announced the appointment of Matteo Bonfà as country manager, Victor Italia S.r.l., effective immediately.Bonfà is based in Milan...

Venture Underwriters Hires Barrow in Chicago, Expanding Underwriting Team

Apr 7 2020 // Venture Underwriters Inc., a division of Allstar Financial Group, has expanded its Chicago underwriting team to include commercial underwriting veteran Chris Barrow.Barrow joins Chicago office as vice president...

UK MGA Aqueous Underwriting Offers COVID-Crisis Help for Hospitality, Leisure Clients

Apr 7 2020 // Aqueous Underwriting, a London-based managing general agent, has responded to the coronavirus crisis with a package of measures designed to help its clients in the food, hospitality and leisure sectors, which were forced...

Fitch Places Lloyd’s of London’s on Rating Watch Negative on COVID-19 Crisis

Apr 3 2020 // Fitch Ratings has placed Lloyd’s of London’s ‘AA-‘ Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty and increased risk to Lloyd’s earnings and underwriting...

Third Coast Underwriters Promotes Altman and Vaughn in Chicago

Apr 3 2020 // Workers’ compensation insurer Third Coast Underwriters (3CU) has promoted Peter Vaughn to director, Insurance Operations, and Mike Altman to regional director, Business Development. Vaughn and Altman are based at...

SCOR-Backed Channel Syndicate Taps Coulson from Lancashire as Senior Underwriter

Mar 31 2020 // Channel Syndicate, which is backed by reinsurer SCOR, has appointed Caroline Coulson as a senior underwriter on the political and credit risks team within SCOR Specialty Insurance, effective immediately.Coulson started on...

How Coronavirus Crisis Has Changed Underwriting at Lloyd’s of London

Mar 30 2020 // Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them.Working at home due to the coronavirus lockdown, they...

Beazley’s Bernacki Named President of AmWINS Special Risk Underwriters

Mar 24 2020 // Global specialty insurance wholesaler AmWINS Group announced that Mark R. Bernacki will join the firm as president of AmWINS Special Risk Underwriters (SRU) and executive vice president of AmWINS Group, effective March 30,...

Virginia’s Kinsale Capital Group Announces Underwriting Promotions

Mar 20 2020 // Kinsale Capital Group Inc. has announced four underwriting promotions. Patrick L. Dalton was named senior vice president of Casualty, John R. Bowen Jr. was named vice president of Construction, Jason E. Hoover was named...

SAGE Program Underwriters Provides Premium Payment Solutions to Help Cash Flow for Shooting Sports Clients

Mar 20 2020 // At SAGE, a national program administrator, their mission is to help those who need it.These are unusual times and businesses are facing layoffs or cutbacks of their employees to reduce expenses. Unfortunately for most,...

Lloyd’s Closes London Underwriting Room in Response to Coronavirus Crisis

Mar 19 2020 // After conducting a successful stress-test last week of its electronic trading system, Lloyd’s has made the decision to close its underwriting room in response to the coronavirus outbreak.As a result, market insurers...

Lloyd’s to Shut London Building for Coronavirus Stress-Test – But Trading Will Continue

Mar 12 2020 // Lloyd’s is shutting its London underwriting room at 1 Lime Street for one day for a contingency planning exercise in response to the coronavirus outbreak.Starting at midnight tonight and for 24 hours, Lloyd’s...

U.S. Cybersecurity Report Calls for Major Government Role in Cyber Insurance

Mar 11 2020 // A major government report on cybersecurity that warns the nation is seriously underprepared for cyber attacks calls for the creation of a federally-funded center to develop cybersecurity insurance certifications and a...

Acadia Insurance Hires Former New Hampshire Insurance Commissioner Elias

Mar 9 2020 // Acadia Insurance, a regional underwriter based in Westbrook, Maine, has hired former New Hampshire Insurance Commissioner John Elias to its management team as senior vice president and chief underwriting officer. He will...

Logic & Language, Forms & Facts: The Case of the ‘Holey’ Insurance

Mar 9 2020 // For a number of years, I’ve done a workshop called “The Adventures of Ace Insura, Claims Detective.” Participants assist Ace in solving a variety of coverage and claims mysteries. Each case has one or...

One U.S. State May Look at Insurers’ Fossil Fuel Investments and Underwriting to Combat Climate Change

Mar 5 2020 // A Connecticut lawmaker has plans for a bill that not only calls for the state to look at which insurers have fossil fuel investments – a growing trend among government entities as of late – but also which ones are...

J.M. Wilson Promotes Bryson to Sr. Transportation Underwriter in Michigan

Mar 5 2020 // J.M. Wilson has promoted Kyle Bryson, to senior transportation underwriter in its Portage, Michigan, office. Bryson is responsible for quoting new and renewal Non-Fleet Trucking (1-10 units) and serving independent...

D&O Insurers Urged to Adjust Rates, Underwriting for Risky Environment

Mar 4 2020 // Directors and officers liability insurance has gotten trickier and will confront major new challenges over the next few years. Continued rate hikes and narrower coverage guidelines will be necessary as a result, A.M. Best...

Chaucer Partners with Artificial Labs to Offer ‘Next Generation’ U/W Platform

Mar 2 2020 // Chaucer, the London-based specialty re/insurance group, announced a new partnership with London-based insurtech Artificial Labs to deliver a next generation underwriting platform for high-volume specialty products.The...

J.M. Wilson Hires Pov as Assistant P/C Underwriter in Michigan

Feb 27 2020 // J.M. Wilson has added Kim Pov as an assistant property/casualty underwriter in its Madison, Wisconsin, office.Pov is responsible for assisting underwriters on a wide variety of property and casualty risks, as well as...