All the headlines from our Underwriting Topic Page, ordered by recency.
Apr 3 2019 // UK specialty managing general agent (MGA) Nexus Group lived up to its description as an “acquisitive insurance intermediary holding company,” with the purchase this week of an MGA and an insurance broker.On...
Apr 3 2019 // Arch Insurance (UK) Ltd., part of Bermuda-based Arch Insurance International, has completed the acquisition of UK managing general agency Axiom Underwriting, having initially purchased a 60 percent share of the business in...
Apr 2 2019 // Boston-based Corvus Insurance, an artificial intelligence (AI)-driven insurtech company offering Smart Commercial Insurance policies, has opened an office in Dallas and hired Greg Wagner as vice president of Cyber...
Apr 1 2019 // Ironshore Specialty Casualty has appointed Casey Hartley as senior vice president and head of programs. She will oversee the development, marketing and distribution of programs lines, working with programs administrators...
Mar 28 2019 // Tel Aviv-based Sayata Labs has raised $6.5 million in seed funding for its cybersecurity and data science capabilities that give insurers and brokers the ability to assess the cyber risk of small and medium sized...
Mar 26 2019 // There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs to keep...
Mar 21 2019 // SCOR Global P&C announced the following reinsurance appointments, effective April 1, 2019: Michel Blanc has been promoted to CEO of Reinsurance, following Jean-Paul Conoscente’s appointment as CEO of SCOR Global...
Mar 21 2019 // The former chief executive officer of XL Group, Mike McGavick, admits that frequently during his career he has taken on leadership roles that some of his contemporaries considered too hot to handle—such as the...
Mar 20 2019 // PERse (Power.Energy.Risk), a managing general underwriter specializing in property and casualty insurance products for energy and power production facilities with a specialized focus on renewable energy, has opened a new...
Mar 19 2019 // Charlotte, North Carolina, March 19, 2019 – Consolidated Claims Group LLC (CCG), a leading provider of independent claim investigations, announced the acquisition of San Francisco-based Research Specialists Inc. (RSI), a...
Mar 18 2019 // California, a bellwether state in many ways, rang in 2019 with a regulation banning the use of gender in auto insurance underwriting and rating. Prior to this regulation, insurers used gender in California for more than 30...
Mar 15 2019 // Pioneer Underwriters, the underwriting group within Minova Insurance Holdings, announced it has appointed Nick Greggains as CEO of Pioneer’s U.S. operation, effective March 25.Greggains succeeds current U.S. CEO Gene...
Mar 14 2019 // Expect calls for the insurance industry to stop investing in or insuring the fossil fuel industry and fossil fuel projects to grow louder in California and throughout the U.S.A new petition by several climate change and...
Mar 14 2019 // Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to...
Mar 13 2019 // Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting.Zesty.ai’s technology provides...
Mar 8 2019 // H.W. Kaufman Group and Burns & Wilcox Canada announced they have acquired Toronto-based TRU Transportation Risk Underwriters Ltd. (TRU), a Canadian managing general agent (MGA) with expertise in providing risk...
Mar 5 2019 // Workers’ compensation specialist The MEMIC Group has appointed Beth Austerman to senior production underwriter to support continued growth in the Central and Western New York markets. Austerman has more than 14 years...
Feb 28 2019 // HDI Global Specialty SE, the new specialty lines insurer, has acquired Neon Underwriting’s bloodstock team.The team is led by Mark Edwards, who has been Neon’s head of Specialty and class underwriter...
Feb 27 2019 // In a rare move, Berkshire Hathaway is selling one of its companies, leading workers’ compensation specialist Applied Underwriters, in order to avoid conflict with its other workers’ compensation...
Feb 27 2019 // The U.S. property/casualty industry is expected to report that 2018 was its third consecutive year with an underwriting loss. A new A.M. Best analysis projects an estimated net underwriting loss of $12.1 billion in 2018,...