All the headlines from our Underwriting Topic Page, ordered by recency.
Mar 14 2018 // Smooth Waters, LLC, a subsidiary of RSG Underwriting Managers, LLC (RSGUM), has entered into an engineering service agreement with the National Cargo Bureau, Inc. (NCB) to offer marine loss prevention and claims services...
Mar 13 2018 // Specialty Program Group LLC (SPG), an insurance holding company for specialty underwriting facilities, has launched Flagship Marine Underwriters, a new yacht and charter recreational marine underwriting facility.Based in...
Mar 13 2018 // Barbican Insurance Group announced the appointment of Sarah McGurk as class underwriter for directors’ & officers’ liability insurance.Working as part of the financial lines division, she will report to...
Mar 8 2018 // Validus Specialty Underwriting Services Inc. announced the expansion of its product portfolio with an admitted, private company commercial directors and officers (D&O) policy.With broad coverage, the new form provides...
Mar 7 2018 // Nearly 30 years ago the Fair Isaac Corp. (FICO) first introduced its metric for measuring creditworthiness. Since then, the FICO Score has become a default metric used by countless market participants to facilitate...
Mar 6 2018 // Sompo International announced it will launch a specialty insurance underwriting operation in Barcelona, Spain.Sompo currently has a London-based operation but must open EU-based headquarters in order to conduct business...
Mar 5 2018 // Manchester Underwriting Management Ltd. (MUM) announced it has acquired Pelican Underwriting One Ltd. from third party managing agent Asta Capital Ltd.Pelican Underwriting One trades as Pelican Underwriting and specializes...
Mar 5 2018 // Chubb announced the appointment of Benjamin Rowley as senior underwriter Financial Lines, Chubb Global Markets.Rowley is a medical malpractice specialist with a broad knowledge of errors and omissions and will be...
Mar 5 2018 // Integro Insurance Brokers has named Jacquelyn Neal as a principal in the marine practice. Neal is based in the San Francisco, Calif., office.She will manage a book of existing marine clients and develop new cargo and...
Mar 5 2018 // Underwriting is not dying. It is just being automated into digital algorithms versus analog human beings.Technology’s effect on life insurance underwriting is easiest to show by example. It is also further advanced...
Mar 5 2018 // St. Louis, Missouri-based Safety National Casualty Corp. announced management changes that are effective April 1, 2018.Gene Maier, executive vice president and chief underwriting officer, is retiring. During his 33-year...
Mar 5 2018 // The Main Street America Group, a super-regional property/casualty insurance company, has promoted Darryl Osman to vice president of personal lines.Osman remains based at the company’s home office in Jacksonville,...
Mar 2 2018 // Excess and surplus lines carrier Nautilus Insurance Group has appointed Thomas Joyce as senior vice president, chief underwriting officer. Joyce has served as senior vice president, chief claims officer, since joining...
Mar 2 2018 // More than 20 years ago, Steven Haase wrote the first cyber insurance policy. Haase told Insurance Journal the story of how that first policy came about in the first part of this report, What Agent Who Wrote First Cyber...
Mar 2 2018 // Appalachian Underwriters, Inc. has added Siran Wixom as a Commercial Specialty Underwriter in its office in Oak Ridge, Tenn. She will be handling small to medium size Commercial Specialty accounts. Siran Wixom Wixom brings...
Feb 26 2018 // Warren Buffett’s Berkshire Hathaway’s combination of insurance entities have recorded 14 consecutive years of underwriting profit worth more than $28 billion. The Oracle from Omaha has repeatedly warned his...
Feb 22 2018 // HDI Global SE has appointed John Schossler has been appointed assistant vice president, Casualty Construction manager, based in Chicago.Schossler will lead all efforts in the development of this segment by cultivating...
Feb 22 2018 // Ryan Specialty Group LLC (RSG) has reached a definitive agreement to acquire the assets and operations of New Day Underwriting Managers LLC (New Day), a specialty intermediary with offices in Hamilton, N.J.New Day will...
Feb 21 2018 // Houston, Texas-based managing general agent and insurance wholesaler, Myron F. Steves and Co., has added Greg Rubel as chief underwriting officer, commercial lines.Rubel will lead the Texas-based company’s commercial...
Feb 21 2018 // Everest Insurance has expanded the financial lines division of Everest Specialty Underwriters (ESU ), naming five professionals to its new Private Company/Not-For-Profit unit.The Private/NFP team is targeting small, middle...