Latest Underwriting Headlines

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

Liberty Mutual Appoints Dekermanji Chief Underwriter for Specialty Energy

May 25 2017 // Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of the National Insurance Specialty Energy unit.Dekermanji will lead a team of underwriting, risk control and account...

MGA Globe Underwriting Launches Marine Division with UK, Int’l Focus

May 23 2017 // Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division.The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will report...

Underwriting Agency, CFC, Partners with Kidnap Response Expert EOS Risk

May 22 2017 // Lloyd’s managing general agency CFC announced it has formed a partnership with risk management and security consultant, EOS Risk.EOS Risk joins red24 and S-RM on CFC’s panel of security companies that...

RSG Underwriting Managers Forms Marine Consultancy, Claims Firm

May 22 2017 // RSG Underwriting Managers (RSGUM) has formed Smooth Waters, LLC, an independent marine insurance consultancy and claims adjusting company and part of RSGUM’s growing marine practice.Smooth Waters, LLC, serves as a...

COO Manzitto to Resign from Topa in California

May 17 2017 // Anthony Manzitto, chief operating officer of Calabasas, Calif.-based Topa Insurance Group, is resigning at the end of this month to pursue another opportunity, according to a letter from President and CEO John Donahue that...

SIU Taps Kroman to Lead New Chicago Office

May 16 2017 // SIU, a division of Alliant Specialty Insurance Services, has opened a Chicago location and tapped Mike Kroman to head up the expansion. SUI specializes in earthquake and flood underwritingSIU, which is based in Glendale,...

Medical Professional Insurance Market in Good Health for Now: A.M. Best

May 12 2017 // The U.S. medical professional liability (MPL) insurance sector is stable, with strong capitalization and profitable, albeit declining, operating performance, plus the prospect of positive earnings in the medium term,...

Highmark Insurance of Florida Names Drake Underwriting Manager

May 12 2017 // Highmark Insurance, a Melbourne, Fla.-based leading provider of business and commercial insurance, general liability and workers’ compensation, has named Darrell Drake as underwriting manager. In his new position,...

Allianz Global Corporate & Specialty Partners with Insurtech Firm to ID Liability Risks

May 11 2017 // Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance unit of Allianz SE, is working with Praedicat, the Los Angeles-based insurtech analytics firm, to better predict key catastrophe liability...

How AIG Woes Hurt U.S. Commercial Lines Results: Fitch

May 10 2017 // While U.S. commercial lines insurance had been a relatively bright spot among property/casualty insurers, the sector is facing some clear deterioration due to weakening premiums and poor loss experience. What’s more,...

Venture Programs Adds Baker as Underwriter for South, Central U.S.

May 10 2017 // Venture Programs, national insurance program administrator based in West Chester, Pa., has hired Diane Baker as regional underwriter for the company’s U.S. south and central regions.As regional underwriter, Baker...

Hiscox Taps Sompo’s Szakmary to Lead Bermuda Underwriting; Smith to Lead Specialty at Hiscox Re

May 4 2017 // Specialist global insurer Hiscox has announced the appointment of Adam Szakmary as director of underwriting for Hiscox Insurance Company Bermuda, subject to immigration and regulatory approval. Szakmary replaces Damien...

RIC in Nevada Names Watson Transportation Underwriting Manager

May 2 2017 // RIC Insurance General Agency has named Jim Watson transportation underwriting manager. He is based in Reno, Nev. Watson worked as a commercial auto product manager at Capital Insurance Group prior to joining RIC. He was...

ArgoGlobal Appoints Montellier as Yacht Underwriter

May 1 2017 // ArgoGlobal announced the appointment of Karen Montellier as yacht underwriter. She takes up the role with immediate effect and will report to Michael Thompson, hull and yacht class underwriter.Montellier brings more than...

Chubb Forms ‘Custom Industry Solutions’ Product, Creates London Region

May 1 2017 // Chubb announced it has created a “Custom Industry Solutions” product cluster in UK and Ireland, which will bring together its life science, info tech, package and entertainment industry segments.This new...

What to Know About Underwriting Restaurants & Bars

May 1 2017 // Liquor liability claims are on the rise for the bar and nightclub sector. The number of insurance carriers willing to write tough to place establishments has dwindled fast, according to Marc Adler, Managing Director, Burns...

MGA Pen Underwriting & Markel Partner to Offer UK Equine Cover

Apr 27 2017 // Pen Underwriting has formed a new strategic partnership with specialist insurer Markel International to further consolidate Pen’s presence in the UK equestrian market and drive the company’s product innovation...

Arrowhead’s Ambulance Program Expands Under Its Bellingham Underwriters Division

Apr 27 2017 // San Diego, CA, April 27, 2017 – The Ambulance Program of Arrowhead General Insurance Agency, Inc. (Arrowhead) has been recreated with a new carrier and is now managed by Bellingham Underwriters (Bellingham),...

Chubb’s Greenberg Clarifies Criticism of Wholesale Brokers

Apr 26 2017 // In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still expecting bigger brokerage...

Despite ‘Difficult’ Environment, Chubb Q1 Profit Tops $1 Billion

Apr 26 2017 // Chubb Limited reported net income for the quarter of $1.09 billion, compared with $439 million for the same quarter last year. Operating income was $1.17 billion, compared with $1.01 billion, for the same quarter last...