Latest Underwriting Headlines

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

Ultra Risk Advisors in Washington Names McDonald Underwriting Director

Apr 22 2016 // Bellevue, Wash.-based Ultra Risk Advisors has named Karen McDonald underwriting director for its program providing liability coverage for senior living facilities. McDonald has more than 10 years of underwriting experience...

Rhode Island’s Falvey Yacht Insurance Adds 2 to Underwriting Team

Apr 22 2016 // Laura Sherrod Falvey Yacht Insurance, a North Kingstown, Rhode Island-based managing general underwriter specializing in yacht insurance, has hired Laura Sherrod and Craig McGinnes to join the firm’s group of yacht...

Outlook for National Lloyds Insurance Revised to Stable

Apr 19 2016 // A.M. Best has revised the outlook to stable from negative and affirmed the financial strength rating (FSR) of A (Excellent) and the issuer credit rating (ICR) of “a” of National Lloyds Insurance Co. (National...

Business Risk Partners Adds 2 New Underwriters in Connecticut

Apr 19 2016 // Maggie Mae Kores Business Risk Partners (BRP), a specialty underwriter and program administrator based in Windsor, Connecticut, has added two new underwriters to its professional liability team: Maggie Mae Kores as senior...

10 Things to Know About Social Services (Child Care)

Apr 18 2016 //  Sexual abuse claims are a child care operation’s biggest exposure. A good child care insurance program should ALWAYS include sexual abuse and molestation liability insurance. —Riley Binford, executive vice...

OdysseyRe’s Newline Group Announces 2 Executive Appointments in Asia

Apr 15 2016 // Newline Group, part of Odyssey Re Holdings Corp., announced appointments to its leadership team based in Singapore.Rachel Flynn has been named the principal officer for Newline Asia and Susan Chew has been appointed chief...

Hamilton Underwriting at Lloyd’s Names Prince as Head of Professional Indemnity

Apr 13 2016 // Hamilton Underwriting Ltd., the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Bermuda-based Hamilton Insurance Group, announced that Daniel Prince has been hired as head of...

Skuld Lloyd’s Syndicate 1897 Appoints 2 Marine Hull Underwriters

Apr 12 2016 // Skuld, the Oslo, Norway-based marine insurance provider, announced the recruitment of Paul Fry and Sarah Wilson to Skuld’s Lloyd’s Syndicate 1897, the specialist marine and energy syndicate.Fry joins as deputy...

Hamilton Underwriting Names Osorio as Head of Property Direct & Facultative

Apr 11 2016 // Hamilton Underwriting Ltd., the managing agency of Lloyd’s Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, announced today that Miles Osorio has been hired as head of Property Direct...

Contego Underwriting Opens Office in Miami

Apr 7 2016 // Contego Underwriting — the specialist (re)insurance provider to the international construction and engineering markets, and part of Pen Underwriting — has opened a new office in Miami, to provide support and service to...

UK-Based THB, Secures Motor Fleet Arrangement with Unicorn Underwriting

Apr 6 2016 // THB, the London-based specialist insurance and reinsurance broker, announces it has secured an exclusive wholesale broking arrangement with Unicorn Underwriting for UK motor fleet business.Unicorn Underwriting recently...

Patriot National Launches Online Risk Management Marketplace

Apr 6 2016 // Patriot Risk Consultants (PRC), a subsidiary of Patriot National, Inc. has launched PN BidExpert, an online marketplace to connect underwriters and risk managers with loss control engineers.PN BidExpert works by matching...

Georgia-Based Trinity Underwriting Managers Hires Finley as Senior Broker

Apr 6 2016 // Trinity Underwriting Managers, Inc. (TUMI), a Georgia-based program administrator, has hired Bonita Finley as a senior transportation broker. Finley will help manage TUMI’s local and intermediate trucking business as...

Chubb’s Shanks, ACE’s Huntley Join QBE North America High Net Worth Expansion

Apr 5 2016 // QBE North America announced two executive appointments to support growth in personal insurance and expansion into the high net worth market.Eric Shanks has been appointed senior vice president, High Net Worth. In this...

ArgoGlobal Appoints Summers as Credit and Political Risks Underwriter

Apr 5 2016 // ArgoGlobal, the Lloyd’s insurer and member of Argo Group, announced the appointment of Andrew Summers as credit and political risks underwriter.He will report to Jeremy Shallow, credit and political risks class...

Ryan Direct Group Completes Acquisition of Midas Underwriting

Apr 4 2016 // Ryan Direct Group, the subsidiary of Chicago-based Ryan Specialty Group, announced the completion of the acquisition of Midas Underwriting, which was completed on March 31, following regulatory approval. This transaction...

Watford Re Forms E&S Insurer Watford Specialty, Partnering with Arch

Apr 4 2016 // Watford Re Ltd. has formed a new excess and surplus lines insurer called Watford Specialty Insurance Co. (WSIC), based in Morristown, N.J.WSIC’s lines of business “will be similar to what we’ve been...

Growth in Cyber Coverage Expected as Underwriting Evolves

Apr 4 2016 // With cyber insurance premiums expected to grow from around $2 billion in 2015 to an estimated $20 billion or more by 2025, insurers and reinsurers are continuing to refine underwriting requirements, according to industry...

Uncertainties Outweigh Growth Benefits When P/C Insurers Take On Too Much Cyber Risk, Rating Agency Warns

Apr 4 2016 // If they are not careful, property/casualty insurers could jeopardize their credit ratings with their expansion into standalone cyber insurance, a rating agency has warned.Cyber attacks pose dangerous risks and uncertainty...

AmWINS’ MGA Unicorn Names Nightingale as CEO, Cashen as Motor Fleet U/W

Mar 30 2016 // Charlotte, N.C.-based broker AmWINS Group Inc. announced the appointment of Darren Nightingale as chief executive officer of its London-based managing general agent, Unicorn Underwriting.Nightingale will be joined by...