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Markets/Coverages: Specialty MGA Banyan Launches Red Fox Risk for Wildfires

Oct 5 2026 // Specialty managing general agent Banyan Risk said it launched Red Fox Risk Ltd, a new underwriting venture focused on wildfire-exposed property risk in the U.S. The business will be led by Brian Espie as CEO and Sarah...

Surplus Lines Leaders Remain Bullish on Outlook in a Shifting Market

Oct 5 2026 // The surplus lines and specialty commercial markets are becoming an increasingly competitive space, with supply outweighing demand in some lines of coverage and risk classes creating “micro-market” trends not...

AXA XL Launches Insurance Company, AXA XL E&S

Oct 1 2026 // AXA XL said it launched AXA XL Excess & Surplus Lines Insurance Company (AXA XL E&S), dedicated to exclusively serve wholesale brokers. This strategic move enhances AXA XL’s underwriting focus and...

Markets/Coverages: CFC Begins Affirmative AI for Intellectual Property; CRC Specialty Launches Insurisk Cyber

Sep 24 2026 // CFC announced the launch of affirmative AI coverage within its intellectual property policy. AI is transforming how businesses create, develop and commercialize intellectual property. However, the legal framework governing...

Markets/Coverages: Munich Re Specialty Launches in Italy’s Primary Specialty Market

Sep 23 2026 // Munich Re Specialty announced it will offer commercial solutions in the Italian primary specialty insurance market, with its Italian headquarters in Milan. Munich Re Specialty intends to provide solutions to a range of...

People Moves: Reath Named Marsh Risk US Real Estate, Hospitality Practice Head; Sternadori to Lead AXIS US Excess Casualty, Flaherty CUO Wholesale Casualty

Sep 23 2026 // Marsh Appoints Reath US Real Estate & Hospitality Practice Leader, Marsh Risk Alex Reath Marsh, headquartered in New York City, appointed of Alexander Reath as U.S. real estate and hospitality practice leader, Marsh...

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