Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
J.M. Wilson Hires Cella, Tokarz as Assistant Underwriters in Illinois
Dec 21 2020 // Managing general agency and surplus lines broker J.M. Wilson has added Scott Cella as assistant property/casualty underwriter and Ryan Tokarz as assistant transportation underwriter in its Arlington Heights, Ill.,...
Michigan’s J.W. Wilson Adds Cole; Promotes 4 in Underwriting Posts
Dec 18 2020 // Insurance broker and managing general agent JM Wilson has hired Laura Cole as assistant fleet underwriter in its Portage, Mich., corporate office. The company additionally has promoted four others in underwriting...
Applied Underwriters Forms EU Subsidiary for Specialty Business in Europe, Middle East
Dec 16 2020 // Omaha-based insurer Applied Underwriters Inc. announced it has formed Applied Financial Lines Ltd., a new European subsidiary, which will operate from Paris and Cologne. The new company will underwrite several specialty...
GEICO’s Massaro Joins BTIS Underwriting Team
Dec 16 2020 // Philip Massaro has joined small business intermediary BTIS as vice president of Underwriting. Massaro has 25 years of commercial insurance underwriting and product management experience. Most recently, he was with GEICO as...
AmTrust International Hires Kiernan and Stroulger as Underwriters in London
Dec 14 2020 // AmTrust International, the UK and International arm of New York-based insurer AmTrust Financial Services, Inc., announced two key senior underwriting appointments to its Specialty Team. Dean Kiernan joins the Professional...
Texas’ Marine Underwriters of America Acquired by DOXA Insurance Holdings
Dec 11 2020 // DOXA Insurance Holdings LLC (DOXA) has acquired Conroe, Texas-based Marine Underwriters of America (MUA), a niche agency serving the marine industry with specialized insurance policies for ocean marine, inland marine and...
Everest Insurance Names Clark Senior VP, Head of Everest Specialty Underwriters
Dec 9 2020 // Everest Insurance has named Robert Clark as senior vice president and head of Everest Specialty Underwriters (ESU). Clark will continue to be based in the company’s New York City office, reporting to Everest...
CRC Group Acquiring Assets of Louisiana’s Continental Underwriters
Dec 4 2020 // CRC Group, a nationwide wholesale distributor of specialty insurance products, has agreed to acquire the assets of Continental Underwriters. Headquartered in Covington, La., Continental provides primary marine, excess...
Euclid Life Science Names Bailey Vice President of Underwriting in West
Dec 4 2020 // Euclid Life Science Specialty LLC has named David N. Bailey vice president of underwriting and executive underwriter. Bailey’s focus will be growing the company’s presence and core book of life science...
New Insurance Group Inigo Gets Approval from Lloyd’s to Start Underwriting in January
Dec 3 2020 // Inigo Ltd., the new London insurance group that has raised $800m in start-up capital from a group of blue chip global investors, announced that it has received approval in principle from the Corporation of Lloyd’s...
AmWINS Program Underwriters Announces New Carrier for Long-Term Care Facilities Program
Dec 2 2020 // CHARLOTTE, N.C. (December 2, 2020) – AmWINS Program Underwriters (“APU”) today announced a new carrier partnership to provide insurance solutions for APU’s Long-Term Care Facilities program, effective...
Workers’ Comp Insurance MGU Method Adapts Cutting Edge AI Solution to Streamline Underwriting
Dec 1 2020 // Nashville, TN, December 1, 2020 – Method has partnered with Gradient AI to incorporate state-of-the-art Artificial Intelligence (AI) and Machine Learning (ML) solutions into the underwriting process. Method utilizes...
Schumacher to Lead Midwest Underwriting, Sales at Frankenmuth Insurance
Nov 25 2020 // Frankenmuth Insurance in Frankenmuth, Michigan, has added Rich Schumacher as regional director for the Midwest Region. Schumacher brings 28 years of experience in the industry, most recently serving as associate vice...
RSG’s Trident Marine Managers, Global Special Risks Join Forces in Houston
Nov 23 2020 // RSG Underwriting Managers LLC has consolidated two of its current managing underwriting manager businesses, Houston-based Trident Marine Managers (Trident) and Global Special Risks (GSR), and created a new practice...
How Lloyd’s Underwriters Are Viewing Today’s U.S. Casualty Insurance Environment
Nov 19 2020 // Today’s Lloyd’s of London market for casualty insurance is marked by rising prices, reduced capacity, and buyers embracing more self-insurance, according to underwriters at Lloyd’s. It is also marked by...
Illinois Fines Continental Indemnity, Applied Underwriters $250K for Unapproved Sales
Nov 18 2020 // Two former Berkshire Hathaway companies have been hit with a $250,000 fine by Illinois regulators for selling unapproved workers’ compensation policies to small businesses. The Illinois Department of Insurance says...
Topa Insurance in California Names Pavone Vice President of Underwriting
Nov 17 2020 // Calabasas, Calif.-based Topa Insurance Group has promoted Susan Pavone to vice president of underwriting. Pavone will oversee the commercial underwriting of Topa Insurance Co. and be responsible for setting underwriting...
Specialty Re/insurer Chaucer Launches Bermuda Reinsurance Branch for U.S. Business
Nov 16 2020 // Chaucer, the London-based specialty re/insurance group, announced the launch of a reinsurance branch in Bermuda to provide U.S. clients with greater access to its underwriting expertise and capacity. This follows the...
Orchid Insurance, Homesite Launch Homeowners Insurer TRUE in Florida
Nov 16 2020 // Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group, a national property insurer, have created TRUE, a reciprocal insurance company to protect...
Young E&S Professionals Face Toughest Market They Have Ever Seen
Nov 16 2020 // Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing to write some tough classes. They, like everyone, are also experiencing fewer...
