Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Professional Liability Underwriters Feeling Pressure From COVID: AM Best
Nov 13 2020 // The COVID-19 pandemic is creating varying levels of disruption for writers in the U.S. professional liability insurance market, with many expecting a sizable increase in claims, according to a new AM Best report. With its...
EQ One Adds Earthquake Capacity, Expands Limits through Munich Re
Nov 13 2020 // EQ One, a West Coast earthquake insurance underwriter, has added additional capacity to its earthquake offering through Munich Re Specialty Insurance. This increased capacity will allow EQ One team to write larger...
How Lloyd’s Underwriters Are Viewing Today’s U.S. Property Insurance Environment
Nov 12 2020 // While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd’s market who were in the process of increasing property insurance rates when the pandemic hit, the timing may...
Hamilton Promotes 3 at Lloyd’s Unit as Managing Agency CEO, CUO Resign
Nov 10 2020 // Hamilton Insurance Group announced three promotions in the leadership team at its Lloyd’s operations following the resignations of Hamilton Managing Agency Limited CEO Tim Glover and Chief Underwriting Officer David...
AXIS Insurance Hires 6 Underwriters for Cyber and Technology Team
Nov 5 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team. The three...
Applied Underwriters Announces Formation of Applied Specialty Underwriters, Names Christopher Day President of the New Company
Nov 5 2020 // Applied Specialty Underwriters will concentrate on Casualty E&S markets nationwide, initially focusing on New York construction risks. Omaha, NE, November 5, 2020 — Steve Menzies, CEO of Applied Underwriters,...
AXIS Insurance Adds 3 Underwriters to Renewable Energy Team in U.S.
Nov 4 2020 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the addition of three new underwriters to its U.S. Renewable Energy team, effective immediately. Kristopher Williams and...
McGowan Allied Specialty Insurance Hires Boyd as Underwriting Manager in Florida
Nov 4 2020 // McGowan Allied Specialty Insurance (MASI), a provider of commercial insurance products to the amusement industry, has announced the hiring of Joe K. Boyd as an Underwriting manager. In his new role with MASI, Boyd will be...
QBE NA Appoints Steinsdoerfer as Central Regional Underwriting Leader
Oct 29 2020 // QBE North America has hired Bobby Steinsdoerfer as senior vice president, regional underwriting leader – central region. Steinsdoerfer joins QBE from AIG’s Blackboard Insurance Co., bringing 12 years of...
Slabbert Succeeds Clementi as Chief Executive Officer of MS Amlin Underwriting Ltd.
Oct 28 2020 // MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Johan Slabbert as chief executive officer. Slabbert will take up the role on Nov. 1, 2020, subject to regulatory...
RSG Underwriting Managers Names Wuller Executive Vice President
Oct 21 2020 // Ryan Specialty Group (RSG) announced the appointment of Miles Wuller as executive vice president of RSG Underwriting Managers, the managing underwriting division of Ryan Specialty Group that provides centralized...
Applied Underwriters Sues California Over ‘Bad Faith’ Insurer Conservatorship Plan
Oct 21 2020 // Workers’ compensation specialist Applied Underwriters is suing California Insurance Department officials to halt a state plan its says would force its workers’ compensation partner California Insurance Co....
MGA DUAL Plans to Use Its Own Underwriting Capital Alongside Capacity Providers
Oct 16 2020 // DUAL, the London-based managing general agency, announced it will deploy its own group underwriting capital alongside its existing capacity providers. “This is a game-changing moment for DUAL. Now, by providing...
Appalachian Underwriters Opens New Office in Texas
Oct 14 2020 // Appalachian Underwriters Inc. (AUI) has opened a new satellite office in Richardson, Texas, and hired Terry Holley as regional manager. Holley comes to AUI with over 25 years in the insurance industry, with former roles...
AXIS Insurance Adds 4 Senior Underwriters to Management Liability Team
Oct 7 2020 // Specialty insurer AXIS Insurance has hired four experienced underwriters to its U.S. Management Liability team. Christina Segreti, Drew Kushnick, Matthew Holzinger and Sherry Alexakis have joined AXIS as senior...
The MEMIC Group Appoints Nash as Underwriter for Carolinas
Oct 7 2020 // Sealy Nash of Charlotte, N.C. has been appointed as a senior production underwriter at The MEMIC Group, a specialty workers’ compensation insurance company serving the Eastern seaboard from Florida to Maine. She will...
HIIG in Houston Hires Rollins as Director of Underwriting, Property
Oct 7 2020 // Houston International Insurance Group Ltd. (HIIG) has hired Jason Rollins to join its Commercial Property group as director of Underwriting. Rollins has 20 years of experience building highly profitable property books. He...
P/C Mutual Insurers Improved Underwriting in 2019: AM Best
Oct 5 2020 // Top 10 Hold 72% of Market: AM Best Despite a highly competitive property/casualty insurance industry and pressures on operating performance, U.S. mutual insurance companies reported continued improvement in underwriting...
Everest Insurance Appoints Harnett, Nikodem and Lightbown to Key Underwriting Posts
Oct 2 2020 // Everest Insurance announced today three executive appointments in its underwriting leadership. Mike Harnett has been named chief underwriting officer for North America; Erik Nikodem has been appointed global head of...
UK MGA Manchester Underwriting Mgmt Buys Renewal Rights of Pinpoint Underwriting
Oct 2 2020 // Manchester Underwriting Management Ltd. (MUM) has acquired the portfolio renewal rights of Pinpoint Underwriting. The underwriting team at Pinpoint will be joining MUM with immediate effect. Pinpoint is a well-established...
