Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
S&P Says Underwriting in Lloyd’s Market Continues to Improve
Sep 7 2020 // The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there are signs of improvement, according to analysts at S&P Global Ratings. S&P...
Property/Casualty Insurance First-Half Underwriting, Net Income Drops Tied to COVID
Sep 7 2020 // U.S. property/casualty insurance underwriting income dropped 5.5% in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19 costs are...
Ryan Specialty Group and All Risks Finalize Merger
Sep 2 2020 // Specialty insurance brokerages Ryan Specialty Group and All Risks have closed on the merger the two firms into Ryan Specialty Group. The deal unites Chicago-based Ryan Specialty Group and its nearly $12 billion in premium,...
Carrie B. Mudd Joins Breckenridge Insurance Services to Grow Transportation Business
Sep 1 2020 // Atlanta, GA, September 1, 2020 — Breckenridge Insurance Services is pleased to welcome Carrie B. Mudd to the wholesale brokerage and binding firm. Mudd joins the organization as a vice president, underwriter with over 17...
P/C Insurance First-Half Underwriting, Net Income Drops Tied to COVID
Aug 27 2020 // U.S. property/casualty insurance underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19...
Accredited Enters New Program Underwriting Partnership with Surround Insurance
Aug 26 2020 // Accredited Surety & Casualty Company Inc., a wholly owned subsidiary of Randall & Quilter Investment Holdings Ltd. (R&Q) and a Florida-domiciled insurance company licensed in all 50 states to write admitted...
MS Amlin Names Everest Re’s Carrier as Chief Underwriting Officer as 3 Step Down
Aug 26 2020 // MS Amlin Underwriting Limited, the Lloyd’s (re)insurer, has appointed Andrew Carrier to the new position of chief underwriting officer. Carrier will be responsible for managing all of MS AUL’s underwriting...
101 Sales, Marketing & Agency Management Ideas
Aug 24 2020 // 1. Offset Negativity. What can you show your clients that you are doing to help them during the pandemic? Everyone is tired of hearing how all their business income (BI) claims are denied. What are you doing to offset all...
S&P Says Underwriting in Lloyd’s Market Continues to Improve
Aug 21 2020 // The Lloyd’s market looks unlikely to turn an underwriting profit in 2020 given the pandemic and hurricane season. However, there a signs of improvement, according to analysts at S&P Global Ratings. S&P notes...
Ironshore Environmental Taps Argo’s Killimett to Lead Wholesale Underwriting Team
Aug 19 2020 // Ironshore Environmental has named Kelly Killimett to lead its newly established wholesale team. Killimett will be responsible for developing and executing an integrated underwriting and sales strategy dedicated to serving...
Dabney Named VP, Corporate Underwriting, at Texas Mutual Insurance Co.
Aug 18 2020 // Richard Dabney has been appointed vice president of corporate underwriting at the Austin-based workers’ compensation insurer, Texas Mutual Insurance Company. In this newly created VP position within the underwriting...
IGI Appoints Neon’s James as Class Underwriter for Cargo in London
Aug 18 2020 // Specialist insurer International General Insurance Holdings announced the appointment of Brian James as class underwriter for Cargo. James will be based in IGI’s London office and will be responsible for developing a...
Not Every Insurtech Is a Startup: How Swiss Re Delivers Tech Solutions
Aug 14 2020 // It’s not just insurtech startups that have an edge on innovation. Some established reinsurers have developed their own analytics and technology divisions that offer a variety of insurtech-type solutions for...
Litchfield Special Risks Adds Harris as Underwriter in El Paso
Aug 14 2020 // El Paso, Texas-based surplus lines managing general agent, Litchfield Special Risks Inc., has added Melissa Harris as a property/casualty underwriter. Harris is experienced in commercial underwriting and joins LSRI after...
Texas Mutual Names Strong VP, Underwriting Operations
Aug 13 2020 // Paschal Strong has been appointed vice president of underwriting operations at workers’ compensation insurer, Texas Mutual Insurance Co. In this newly created position within the underwriting division, Strong will be...
One80 Intermediaries Acquires Canadian MGA, Strategic Underwriting Managers
Aug 12 2020 // One80 Intermediaries, a Boston-headquartered wholesale broker, program manager, and insurance aggregator, announced it has acquired Strategic Underwriting Managers Inc. (SUM), a Canada-based managing general agent. Terms...
Jackson Sumner & Associates Acquires Virginia’s Landers Underwriting
Aug 12 2020 // Jackson Sumner & Associates (JSA) has acquired Landers Underwriting of Charlottesville, Va., in a deal inked earlier this month. Terms of the transaction were not disclosed. JSA is an excess and surplus broker that...
Trident Marine Managers, Nationwide E&S Form Underwriting Agreement
Aug 11 2020 // Trident Marine Managers, Inc. (Trident) has reached a delegated authority underwriting agreement with Nationwide E&S to provide recreational marine and marine equipment insurance, along with workers’ compensation...
Chubb Names Lupica President, North America; Krump Vice Chair, Global Underwriting, Claims
Aug 10 2020 // Global insurer Chubb announced appointments to two new executive positions. Chubb has named John Lupica as president of North America Insurance, the company’s largest division. Lupica is currently vice chairman,...
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms
Aug 10 2020 // Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses including Precision Castparts aircraft parts, the BNSF railroad, Occidental Petroleum Corp., Kraft...
