Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
CNA Appoints Wilson Senior VP, Underwriting Services
Oct 23 2017 // Chicago-based insurer CNA has named Katie Wilson as senior vice president, underwriting services, within the company’s Commercial unit. In this role, Wilson is responsible for driving the overall strategic direction...
Mahaffey Promoted to Transportation Underwriter in J.M. Wilson’s Ohio Office
Oct 23 2017 // Managing general agency and surplus lines broker J.M. Wilson has promoted Seth Mahaffey to transportation underwriter in its Westerville, Ohio, office. Mahaffey is responsible for quoting new and renewal accounts for a...
RSA Canada Taps Cohen from Aviva Canada as SVP, Chief Underwriting Officer
Oct 20 2017 // Toronto-based RSA Canada has appointed Steve Cohen to the newly created role of senior vice president and chief underwriting officer. The SVP and chief underwriting officer role was created to build upon the progress the...
Travelers Insurance Reports Solid Q3 Results Despite $700M Cat Losses
Oct 19 2017 // The Travelers Companies today reported $293 million in net income for the third quarter despite absorbing more than $700 million in catastrophe claims. The $293 million in net income was a 59 percent decline from the $716...
AXIS Capital Completes Purchase of Novae; Executive Team Announced
Oct 18 2017 // AXIS Capital Holdings Ltd. it has finalized its acquisition of Novae Group plc, which creates a $2 billion insurer in London and a top ten re/insurer at Lloyd’s, with 2016 global gross written premiums of $6...
AmWINS Acquiring 15 Insurance Programs from Willis Towers Watson
Oct 16 2017 // Specialty broker AmWINS Group reports it has agreed to acquire 15 insurance programs from broker Willis Towers Watson. Among the programs being acquired by AmWINS are MountainGuard, which provides underwriting, claims and...
Everest Re in London Taps Hiscox’s Armitage, Gairdner from Tokio Marine Kiln as Sr. Underwriters
Oct 12 2017 // Everest Re Group Ltd. announced the addition of several new senior underwriters to the London team of Everest Reinsurance (Bermuda) Ltd. Luke Armitage joins Everest Re’s London office as senior underwriter for motor...
Beazley Begins Underwriting at New Dublin-Based Subsidiary
Oct 10 2017 // Specialist insurer Beazley has underwritten its first policies through its new Dublin-based insurance company, which was authorized by the Central Bank of Ireland in July. The company, Beazley Insurance, is rated...
MGA Pen Underwriting Signs £150M Motor Capacity Deal with Zurich Insurance
Oct 9 2017 // Pen Underwriting, the UK managing general agent, has announced a new long-term capacity deal with Zurich in the specialist area of hazardous and tanker transportation, building on a successful partnership that extends back...
New Jersey’s New Day Underwriting Managers Promotes Torres
Oct 9 2017 // New Day Underwriting Managers LLC, a specialty intermediary of environmental and construction-related professional liability insurance coverages based in Bordentown, N.J., has promoted Maydelis Torres to vice president of...
P/C Insurer Software Provider Guidewire to Acquire Data Science Firm Cyence
Oct 6 2017 // Guidewire Software Inc., a provider of core operations software to property/casualty insurers, has agreed to acquire Cyence, a data science and risk analytics software company. Guidewire will pay approximately $275 million...
Argo Taps Eccles from Travelers as International Chief Underwriting Officer
Oct 6 2017 // Argo Group International Holdings Ltd., the Bermuda-based specialty insurance and reinsurance company, has announced the appointment of Steve Eccles to serve as the chief underwriting officer for its international...
RMS Launches Risk Selection Solution for Underwriters
Oct 5 2017 // RMS, the Newark, Calif.-based risk modeling and analytics firm, has introduced a solution that enables underwriters to access critical information about any location globally, providing “a competitive advantage in...
The Doctors Co. in California Names Brown Head of Underwriting
Oct 4 2017 // Napa, Calif.-based The Doctors Co. has named Crystal R. Brown senior vice president of underwriting. Brown leads the company’s underwriting operations nationally, reporting directly to Bill Fleming, chief operating...
People
Oct 2 2017 // Global insurance broker Hub International Limited (HUB) named Marc Cohen, currently president, as president and chief executive officer, effective Jan. 1, 2018. He also will be a member of the board of directors. Cohen...
Pioneer Underwriters & Lloyd’s MGA Asta Get Initial Nod to Set Up Lloyd’s Syndicate
Sep 26 2017 // Pioneer Underwriters and Asta, the third party managing agent at Lloyd’s, announced they have received “in principle” approval from Lloyd’s to establish a syndicate. Pioneer commenced underwriting...
CNA Names Dasher Underwriting VP for Small Business
Sep 25 2017 // Commercial lines insurer CNA has announced the appointment of Greg Dasher to vice president of underwriting for its Small Business segment. Dasher will be responsible for the small business segment’s strategic and...
Blue River Underwriters Launches Free Online Fire Sprinkler Contractor Safety Portal
Sep 25 2017 // Atlanta, GA, September 25, 2017 — The Blue River Underwriters’ Fire Sprinkler Elite program launched a free online safety portal to provide risk management resources for its fire sprinkler contractors’...
DUAL’s Construction Division in North Carolina Adds Mahar as Senior Underwriter
Sep 25 2017 // DUAL Commercial has hired John Mahar as a senior underwriter within its Construction Division. Mahar will be located in DUAL’s new office in Charlotte, NC. Mahar has more than 18 years of experience in the insurance...
Ratings of Illinois’ Prime Insurance Company Upgraded
Sep 22 2017 // A.M. Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” from “a-” of Prime Insurance Company (PIC) in Chicago,...
