Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
SkyWatch.AI Launches On-Demand Drone Insurance in UK, Underwritten by Chaucer
Jul 15 2019 // SkyWatch.AI, the on-demand, telematics-based insurance platform, has launched in the United Kingdom following last year’s launch in the United States. SkyWatch.AI’s UK policies will be underwritten by specialty...
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Jul 15 2019 // National PartnerRe announced that Jonathan Colello has joined the company effective July 1, 2019, as CEO for P&C Americas and president of Partner Reinsurance Co. of the U.S. In his new role, Colello will have...
Copperpoint Names Mooney Vice President and Underwriting Head in California
Jul 12 2019 // CopperPoint Insurance Cos. has named Mark Mooney vice president and head of underwriting for California. Mooney will be based at CopperPoint’s PacificComp regional office in Westlake Village, Calif. He will lead the...
Pushing and Pulling Lloyd’s Into the 21st Century
Jul 10 2019 // Twenty-five years ago, the Lloyd’s of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in the market worked...
Berkshire Hathaway’s Leeks Joins Everest Insurance as Lloyd’s Syndicate Underwriter
Jul 9 2019 // Everest Insurance International announced the addition of Martin Leeks to its Lloyd’s Syndicate 2786 as a medical malpractice and multi-national/ specialty underwriter. Leeks will be responsible for the development...
New York’s SterlingRisk Insurance Hires Rosu as Senior Program Underwriter
Jul 3 2019 // SterlingRisk Insurance, a Woodbury, N.Y.-based, independently owned insurance brokerage, has hired Taryn Rosu as senior program underwriter. In this role, Rosu will handle new business and renewals for the Combined Real...
Sale of Applied Underwriters Still Under Review; Cayman Islands Insurer Likely Involved
Jul 1 2019 // It appears that the Berkshire Hathaway workers’ compensation unit Applied Underwriters is being sold in a large acquisition, which likely involves Cayman Islands-based United Insurance Co. A spokesman for the Applied...
Agents (Still) Looking for Underwriting Sweet Spot: Channel Harvest
Jul 1 2019 // Whether technology is driving a “one size fits all” underwriting approach or carriers are narrowing their strike zone, this year’s independent agency survey from Channel Harvest reveals agents continue to...
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Jul 1 2019 // National American International Group said Kathleen Zortman will join the company as president and CEO of Private Client Group, General Insurance. In this new role, Zortman will lead AIG’s global high net worth...
CNA’s Mizzi Joins AIG’s Blackboard Insurance as Head of Underwriting
Jun 27 2019 // Blackboard Insurance, an American International Group company, announced that John Mizzi will join the team as head of Growth and Underwriting. Mizzi will lead the underwriting team as Blackboard expands its use of data,...
Beazley Snares Cyber Underwriters from Chubb, Gallagher for U.S. Regions
Jun 26 2019 // Specialty insurer Beazley has hired two cyber and technology underwriters in the U.S. to meet growing demand from middle market businesses for insurance cover for cyber, data security and privacy exposures. Jennifer...
Chubb, Hiscox, Tokio, Other Lloyd’s Underwriters Form Innovation Facility to Insure Emerging Risks
Jun 26 2019 // A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed to speed up re/insurance product development for new and emerging risks. The Product...
Transatlantic Underwriters Names Waltenburg Vice President in West
Jun 25 2019 // Transatlantic Underwriters has named Colby Waltenburg vice president. Waltenburg will be coordinating the opening of a new office for TAU on the West Coast. Waltenburg has worked in most aspects of wholesale...
Liberty Mutual Re Taps Voges from AXA as Senior Marine & Energy Underwriter
Jun 24 2019 // Liberty Mutual Re, part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader Marine & Energy within its London Market Risks (LMR) team. The new role was created to...
AIG’s Klepper Joins AXA XL as Chief Underwriter for Short Tail Insurance Lines
Jun 20 2019 // AXA XL, the property/casualty and specialty risk division of AXA, has named Robert Klepper as chief underwriting officer for Short Tail Insurance Lines. In his new role, Klepper will be responsible for developing...
States Reviewing Proposed Sale of Workers’ Comp Specialist Applied Underwriters
Jun 19 2019 // A possible sale of workers’ compensation specialist Applied Underwriters looks to be a step closer to reality. The California Department of Insurance is reviewing an application for the sale of the Calif.-based...
MS Amlin Names RSA’s Vogiatzidou as Senior Marine Underwriter in Dubai
Jun 18 2019 // MS Amlin, the London-based re/insurer, announced the appointment of Mary Vogiatzidou to the role of senior marine underwriter. Vogiatzidou will be based in MS Amlin’s Dubai office and will be responsible for the...
Data Deficit Remains Key Challenge for Cyber Insurance Underwriters
Jun 18 2019 // While there are “huge opportunities” on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with. “It’s...
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Jun 17 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even difficult-to-place, small or one-off inland marine risks at the best possible...
Underwriters Get Picky: 5 Trends to Watch in Construction Insurance
Jun 17 2019 // Construction insurance specialists say their insurance market is strong with plenty of capacity and underwriters competing for the best accounts. According to specialists interviewed by Insurance Journal for their...
