Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
People
Feb 5 2018 // Boca Raton, Fla.-based Universal Insurance Services, LLC, a subsidiary of Vanbridge, LLC, has added Jamie Lorentz to the firm as an analyst for Corporate and Institutional Insurance. Lorentz joins Universal from...
People
Feb 5 2018 // Texas Security General Insurance Agency LLC (TSGA) in San Antonio, Texas, added David A. Winkley as vice president of Commercial Lines. A former business owner, Winkley has industry experience in retail production,...
Still an Uphill Climb for Commercial Auto Market
Feb 5 2018 // The difficult job of moving commercial auto insurance to a profitable place has not gotten any easier. More vehicles on the road thanks to a rebounding economy, more miles driven, distracted drivers and...
People
Feb 5 2018 // David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan. The firm will focus on serving law firms, as it did when it...
A.M. Best Ratings Recap
Feb 5 2018 // Outlooks Positive: Northwest G.F. Mutual Insurance Co. A.M. Best revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of...
Towerstone Adds 4 Associates to Dallas Underwriting Team
Feb 2 2018 // Dallas-based Towerstone Inc., a national specialty wholesale insurance broker, has added four associates to wholesale underwriting team. David Willbanks joined the company as a small commercial underwriter and will connect...
Virginia’s Continental Underwriters Promotes Huang to Chief Operating Officer
Feb 2 2018 // Continental Underwriters Inc., a Richmond, Va.-based managing general underwriter and wholesale broker, has promoted Amanda Huang to chief operating officer. Huang has been a part of Continental for more than 12 years. She...
Volante Launches Nordic-Focused MGA, Bridge Underwriting, Led by QBE’s Lindberg
Feb 2 2018 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Bridge Underwriting AB, a Stockholm-based specialist underwriting MGA. Bridge...
Tokio Marine Kiln Taps Jomaa from CFC as Cyber Underwriter
Feb 1 2018 // Tokio Marine Kiln (TMK), the London-based provider of specialist and corporate insurance, has appointed Alex Jomaa as cyber underwriter. He takes up the role immediately and will report to Laila Khudairi, head of...
Pioneer Names Sternstein as VP in Allied Healthcare Unit in Chicago
Jan 31 2018 // Pioneer Underwriters (Pioneer) has appointed Aaron Sternstein as vice president in its Allied Healthcare division. He is based in Chicago and reports to Jim Stewart, senior vice president of Allied. Sternstein has more...
International Underwriting Association Calls for EU Registry of Cyber Claims Data
Jan 31 2018 // A more coherent, consistent recording of cyber incidents would help the insurance industry better understand the frequency and cost of cyber claims, according to a report published by the International Underwriting...
General Liability Underwriters to Play Vital Role in Drone Insurance: IUA Report
Jan 30 2018 // Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones, according to a report from the International Underwriting Association (IUA). As a...
Ryan Specialty Group Launches Latin America MGA, Capital Bay Underwriting
Jan 29 2018 // Ryan Specialty Group (RSG) has launched a Latin American-focused managing general underwriter, Capital Bay Underwriting, based in Miami. Capital Bay’s central emphasis is financial lines re/insurance products for...
Chubb Launches Agency Management & Agency Underwriting Unit in Singapore
Jan 29 2018 // Chubb announced the launch of a new Agency Management and Underwriting unit in Singapore. This dedicated unit will manage the strategic growth of the agency distribution channel as well as its specific underwriting and...
Cannasure Hires Kieran O’Rourke as Director of Underwriting
Jan 29 2018 // Cannasure Insurance Services (Cannasure), a managing general agent and wholesale broker specializing in cannabis insurance, and based in Cleveland, Ohio, has hired Kieran O’Rourke to lead its MGA underwriting...
CNA Makes 3 Commercial Insurance Appointments
Jan 26 2018 // CNA announced three leadership appointments within the company’s Commercial Insurance organization. Michael Kirchgessner has been appointed to senior vice president, Underwriting for Large/Complex Casualty business....
MGA Ascent Underwriting Acquired by Preservation Capital Partners
Jan 25 2018 // Private equity firm Preservation Capital Partners has completed its acquisition of Ascent Underwriting, the London-based cyber and specialty lines MGA, after obtaining UK regulatory approval. Ascent’s management team...
Pioneer Adds Sarnoski as Senior Underwriter on West Coast
Jan 25 2018 // Pioneer Underwriters has named Dave Sarnoski senior underwriter in its miscellaneous, technology and cyber liability division. Sarnoski reports to David Lucey, vice president of the division, and will be responsible for...
Khan Promoted to CEO, President at ThinkRisk and CorPro
Jan 23 2018 // Ryan Specialty Group (RSG) announced the promotion of Reza Khan to chief executive officer and president of ThinkRisk Underwriting Agency and CorPro Underwriting Managers. Reza previously served as executive vice president...
People
Jan 22 2018 // Connie Clarke has been appointed president of TDECU Insurance Agency LLC in Lake Jackson, Texas. Clarke brings more than 20 years’ experience in both the insurance and financial services industries to the...
