Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Volante Global to Launch in Q1 2018 as Multi-Class International MGA Platform
Dec 20 2017 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, will launch and commence trading during Q1 2018, subject to Lloyd’s coverholder approvals where...
Orchid Underwriters Taps Cyran as Chief Underwriting Officer in Florida
Dec 18 2017 // Orchid Underwriters Agency, LLC, a specialty underwriter of catastrophic coastal insurance, has hired Andrew Cyran as chief underwriting officer, a new position within the organization. Effective immediately, Cyran will...
Fidelis Takes Equity Stake in New MGA Firestone Surety
Dec 15 2017 // Fidelis Insurance announced it has taken an equity stake in a new managing general agent (MGA) Firestone Surety Ltd., and will provide underwriting capacity. Details about the amount of Fidelis’ investment and...
Pioneer Underwriters Gets Lloyd’s Approval to Launch Syndicate 1980 on Jan. 1
Dec 14 2017 // Pioneer Underwriters announced it has received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after Jan. 1, 2018. Pioneer Syndicate 1980 will have a gross premium income of...
Arrowhead Expands Its New Small Business Underwriting Staff
Dec 14 2017 // San Diego, CA, December 14, 2017 – Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the addition of Alan Nelson as West region leader of Arrowhead Core Commercial. Al comes to Arrowhead with over 30...
Former Hartford Underwriter Reese Joins Pioneer Underwriters’ Georgia Team
Dec 13 2017 // Pioneer Underwriters has appointed Kellie Reese as an underwriter in its recently launched E&S Property operation. She will report to Dave Phillips, based in Alpharetta, Ga. Reese has almost 30 years of experience as a...
UK MGA Plum Opens Underwriting, Support Center in Basildon, England
Dec 13 2017 // Plum Underwriting, the specialist home insurance managing general agent in the UK market, has opened an underwriting and service center as part of its strategy to support continued growth. The center, located in Basildon,...
COUNTRY Financial Appoints Thorpe VP of Commercial/Agribusiness Underwriting
Dec 6 2017 // Andrea Thorpe, of Bloomington, Illinois, has been named vice president of Commercial/Agribusiness Underwriting at COUNTRY Financial. She replaces Sheri Bane who will retire in January 2018. Thorpe will lead the...
Coalition, a Cyber Insurer and Cybersecurity Firm, Makes Its Debut
Dec 6 2017 // Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is also a cybersecurity firm. Founded in March 2017, Coalition is co-founded by technology...
AIG Lures Berkshire Hathaway’s Bolt for Chief Underwriting Post
Dec 5 2017 // American International Group said Tom Bolt will join the company as chief underwriting officer, General Insurance. He will be responsible for developing a global framework for underwriting standards, authority and...
Maritime Program Group Promotes Kelly to Chief Underwriting Officer in Atlanta
Dec 5 2017 // Maritime Program Group, Inc. of Westbrook, Conn., has promoted Alison Kelly to chief underwriting officer. Kelly, partner and branch manager for the MPG Atlanta office and now CUO, will have oversight over all of...
AGCS Promotes Virji to Lead UK Cyber Team; Yu from Principia Named Senior U/W
Dec 4 2017 // Allianz Global Corporate & Specialty (AGCS) announced that Yogesh “Yogi” Virji has been promoted to lead the UK cyber team. In addition, Hui Yu will join the UK team as a senior underwriter in the new year....
People
Dec 4 2017 // Garrett Sprowls, general counsel and managing broker of Austin-based Professional Lines Underwriting Specialists Inc. (PLUS Inc.), has been elected president of the Texas Surplus Lines Association Inc. (TSLA). Other newly...
Four Reasons to Explore Underwriting Automation
Nov 28 2017 // This post is part of a series sponsored by CoreLogic. If you’re reading this blog, then you are likely interested in learning more about how you can make your company’s property underwriting process more...
Brit Appoints Brock as President of Newly Formed Scion Underwriting Managers
Nov 28 2017 // Brit Ltd. announced that insurance industry veteran, Scott Brock, has joined as president of newly formed specialty platform Scion Underwriting Managers. In this role, Brock will be responsible for building and managing...
Pen Underwriting Builds on QBE Partnership with Irish P/C Capacity Deal
Nov 20 2017 // Pen Underwriting has extended its strategic relationship with QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the highly specialist area of hazardous goods & environmental...
How Surety Bonds Impact Contractor and Agent Relationships
Nov 20 2017 // Even though the surety industry is only a fraction of the total property/casualty marketplace, the importance of surety bonds to contractors and their impact on their relationship with insurance brokers is significant. A...
People
Nov 20 2017 // Deerfield, Illinois-based Alera Group, a national employee benefits, property/casualty, risk management and wealth management firm, has appointed Bill Doucette as vice president of Human Resources and Organization...
People
Nov 20 2017 // The Central Insurance Companies announced the election of Evan Purmort to its board of directors as well as his appointment to the executive committee of the Central Companies. Purmort resides in Boston, Mass. As regional...
Canada’s Economical Restructures to Strengthen Broker Relationships, Profits
Nov 17 2017 // Economical Insurance announced the creation of a new organizational structure, with three market-facing regions. The restructuring is designed to improve profits, strengthen relationships with broker partners, capture more...
