Latest Underwriting Headlines
All the headlines from our Underwriting Topic Page, ordered by recency.
Chubb Forms ‘Custom Industry Solutions’ Product, Creates London Region
May 1 2017 // Chubb announced it has created a “Custom Industry Solutions” product cluster in UK and Ireland, which will bring together its life science, info tech, package and entertainment industry segments. This new...
What to Know About Underwriting Restaurants & Bars
May 1 2017 // Liquor liability claims are on the rise for the bar and nightclub sector. The number of insurance carriers willing to write tough to place establishments has dwindled fast, according to Marc Adler, Managing Director, Burns...
MGA Pen Underwriting & Markel Partner to Offer UK Equine Cover
Apr 27 2017 // Pen Underwriting has formed a new strategic partnership with specialist insurer Markel International to further consolidate Pen’s presence in the UK equestrian market and drive the company’s product innovation...
Arrowhead’s Ambulance Program Expands Under Its Bellingham Underwriters Division
Apr 27 2017 // San Diego, CA, April 27, 2017 – The Ambulance Program of Arrowhead General Insurance Agency, Inc. (Arrowhead) has been recreated with a new carrier and is now managed by Bellingham Underwriters (Bellingham),...
Chubb’s Greenberg Clarifies Criticism of Wholesale Brokers
Apr 26 2017 // In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still expecting bigger brokerage...
Despite ‘Difficult’ Environment, Chubb Q1 Profit Tops $1 Billion
Apr 26 2017 // Chubb Limited reported net income for the quarter of $1.09 billion, compared with $439 million for the same quarter last year. Operating income was $1.17 billion, compared with $1.01 billion, for the same quarter last...
Underwriting Questions in the Sharing Economy
Apr 26 2017 // Here at Insurance Journal’s Academy of Insurance, the idea of the sharing economy has been a front burner item lately. This week’s webinar is the third (and last) this year on the subject and the second in...
Neon Appoints Sirius’ Sethi as Senior D&F Underwriter
Apr 24 2017 // Neon has appointed Catherine Sethi as senior underwriter in its Property Direct & Facultative (D&F) team. Based in London, Sethi will report to Sam Yates, who joined Neon recently to lead the expansion and growth...
Hamilton Re to Buy Canopius’ Excess Casualty Renewal Rights
Apr 24 2017 // Hamilton Re, the Bermuda-based platform of Hamilton Insurance Group, announced it has agreed to acquire the renewal rights to Canopius Underwriting Bermuda Ltd.’s excess casualty insurance book of business. The...
MGA Nirvana Targets Media, Technology & Cyber Risks on Castel Platform
Apr 21 2017 // Nirvana Risk Partners has launched as an underwriting cell on Castel Underwriting Agencies’ MGA formation platform, targeting media, technology and cyber liability risks. Nirvana will underwrite risks for small and...
Main Street America Promotes Frazier to SVP; Appoints 3 New Company Officers
Apr 21 2017 // The Main Street America Group has made changes to its personnel, including promoting Tom Frazier, the company’s chief investment officer, to senior vice president. Frazier has been a Main Street America vice...
Amerisure Names Erie’s Ishwar as Chief Underwriting Officer
Apr 20 2017 // Amerisure Mutual Insurance Co. announced that Jayashree Ishwar has joined the company as chief underwriting officer. Ishwar will be accountable for corporate underwriting, loss control, advanced analytics and product...
Pioneer Expands Miscellaneous E&O Division with 2 Pennsylvania Appointments
Apr 20 2017 // Pioneer Underwriters (Pioneer) has appointed Milan Devetak as senior underwriter and Andrew Nowlan as underwriter in the Miscellaneous E&O, Technology & Cyber division of its U.S. underwriting platform, Pioneer...
Velocity Risk Underwriters Launches Landlords Policy in Florida
Apr 20 2017 // Velocity Risk Underwriters has expanded its Florida products to include a landlords policy for rental properties (DP-3) for annual, seasonal, and vacation rentals. Velocity’s homeowners programs in Florida utilizes...
Third Point Re Names Berkshire Hathaway’s Govrin to U.S. Underwriting Post
Apr 12 2017 // David Govrin has been appointed to the position of executive vice president of underwriting for Third Point Reinsurance (USA) Ltd. Govrin brings 25 years of experience in the insurance industry to his new role. Prior to...
AXIS Re Names XL Catlin’s Leahey as Senior Cat U/W for Europe, MENA
Apr 12 2017 // AXIS Capital Holdings Ltd. announced the appointment of Michael Leahey as vice president and deputy head of Catastrophe Underwriting for Europe, Middle East and North Africa (MENA), and Israel, for AXIS Re. In addition to...
Chicago’s HDI Global Insurance Adds to U.S. Engineering, Construction Team
Apr 11 2017 // Industrial lines insurer HDI Global Insurance Co., based in Chicago, has added personnel to its Engineering Lines and Construction division. Mark Groenheide, vice president, engineering lines underwriting manager, is...
QBE North America Names CNA’s Beckman Chief Underwriting Officer
Apr 11 2017 // QBE North America has appointed John Beckman as chief underwriting officer. Beckman will be responsible for efforts to enhance underwriting practices and processes, including product development, technical leadership and...
XL Catlin Names Swiss Re’s Bewlay as Global Chief Underwriter for Casualty
Apr 10 2017 // XL Catlin’s insurance operations has named Nancy Bewlay as global chief underwriting officer, Casualty. In her new role, Bewlay assumes underwriting and portfolio management for all of XL Catlin’s Casualty...
Pennsylvania’s Venture Programs Hires Wright and Starr
Apr 6 2017 // Venture Programs, a West Chester, Penn.-based national insurance program administrator, has added Janet Wright as a risk manager and Jeanne Starr as a SUITELIFE regional underwriter. In this new role, Wright will be...
