London News

Fox Point Programs Offers E&O Product for Security Broker Dealers

Fox Point Programs based in Wilmington, Del., has partnered with underwriters at Lloyds of London to offer errors and omissions insurance for securities brokers-dealers. The coverage provides protection against allegations of wrongful acts committed by the insured as well as …

London American Professional Liability introduces a new Real Estate Agents & Brokers E&O Program

Fort Lee, New Jersey – London American Professional Liability, LLC (LAPL), a Program Administrator and MGA, introduces a new program for Real Estate Agents and Brokers Errors and Omissions. The program is being offered in most states and is underwritten …

ICAT Establishes Syndicate at Lloyd’s of London

ICAT Holdings LLC announced the creation of a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties throughout the United States. ICM Syndicate 4242 will commence underwriting business on …

McQueary Henry Bowles Troy Adds Moss as VP in P/C Group

McQueary Henry Bowles Troy L.L.P. announced that Jim Moss has joined its Dallas office as vice president in the property and casualty production group. Moss is a veteran in the insurance industry, bringing 40 years of experience specializing in property …

Professional Program Offers Tattoo And Body Piercing Program Enhancements

Professional Program Insurance Brokerage announced their body piercing and tattoo program can now offer property coverage in more states. Property insurance is available along with the company’s liability program in more states. The exclusive program offers self rating for both …

ICAT Establishes Syndicate at Lloyd’s of London

Boulder, Colo.-based ICAT Holdings LLC has created a new underwriting syndicate at Lloyd’s of London, designated as ICM Syndicate 4242, to support the company’s underwriting of catastrophe-exposed properties throughout the United States. ICM Syndicate 4242 will commence underwriting business on …

Guy Carpenter Names Gralton to Head U.S. Casualty Wholesale Unit

Guy Carpenter & Company, Inc., a risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has named Nick Gralton as head of its U.S. wholesale casualty operation. Gralton will be based in London. Gralton has 28 …

Swiss Re Advisors See Big Demand for Energy Risk Underwriting

Major global political and business leaders say energy issues are high on their agenda and that the demands and risk transfer needs of this sector pose challenges and opportunities for insurers and reinsurers. At Swiss Re’s Centre for Global Dialogue, …

Judge Rules in Favor of Plaintiffs in New Orleans Canal Case

In a decision that could cost insurers many more billions of dollars than they have already paid out in Hurricane Katrina claims, a federal judge in New Orleans has ruled that ambiguities in certain homeowners policies leave open the possibility …

Hiscox Opens Offices in Sweden, Portugal

Hiscox plc, a leading specialist insurer, has opened two new European offices – one in Sweden and another in Portugal – as part of its commiment to further European development. “The offices in Stockholm and Lisbon will target high-net-worth consumers …