Matthew Nichols has been elected president of the National Association of Professional Surplus Lines Offices Ltd. (NAPSLO) for the 2013 term. Nichols has served on the NAPSLO board since 2005 and has chaired several committees. Currently, he is the president …
Despite catastrophic events in 2011, low investment yields and competitive pressures, surplus lines specialists — especially market leaders — generated healthy operating profits and returns on both revenue and surplus. And once again, the surplus lines sector outpaced the results …
The National Association of Insurance Commissioners (NAIC) is a non-profit entity that acts as the trade association for state insurance commissioners. Although the NAIC may play a central role in regulation of the insurance industry, it nonetheless is a private …
Navigators Management Company Inc. (NMC) has launched a new operating unit that will focus on working exclusively with wholesale brokers in the United States. “We have always enjoyed tremendous relationships with the wholesale brokerage community,” said President and CEO Stanley …
Cooper Gay Swett & Crawford (CGSC) is the largest independent (i.e. privately owned by its employees and private equity funds) global wholesale and reinsurance broker. Over 1,400 professionals work in some 60 offices on four continents. “In this globalized world …
Chicago-based R-T Specialty, the wholesale brokerage unit of Ryan Specialty Group, reports it has closed on the acquisition of American E&S Insurance Brokers (AES) from Wells Fargo Insurance Services. RT Specialty acquired the operating assets, including eight AES office locations: …
