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Viewpoint: Delegated Underwriting Authority Enterprises Offer Insurers Competitive Edge

Insurance Journal

The growing adoption of data-driven underwriting and predictive analytics has given delegated underwriting authority enterprises (DUAEs) a competitive advantage within the insurance industry, with technology serving as a cornerstone for many of these operations. An AM Best survey of its …

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Underwriters of the Future Are Constant Partners With Agents, Carrier Exec Says

Insurance Journal

The future of underwriting will be built on closer relationships between carriers and insurance agents, with carriers working hand-in-hand with agencies to maximize profits from books of business. That was the word from Chad Combs, vice president of personal lines …

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What is an Insurance Underwriter?

Central Insurance

At Central, our underwriters are more than evaluators of risk. Theyre trusted advisors who collaborate with agents and policyholders to design thoughtful, customized protection. The post What is an Insurance Underwriter? The post What is an Insurance Underwriter? appeared first on Central Insurance Blog.

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Markets/Coverages: MGA Helix Underwriting Launches Professional Lines Program

Insurance Journal

Helix Underwriting Partners Ltd., the Bermuda-based managing general agent (MGA), has launched a professional lines program with a maximum line limit of $10 million. Backed by Somers Re, the Bermuda-based program is writing a portfolio of professional liability products and …

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Ryan Specialty Acquires Irish MGU 360° Underwriting

Insurance Journal

Ryan Specialty, the Chicago-based international specialty insurance firm, announce that it has acquired 360 Underwriting (360), a managing general underwriter specializing in commercial construction. 360 is based in Dublin and Galway, Ireland, and will become a part of the Ryan …

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Envelop Risk Launches Underwriting Division, Naming Ex-Dale Underwriter Peters CEO

Insurance Journal

Envelop Risk, the reinsurance managing general agent and analytics specialist, announced the launch of Envelop Underwriting, which will encompass all existing cyber underwriting activities: Envelop Risk Bermuda and Envelop at Lloyd’s, including the Envelop Risk SPA 1925. Dom Peters has …

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Ryan Specialty Agrees to Buy Certain Assets of Ardonagh’s Geo Underwriting Europe

Insurance Journal

Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has signed a definitive agreement to acquire certain assets of the European managing general agent Geo Underwriting Europe BV (Geo Europe), part of London-based Ardonagh Group. Terms of the transaction …