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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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Clear Group Acquires UK MGA Accelerate Underwriting

Insurance Journal

The Clear Group, the London-based independent insurance broker, announced the acquisition of the managing general agency, Accelerate Underwriting. Established in 2015, Accelerate Underwriting is a … Financial terms of the deal, which is its fourth involving an MGA, were not disclosed.

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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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Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS

Insurance Journal

Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter based in Bow, New Hampshire. AIMS does most of its business in the Mid-Atlantic and East Coast …

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Ryan Specialty Finalizes Acquisition of USQRisk

Insurance Journal

Global specialty insurance broker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. Operating in New York and London, USQ underwrites non-traditional insurance risks. USQ’s operations will become a part of the alternative risk business within Ryan Specialty. The …

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Security First, Amelia Underwriters Offering New Products in Warming Florida Market

Insurance Journal

Amelia Underwriters, a wholesale and surplus lines broker based in Fernandina Beach, … Two Florida-based insurance companies are expanding their product lines, another sign that insurers are making more if limited moves into a warming market in the state.

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Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU

Insurance Journal

Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year. Velocity Risk, providing coverage for catastrophe-exposed properties, is a managing general underwriter