Insurance Journal

MAY 20, 2025

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 …

Underwriting 274

Underwriting Underwriter Commercial Broker-Agent 274

Insurance Journal

JULY 23, 2024

P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time since 2021. According to the analysis, private passenger auto insurance … S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S.

Underwriting 290

Underwriting Underwriter Auto Insurance Insurance Industry 290

Insurance Journal

SEPTEMBER 26, 2024

Alera Group announced the acquisition of Insurance Underwriters Ltd., a Louisiana-based insurance agency offering risk management and insurance solutions including business insurance, surety bonds, personal insurance and employee benefits.

Underwriting 264

Underwriting Underwriter Insurance Agency Insured 264

Insurance Journal

JULY 29, 2024

homeowners insurance segment suffered a $15.2 billion underwriting loss in 2023, more than double the loss seen in the previous year and the line’s worst underwriting results since at least 2000, according to a new AM Best report.

Underwriting 312

Underwriting Underwriter Insurance Insured 312

Insurance Journal

APRIL 30, 2025

SiriusPoint Taps AIG’s Gibson as International Chief Underwriting Officer SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the appointment … This edition of International People Moves details appointments at SiriusPoint and Howden. A summary of these new hires follows here.

Underwriting 182

Underwriting Underwriter Insurance Insured 182

Insurance Journal

AUGUST 29, 2024

property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses, premium growth is helping the overall …

Insurance Industry 278

Insurance Industry Underwriting Underwriter Casualty Insurance 278

Insurance Journal

AUGUST 29, 2024

Paula Cooley joined Graham-Rogers Insurance, headquartered in Bartlesville, Oklahoma, as a transportation new business underwriter. Cooley will focus on garage and transportation commercial auto. She has over 40 years of property and casualty experience, most recently serving as senior transportation/garage …

Underwriting 278

Underwriting Underwriter Commercial Insured 278

Insurance Journal

SEPTEMBER 5, 2024

Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, announced it has acquired Conifer Insurance Services a specialty commercial managing general agency from Conifer Holdings, Inc. The acquisition of Conifer marks Bishop Street’s entry into commercial lines, …

Underwriting 264

Underwriting Underwriter Commercial Insurance 264

Insurance Journal

APRIL 29, 2025

This edition of International People Moves details appointments at the managing general underwriter Carbon Underwriting and specialty re/insurer Chaucer. CEO of Carbon Retires for Health Reasons, Succeeded by Co-Founder Ferrier Carbon Underwriting … A summary of these new hires follows here.

Underwriting 158

Underwriting Underwriter Insurance Insured 158

Insurance Journal

NOVEMBER 12, 2024

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 …

Underwriting 246

Underwriting Underwriter Risk Cyber 246

Insurance Journal

JULY 12, 2024

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.

Underwriting 263

Underwriting Underwriter Insurance Broker Broker 263

Insurance Journal

AUGUST 13, 2024

Hiscox, the global specialist insurer, has launched the London insurance market’s first lead underwriting platform enhanced by generative AI, aiming to provide sabotage and terrorism insurance quotes to customers faster and more efficiently than ever before. Initially developed as a …

Underwriting 288

Underwriting Underwriter Insurance Quotes Insurance 288

Insurance Journal

SEPTEMBER 4, 2024

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.

Underwriting 262

Underwriting Underwriter Insurance Broker Broker 262

Insurance Journal

NOVEMBER 4, 2024

American International Group saw third quarter underwriting income in its general insurance segment fall 28% to $437 million due to higher catastrophe losses and lower favorable development on prior year reserves. The insurer’s third quarter net income attributable to common …

Underwriting 246

Underwriting Underwriter Insured Insurer 246

Insurance Journal

SEPTEMBER 3, 2024

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 …

Underwriting 290

Underwriting Underwriter Agents Broker-Agent 290

Insurance Journal

FEBRUARY 21, 2025

property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection. P/C insurers posted an underwriting loss … A report from industry rating agency AM Best this week said U.S.

Underwriting 277

Underwriting Underwriter Risk Insurance 277

Insurance Journal

FEBRUARY 14, 2025

the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex Group Ltd., Convex said it has worked with its advisers Gallagher Re and Asta, which …

Underwriting 186

Underwriting Underwriter Insured Insurer 186

Insurance Journal

AUGUST 18, 2024

P/C insurance industry overall in 2024, signifying a return to underwriting profitability for the first time since 2021. By Susanne Sclafane S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. According to the analysis, private …

Underwriting 246

Underwriting Underwriter Insurance Industry Insured 246

Insurance Journal

AUGUST 1, 2024

Geo Underwriting, the managing general agency and subsidiary of Ardonagh Advisory, announced it will acquire Navigators & General (N&G) from Zurich UK. Financial details of the deal were not disclosed. Founded in 1921 by Captain William Coombs, a merchant navy …

Underwriting 264

Underwriting Underwriter Insurance Insured 264

Insurance Journal

JULY 24, 2024

Encova Insurance, headquartered in Columbus, Ohio, named Michelle Shaver as senior vice president, small business, commercial lines, and Carrie Lowe as vice president, package lines underwriting. Shaver most recently was a small business leader for Chubb Insurance. She also previously …

Underwriting 263

Underwriting Underwriter Commercial Insured 263

Insurance Journal

NOVEMBER 11, 2024

In today’s fast-paced insurance market, underwriters and wholesalers face increasing pressure to streamline operations, reduce manual processes, and enhance efficiency across multiple lines of business (LOBs). This post is part of a series sponsored by Selectsys. Whether it’s General Liability, …

Underwriting 246

Underwriting Underwriter General Liability Liability 246

Insurance Journal

SEPTEMBER 15, 2024

In the fast-paced world of insurance, efficiency, accuracy, and speed are vital to success. For MGAs and wholesaler underwriters, the traditional challenges of navigating multiple carrier websites, re-entering data, and … This post is part of a series sponsored by Selectsys.

Underwriting 246

Underwriting Underwriter Insurance Insured 246

Insurance Journal

SEPTEMBER 4, 2024

As litigation and regulation increase around per- and polyfluoroalkyl substances (PFAS), insurance underwriting is tightening across lines. Insurance professionals who specialize in PFAS say insurers are mandating coverage exclusions and, in some cases, declining to write liability policies at all …

Underwriting 263

Underwriting Underwriter Liability Policy 263

Insurance Journal

OCTOBER 3, 2024

Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has completed the acquisition of certain assets of the European managing general agent, Geo Underwriting Europe BV (Geo Europe), part of The Ardonagh Group. The deal was completed on Oct.

Underwriting 261

Underwriting Underwriter Agents Insurance 261

Insurance Journal

AUGUST 16, 2024

Skyward Specialty Insurance Group, Inc., headquartered in Houston, named four new regional vice presidents and two new underwriters. Skyward Specialty named Gregg Callahan regional vice president in its northeast region in New England. Callahan spent the last 27 years at …

Underwriting 278

Underwriting Underwriter Insurance Insured 278

Insurance Journal

SEPTEMBER 15, 2024

property/casualty insurance industry recorded a net underwriting gain of $3.7 billion and net income of $94.6 billion for the first-half of 2024, according to a new report. “After years of consistent losses, premium growth is helping the overall …

Insurance Industry 240

Insurance Industry Underwriting Underwriter Casualty Insurance 240

Insurance Journal

JANUARY 7, 2025

Core Specialty Insurance Holdings Inc. and its subsidiaries have agreed to purchase London Aviation Underwriters Inc. LAU), in a stock and cash transaction. Financial details of the deal, which is expected to close early in 2025, were not disclosed. Upon …

Underwriting 246

Underwriting Underwriter Insurance Insured 246

Insurance Journal

DECEMBER 17, 2024

This edition of International People Moves details appointments at Arch Insurance and Chubb Overseas General. Arch Insurance Taps Symenouh From Tokio Marine as Senior Cyber Underwriter Arch Insurance has appointed Ezechiel Symenouh … A summary of these new hires follows here.

Cyber 262

Cyber Underwriting Underwriter Marine 262

Insurance Journal

SEPTEMBER 22, 2024

In the fast-paced world of insurance, efficiency and accuracy are paramount. For MGAs, wholesalers, and carriers, managing the complexities of underwriting, quoting, and data extraction can be overwhelming, especially when … This post is part of a series sponsored by Selectsys.

Underwriting 244

Underwriting Underwriter Insured Insurer 244

Insurance Journal

DECEMBER 29, 2024

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. Amelia Underwriters, a wholesale and surplus lines broker based in Fernandina Beach, …

Underwriting 264

Underwriting Underwriter Broker Insurance Companies 264

Insurance Journal

SEPTEMBER 16, 2024

A turnaround in the personal lines insurance segment results was a key driver of an overall $3.8 billion profit from underwriting for the U.S. property/casualty insurance industry, according to a new report from AM Best. Best’s Special Report, titled, “First …

Underwriting 263

Underwriting Underwriter Casualty Insurance Insurance Industry 263

Insurance Journal

SEPTEMBER 4, 2024

CRC Group, a wholesale specialty insurance distributor with headquarters in Birmingham, Alabama, has added new faces to its team in the Southeast. Sam Rector joined the Nashville office as underwriting team leader. He has spent almost 10 years in the …

Underwriting 264

Underwriting Underwriter Insurance Insured 264

Insurance Journal

SEPTEMBER 19, 2024

With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five years, it’s not surprising that nearly 7 in 10 actuaries and underwriters are worried about being replaced by artificial intelligence, …

Underwriting 276

Underwriting Underwriter Insurance Companies Insurance 276

Insurance Journal

OCTOBER 21, 2024

Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and introduce a significantly broader risk …

Cyber 264

Cyber Underwriting Underwriter Risk 264

Insurance Journal

MAY 1, 2025

First quarter underwriting income in AIG’s General Insurance segmentNorth America commercial, International commercial, and global personaldropped … American International Group (AIG) reported first quarter net income attributable to shareholders of $698 million, down 41.5% from the same period a year ago.

Underwriting 264

Underwriting Underwriter Commercial Insurance 264

Insurance Journal

AUGUST 7, 2024

In the insurance industry, managing general agents (MGAs), managing general underwriters (MGUs), and program administrators (PAs) fill a critical role in facilitating the distribution and administration of specialized insurance products. This post is part of a series sponsored by Dyad.

Underwriting 245

Underwriting Underwriter Agents Insurance Industry 245

Insurance Journal

JANUARY 7, 2025

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 …

Underwriting 244

Underwriting Underwriter Risk Broker-Agent 244