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Middle East Tensions Boost Underwriting Risks Across Re/Insurers’ Portfolios: Report

Insurance Journal

Marine, aviation, cyber, and terrorism insurers face immediate underwriting pressures and potential accumulation losses as a result of heightened hostilities between Iran and Israel, according to Morningstar DBRS. In addition, the report said, reinsurance capacity in certain business lines could …

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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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After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

Insurance Journal

After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week. The firm examined 45 …

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Applied Underwriters Starts MGA Platform Innovation Risk

Insurance Journal

Applied Underwriters said it has launched Innovation Risk, a new managing general agent (MGA) platform that will focus on casualty, accident, and life underwriting. The MGA, while firmly rooted in proven, traditional insurance fundamentals, will incorporate the enhanced approaches developed …

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Meet Mike Morse, Director of Small Business Underwriting at Central Insurance

Central Insurance

The post Meet Mike Morse, Director of Small Business Underwriting at Central Insurance appeared first on Central Insurance Blog. Learn how Mike Morse leads Central’s strategy to scale small business with innovative tools and specialized teams.

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Ryan Specialty Completes Buy of Velocity Risk Underwriters

Insurance Journal

Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Tennessee, Velocity is a managing general underwriter (MGU) providing first-party insurance coverage for …

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Meet Ryan Lynch, Construction Underwriter at Central Insurance

Central Insurance

Construction Underwriter Ryan Lynch brings a claims background to underwriting, helping contractors avoid coverage gaps. The post Meet Ryan Lynch, Construction Underwriter at Central Insurance appeared first on Central Insurance Blog.