Insurance Journal

JUNE 19, 2025

The cost of insurance for ships sailing in the Persian Gulf jumped as attacks between Iran and Israel raised risks for vessels in the area. Underwriters are now charging 0.2% of the value of a ship for calls into the …

Underwriting

Insurance Journal

MAY 2, 2025

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. Global specialty insurance broker Ryan Specialty has completed the acquisition of USQRisk Holdings, LLC. The …

Insurance Broker

Insurance Journal

APRIL 15, 2025

United Risk, a subsidiary of Applied Underwriters, announced it has formed a multi-line reinsurance managing general agent. Jay Cahill, previously United Risk’s chief financial officer, has been named chief executive officer of the new MGA. He will be succeeded as …

Risk

Insurance Journal

JUNE 20, 2025

Howden Acquires Chilean Retail Insurance Broker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail insurance broker headquartered in Santiago, Chile. Following completion of the acquisition, Felipe Ureta …

Broker

Insurance Journal

JUNE 12, 2025

New underwriting talent brings decades of expertise and strong broker relationships to support Alta’s continued growth in the excess space. OVERLAND PARK, KS (June 12, 2025) – Alta Risk today announced the addition of two seasoned excess casualty underwriters, Robert …

Risk

Triple-I: Homeowners Insurance

MAY 19, 2025

Wildfire risk is strongly conditioned by geographic considerations that vary widely among and within states. California accounted for the largest number of homes at risk for extreme wildfires. This underscores the importance of granular data gathering and scrupulous analysis when underwriting and pricing insurance.

Risk

Insurance Journal

JULY 16, 2025

Coface, the Paris-based trade credit risk management specialist, announced it has received an “in principle approval” from Lloyd’s to launch a short-term trade credit syndicate.

Underwriting

Insurance Journal

JUNE 18, 2025

Descartes Underwriting, the Paris-based parametric insurer for climate and emerging risks, announced a strategic investment by Battery Ventures, a technology-focused investment firm. Financial details of the investment were not disclosed. The transaction enables Battery to join the company’s shareholder base …

Underwriting

Insurance Journal

JULY 6, 2025

A New York specialty insurance managing underwriter for contractors and construction risks has sued a New York City personal injury law firm and dozens of medical providers, alleging a wide-ranging scheme to defraud insurers through staged construction accidents and fraudulent …

Injury

Zywave

FEBRUARY 10, 2025

In the rapidly evolving world of digital insurance, underwriting can feel like a juggling actespecially when risk data is spread across multiple eTrade platforms, broker portals, and digital partners. How bi-directional integration can help align your underwriting process with those in eTrade and broker applications.

Underwriting

Cowbell

JUNE 30, 2025

Our technology ensures a seamless path forward for underwriters, agents, and insureds alike. As our user community nears 100,000 globally, we’re deepening our reach into the resilient SME risk pool across North America, Europe, and Asia Pacific. Today, the method of submission—API or email—is no longer a limitation.

Cyber

Majesco

MARCH 13, 2025

Competing in todays marketplace requires a holistic view of advancement, including a complete grasp of internal and external risks. Most importantly, it requires rethinking your software partner and the risk involved in your partnership. Traditional thinking will not keep pace with market, customer, risk, and technology changes.

Risk

Majesco

FEBRUARY 13, 2025

Climate risk is growing, and a greater number of Cat events are threatening people and their property. At this moment, with 150,000 people displaced and property insurers scrambling to help customers, it’s clear that everyone in the industry needs to pull together to create new solutions to new levels of risk. What does it mean?

Risk

Scott Insurance

FEBRUARY 19, 2025

However, affordable housing developers focused on rehabilitating, or rehabbing, older properties face many challenges beyond the risks associated with new construction. During occupied rehabs, the proximity of residents presents an added risk exposure not found in new construction projects.

Underwriting

Top Insurance Blogs

JUNE 11, 2025

United Risk, a global leader in property and casualty insurance underwriting and distribution, has announced the promotion of Hayden Smith to Regional CEO. He […] The post Hayden Smith Named Regional CEO of United Risk to Lead Expansion appeared first on My Top Insurance Blogs.

Risk

Distinguished

JULY 7, 2025

Q: What are the ineligible risk characteristics? Q: Will you consider a risk where food is cooked at one location and sold at another? More details would be required to underwrite. A: Yes, subject to individual risk underwriting. More robust catering exposures are considered in our Restaurant Package program.

Policy

Distinguished

MARCH 20, 2025

Additionally, defects in windows, doors, handrails, and stairs not only contribute to drafts and security concerns but also increase the risk of falls. Blocked emergency exits or fire escapes and electrical hazards, including exposed wiring or overloaded circuits, further compound these risks.

Broker

Majesco

MAY 8, 2025

While humankind is not being challenged by machines, we are challenged with the changing risk, in particular climate risk. NAMIC, Moodys, The Institutes, insurers, reinsurers and other industry leaders are all talking about a new era of risk and the need to predict and prevent risk, creating risk resiliency.

Risk

Zywave

FEBRUARY 25, 2025

Theres no doubt that greater transparency in risk profiling helps consumers understand insurance better. In the same way, businesses can be shown the data about their cyber risk and the loss that would follow based on real world cases. But sorting through enormous amounts of data is time-consuming and error prone.

Insurance

Triple-I: Homeowners Insurance

MAY 13, 2025

Insurers underwrite and price coverage based on the risks theyre assuming, and rising premiums in these states have pushed more homeowners into residual market mechanisms, such as state-backed insurance pools or agencies. Every property being assessed for wildfire risk is unique, the report says.

Risk

Insurance Journal

MARCH 11, 2025

Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized enterprises (SME) in Germany and Austria. LSM …

Crime

Distinguished

MAY 6, 2025

For brokers, understanding inland marine insurance isnt just beneficial; its a strategic advantage for serving clients with unique risks. Brokers who understand these risks can proactively offer coverage that keeps businesses moving forward. Geographic scope: Local, interstate, or nationwide operations impact risk exposure.

Inland Marine Insurance

ProWriters

MAY 20, 2025

On the other hand, its becoming a powerful tool for insurers, helping to assess risk, detect fraud, and streamline claims. The question is: How do you price risk when attacks are becoming faster, smarter, and more unpredictable? More scrutiny on claims, as regulators push for clearer definitions of cyber risk coverage.

Cyber

Zywave

MAY 15, 2025

Digital platforms and APIs can integrate insurance into purchases across multiple industries, while advanced data analytics and AI allow for real-time risk assessment and personalized offerings, creating more relevant and frictionless customer experiences. Brokers enjoy similar customer access benefits, at a lower cost.

Broker

Zywave

JUNE 10, 2025

Read more > Rating & Underwriting Risk Back Rating & Underwriting Risk ClarionDoor A Modern API-Driven Rating Administration Platform Featured Story Zywave’s Digital Distribution Suite – ClarionDoor has been recognized as a Luminary in the Celent Report for Insurer Stand-Alone Rating Engines – Global Edition.

Cyber

Distinguished

MARCH 20, 2025

And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options. Without the right coverage, property owners could be exposed to significant financial and legal risks.

Building

Distinguished

MAY 19, 2025

Restaurant owners face a complex set of risks that can disrupt operations and threaten profitability. Why Restaurant Need a Business Owners Policy Restaurants are fast-paced, high-risk environments that face frequent challenges from customer injuries and equipment breakdowns to power outages and spoiled inventory.

Policy

Distinguished

MARCH 6, 2025

In Los Angeles, housing code violations present challenges that affect property safety, compliance, and insurance underwriting. Insurers view these violations as signs of deferred maintenance and increased risk. She oversees the programs strategic planning, product management, and underwriting profitability.

Building

PSM Brokerage

FEBRUARY 27, 2025

The Birthday Rule is gaining traction across the country, allowing Medicare Supplement policyholders to switch plans without medical underwriting around their birthday each year. Reduced underwriting can lead to higher premiums , increased policy lapses, and fewer carriers remaining in the market. in 2024 vs. 13.0% in 2024 vs. 13.0%

Underwriting

Agency Height

JULY 23, 2025

Agency Height July 23, 2025 Agent Resources For Agents Key Takeaways Tax insurance for M&A and internal transactions protects businesses from unforeseen tax liabilities, penalties, and post-closing risks. The cost typically ranges from 2% to 5% of the coverage limit, with underwriting usually completed within 10–14 days.

Protection

Cowbell

JULY 10, 2025

Our very own Emma Werth, VP of Underwriting & Reinsurance, delivered an insightful presentation on Cyber Liability Insurance, highlighting why cyber insurance is essential as the market evolves to meet today’s rapidly changing risks.

Cyber

Distinguished

APRIL 9, 2025

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Many traditional carriers want to enter these markets but lack the time or resources to build an in-house underwriting team. For instance, if a client walks into a typical brokerage in the U.S.,

Agents

Cowbell

APRIL 16, 2025

Cowbell MDR SOC-as-a-Service actively works to reduce your risk and mitigate incidents before they cause damageoften lowering your insurance exposure and premium over time. Deep Insurance & Security Expertise : Cowbell understands both cyber risk and insurance, providing a unique perspective on how to defend and protect your business.

Cyber

Agency Height

JULY 31, 2025

Agency Height July 31, 2025 For Insureds Key Takeaways Insurance premiums are based on shared risk, not just your individual home. Welcome to the complicated world of risk-based insurance pricing in the U.S. Here’s the straight truth: insurance is not just about your home; it’s about the risk profile of your entire area.

Premium

TGS

FEBRUARY 28, 2025

Insurance companies rely on these reports to assess risk when underwriting a new policy. If a home has a history of frequent claims, insurers may see it as high-risk, which can lead to higher premiumsor even difficulty securing coverage. For Homebuyers : Knowing a homes claim history can uncover hidden risks.

Claim

Distinguished

MARCH 19, 2025

Mold & Water Damage are also major concerns; leaks or excessive moisture can lead to mold growth that poses health risks. Additionally, Electrical Hazards like exposed wiring or unpermitted electrical workpose serious safety risks. Insurers view these violations as signs of deferred maintenance and increased risk.

Building

Top Insurance Blogs

JUNE 20, 2025

Avid Insurance has announced a significant new underwriting agreement with Starr, the global insurance and investment group. This strategic collaboration will boost Avid’s underwriting capacity in commercial liability.

Liability