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 Insurer 277

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 211

Insurance Broker Underwriting Underwriter Broker 211

Insurance Journal

OCTOBER 4, 2024

Ryan Specialty, headquartered in Chicago, named new leadership within its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM). Quinn joined RSUM through the acquisition of All Risks … Eric Quinn was promoted to executive vice president – capital and product strategy.

Underwriting 264

Underwriting Underwriter Risk 264

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 Insurer 264

Insurance Journal

DECEMBER 13, 2024

Ryan Specialty, Chicago-based specialty insurance services firm, announced that Paradiso Risks is joining Alive Risk, Ryan Specialty’s sports, leisure and entertainment managing general underwriter. London-based Paradiso became part of Ryan after its acquisition of Castel Underwriting Agencies in May 2024.

Risk 246

Risk Underwriting Underwriter Insurer 246

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 13, 2025

Pen Underwriting, the London-based managing general agent, has invested in a new cyber protection platform called “Pen Protect,” which aims to equip all its cyber policyholders around the world with an exclusive, enhanced, integrated suite of risk management tools and …

Cyber 264

Cyber Risk Underwriting Underwriter 264

Insurance Journal

OCTOBER 22, 2024

Unison Risk Advisors (URA) reports that Avondale Insurance Associates has joined the firm and is the first company to join URA’s non-retail division. Established in 2006, Avondale Insurance Associates is an excess and surplus lines underwriting management company across all …

Risk 278

Risk Underwriting Underwriter Insurer 278

Insurance Journal

OCTOBER 3, 2024

During a recent market briefing, Rachel Turk, Lloyd’s chief underwriting officer, … While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified.

Underwriting 311

Underwriting Underwriter Risk Agents 311

Insurance Journal

AUGUST 21, 2024

has been sold to Emerald Bay Risk Solutions, an underwriter and fronting carrier that was launched earlier this year. One year after it was approved for the Florida market, Mainsail Insurance Co. The move will help expand business in the …

Risk 264

Risk Underwriting Underwriter Insurer 264

Insurance Journal

NOVEMBER 5, 2024

Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds. With underwriting handled in-house …

Liability 246

Liability Risk Underwriting Underwriter 246

Insurance Journal

AUGUST 1, 2024

JM Wilson, headquartered in Portage, Michigan, added new members to its transportation underwriting team. Olga Jaquet was promoted to senior transportation underwriter, responsible for underwriting new and renewal commercial transportation risks and working with carrier underwriters and independent insurance agents …

Underwriting 203

Underwriting Underwriter Insurance Agent Insurance Agents 203

Insurance Journal

OCTOBER 3, 2024

Starwind Specialty Insurance Services, headquartered in New York City, named Kirk Conrad as chief underwriting officer. Conrad, based in Dallas, has over two decades of experience across multiple industry sectors, spanning roles in commercial and personal lines, risk management and …

Underwriting 214

Underwriting Underwriter Commercial Risk 214

Insurance Journal

JANUARY 29, 2025

Ignite Specialty Risk Names Patel as US Head of Intellectual Property Underwriting Ignite Specialty Risk, headquartered in London, appointed Ankit Patel as U.S. head of intellectual property (IP) underwriting. With more than a decade of experience, Patel specializes in contingent …

Underwriting 211

Underwriting Underwriter Risk 211

Insurance Journal

MARCH 3, 2025

Novatae Risk Group, headquartered in Dallas, named Nick Greggains as president. Greggains is a member of the executive leadership team focusing on improving underwriting discipline, developing and implementing growth strategies, managing relationships with key clients and overseeing operational excellence. Greggains …

Risk 218

Risk Underwriting Underwriter 218

Insurance Journal

APRIL 21, 2025

Applied Underwriters has spun-off United Risk as an independent, stand-alone operating company. United Risk, which was announced in November 2023, is a global property/casualty underwriting platform comprised of 28 different managing general agent (MGA) and underwriter (MGU) specialized insurance programs.

Risk 173

Risk Underwriting Underwriter Agents 173

Insurance Journal

SEPTEMBER 12, 2024

JM Wilson, headquartered in Portage, Michigan, hired Savana Musolf and Lisa Hudson as assistant property and casualty underwriters. Musolf works with independent insurance agents and company underwriters in Michigan and Texas. Before joining JM Wilson, Musolf worked for over two …

Underwriting 198

Underwriting Underwriter Insurance Agent Insurance Agents 198

Insurance Journal

OCTOBER 17, 2024

LM Re Taps Vantage Risk’s Sweeney as Specialty Casualty Underwriting Manager Liberty Mutual Reinsurance (LM Re), part of … This edition of International People Moves details appointments at Liberty Mutual Reinsurance and Marsh. A summary of these new hires follows here.

Underwriting 203

Underwriting Underwriter Risk Insurer 203

Insurance Journal

DECEMBER 8, 2024

December 9, 2024 Etesian Underwriters, an expert financial institutions underwriting shop, today announced the launch of its program for middle market and smaller sized financial institution insureds. SCOTTSDALE, Ariz., Focused on a robust list of investment services and related …

Underwriting 130

Underwriting Underwriter Risk Insurer 130

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 147

Crime Underwriting Underwriter Risk 147

Insurance Journal

JULY 25, 2024

ZestyAI, a provider of climate and property risk analytics solutions powered by artificial intelligence (AI), announced it has received approval for use in rating and underwriting from the Texas Department of Insurance for its complete suite of Severe Convective Storm …

Underwriting 297

Underwriting Underwriter Risk Insurer 297

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 59

Risk Underwriter Underwriting Insurance Industry 59

Insurance Journal

SEPTEMBER 24, 2024

SureChoice Underwriters Reciprocal Exchange in partnership with SageSure launched a non-admitted business owners policy in California. The program will service more than 400 business classes across eight industries, including restaurants, offices, wholesale, habitational, lessor risks, retail, service, and artisan contractors.

Business Owners Policy 264

Business Owners Policy Policy Underwriting Underwriter 264

Insurance Journal

JANUARY 2, 2025

The entity will now function as a newly formed managing general agent and includes the residential earthquake risk underwriting franchise. SageSure closed the acquisition of GeoVera Advantage Insurance Services LLC in Fairfield, California. As part of the transaction, SageSure has …

Underwriting 278

Underwriting Underwriter Agents Insured 278

Insurance Journal

SEPTEMBER 24, 2024

In the ever-evolving insurance industry, data analysis has become a cornerstone of the underwriting process. By leveraging data, underwriters can make more informed decisions, assess risks more accurately, and improve … This post is part of a series sponsored by Selectsys.

Underwriting 130

Underwriting Underwriter Insurance Industry Risk 130

Insurance Journal

NOVEMBER 14, 2024

Underwriting carrier Emerald Bay Risk Solutions announced a partnership with Vanderbilt Properties Associates, Inc., a risk purchasing group comprising a large portfolio of high-end residential and commercial real estate properties as its members, to launch its inaugural casualty program. The …

Underwriting 245

Underwriting Underwriter Commercial Risk 245

Insurance Journal

OCTOBER 4, 2024

Africa Specialty Risks (ASR), the pan-African and Middle East-focused reinsurance group, announced that has begun operating as a Lloyd’s service company. As a Lloyd’s service company, ASR’s UK based entity, Africa Specialty Risks Ltd. is underwriting on behalf … ASR Ltd.),

Risk 147

Risk Underwriting Underwriter 147

Insurance Journal

JULY 24, 2024

This follows the formation in September 2023 of Stability Risk, an MGA created to allow Connect Underwriting Ltd. (a The Connect Group announced the launch of a London-based specialty reinsurer, Stability Re. a specialist reinsurance MGA) to focus on its core …

Underwriting 252

Underwriting Underwriter Risk 252

Insurance Journal

OCTOBER 9, 2024

Munich Re Specialty announced it is entering the Spanish commercial market for primary specialty insurance, with an aim to begin underwriting in 2025. It has set up a Spanish branch of Munich Re Risk Solutions Ireland Ltd., which holds regulatory …

Underwriting 261

Underwriting Underwriter Commercial Insurer 261

Insurance Journal

SEPTEMBER 18, 2024

have announced that Lloyd’s has granted “in principle” approval for Awbury Syndicate 2025 to commence underwriting from Jan. Awbury Syndicate 2025 is focused on credit risks and will initially target … The Awbury Group and Polo Managing Agency Ltd.

Underwriting 263

Underwriting Underwriter Risk 263

Insurance Journal

SEPTEMBER 23, 2024

President: Virginia Clancy, TAPCO Underwriters President-elect: Albert Geraci, Risk Placement Services … The Florida Surplus Lines Association, which notes it provides a safety valve for Florida’s property insurance industry, named new officers for 2024-2025 at its recent annual convention in Tampa.

Underwriting 263

Underwriting Underwriter Property Insurance Insurance Industry 263

Insurance Journal

MAY 16, 2025

Lloyd’s has “a laser focus” on the oversight of delegated underwriting authorities to make sure these facilities do not drag down the market in the same way that poor management of managing general agents did in the past, according to …

Underwriting 191

Underwriting Underwriter Risk Agents 191

Insurance Journal

MARCH 9, 2025

property/casualty industry took another underwriting loss in 2024, but results improved thanks to rate increases and changes in risk selection, most notably in the personal lines sector. By Chad Hemenway The U.S. A report from industry rating agency AM Best …

Underwriting 147

Underwriting Underwriter Risk 147

Insurance Journal

OCTOBER 29, 2024

As Cyber and Technology Errors & Omissions (Tech E&O) risks grow, insurers face increasing pressure to provide accurate, fast, and competitive coverage. Underwriters need tools that reduce complexity, integrate easily … This post is part of a series sponsored by Selectsys.

Cyber 130

Cyber Underwriting Underwriter Insurer 130

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 52

Underwriting Underwriter Broker Risk 52

Insurance Journal

DECEMBER 27, 2024

The C&F Credit Division underwrites and manages credit insurance products, including mortgage credit and alternative credit risk solutions, primarily for … Insurer Crum & Forster, a subsidiary of Fairfax Financial Holdings Limited, has sold its C&F Credit Division to Amynta Group.

Underwriting 246

Underwriting Underwriter Risk Insurer 246

Insurance Journal

NOVEMBER 14, 2024

Fidelis Insurance Group, a Bermuda-based global specialty re/insurer, announced a new strategic partnership with Euclid Mortgage Insurance Services LLC, a managing general agency that specializes in underwriting credit risk on portfolios of residential mortgages. Fidelis Insurance Group will provide reinsurance …

Underwriting 245

Underwriting Underwriter Insurer Insurance 245