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Bishop Street Underwriters Acquires Michigan’s Conifer

Insurance Journal

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, …

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People Moves: Ryan Specialty Underwriting Managers Appoints Leadership Team Members

Insurance Journal

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

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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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AM Best: Migration to Cat-Prone States Fuels Record HO Underwriting Losses in 2023

Insurance Journal

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. homeowners insurance segment suffered a $15.2

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Alera Group Acquires Louisiana’s Insurance Underwriters Ltd.

Insurance Journal

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. IUL provides customizable insurance solutions designed to keep businesses competitive and …

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Revolutionize Your Underwriting Process with Underwriter Link: The Ultimate Tool for MGAs and Wholesalers

Insurance Journal

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. In the fast-paced world of insurance, efficiency, accuracy, and speed are vital to success.

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Ryan Specialty Completes Purchase of Certain Assets of Geo Underwriting Europe

Insurance Journal

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.