Amwins Purchases Wholesale Business from BRP Group, Inc.

Generali completes acquisition of Conning

Amwins, a global distributor of specialty insurance products and services, announced it signed a definitive agreement to acquire Connected Risk Solutions, LLC, the wholesale E&S insurance brokerage operated by publicly traded insurance distribution firm BRP Group, Inc.

Origin Specialty Underwriters Announces Executive Transitions and Appointments

Origin Specialty MGA

Origin Specialty Underwriters, a leading national MGA in the restaurant and hospitality space and member company of the Beyond Risk group of companies, announced today the following transitions and appointments in its executive management team:

Liberty Mutual Insurance Announces Changes to its U.S. Dual-Channel Specialty and E&S Distribution Strategy

Liberty Mutual net income Q1

Liberty Mutual Insurance announced changes to its dual-channel distribution strategy for specialty and excess & surplus (E&S) insurance solutions. The changes will improve ease-of-doing-business and better serve retail and wholesale brokers in efforts to meet the changing and increasingly complex and interconnected needs of businesses. Going forward, all US commercial, specialty and E&S products placed… Continue reading Liberty Mutual Insurance Announces Changes to its U.S. Dual-Channel Specialty and E&S Distribution Strategy

Arrowhead Launches E&S Program, Names Murray as President

Arrowhead General Insurance Agency Inc. has launched a new Excess & Surplus Lines program and named Bill Murray as its president. The new E&S program operates as part of the National Programs division of Brown & Brown Inc., and initially will focus on excess casualty risks. “Arrowhead E&S is building a property and underwriting platform… Continue reading Arrowhead Launches E&S Program, Names Murray as President

Growth Momentum in U.S. E&S Market to Continue in 2020: Conning

Best rankings on net premiums

A recent study by Conning’s states that on the back of U.S. excess and surplus (E&S) market growth which commenced in 2018 and gained momentum in 2019, further expansion is expected in the year ahead. According to the new study, the surplus lines market in the U.S. is booming, with E&S premium growth being driven… Continue reading Growth Momentum in U.S. E&S Market to Continue in 2020: Conning

Lloyd’s Returns to Profit for the First Half of 2018

Boost your business concept. Businessman touching buttons with solutions to increase profit and get success

Lloyd’s, the specialist insurance and reinsurance market, today announced a profit of £0.6bn for the first half of 2018 with the publication of its interim report. The market’s return to profit follows the severe catastrophe experience in 2017, with the result supported by an improved combined ratio of 95.5% (June 2017: 96.9%). Lloyd’s also reported… Continue reading Lloyd’s Returns to Profit for the First Half of 2018

FEMA Can Stop Paying to House Puerto Rico Hurricane Victims, Judge Rules

aftermath of hurricane Maria. In the valley shots prior to Maria, the homes were not visible.

Almost a year after Hurricane Maria devastated Puerto Rico, more than 1,000 families who lost their homes remain in hotel rooms paid for by the government. Thursday, a judge’s ruling gave them two more weeks before that assistance runs out, though he conceded they “may well be rendered homeless.” The Federal Emergency Management Agency has… Continue reading FEMA Can Stop Paying to House Puerto Rico Hurricane Victims, Judge Rules

Introducing the New ProgramBusiness.com

As you can see, we have a whole new look for the Daily NewsFlash — and that’s just the beginning! ProgramBusiness.com, after nearly 20 years since its launch as a game changer in connecting the retail and wholesale communities, has released a new brand and digital platform. The new brand features a clean logo reflecting… Continue reading Introducing the New ProgramBusiness.com