Noldor, a data analytics platform providing digital access to MGA data across the program business value chain, announces Scott Quiana as its new CEO.
Tag: program business
The Future of Fronting Companies in Property-Casualty Insurance: Part 2
Fronting companies in the property-casualty industry serve as intermediaries, enabling insurance companies to access otherwise inaccessible markets. They serve as a platform for insurance programs, managing policy issuance and claims administration. They often find market distribution sources in the Program Business Storefront Directory.
AM Best: Fifth Straight Year of Double-Digit Growth for the U.S. Surplus Lines Segment in 2022
Total U.S. surplus lines direct premiums written (DPW) marked a double-digit growth rate increase for the fifth consecutive year, climbing by 19.2% to reach a record $98.5 billion in 2022, according to a new AM Best report.
WSIA: Surplus Lines Premium Continues Upward Trend During 1H 2023
Surplus lines premium reached nearly $36 billion, and premium bearing transactions neared 2.9 million through the first six months of 2023, according to the 2023 Midyear Report of the U.S. Surplus Lines Service and Stamping Offices.
Surplus Lines Market: An Overview
The Surplus Lines Market in the U.S. is unique, complex, and dynamic. Unlike the heavily regulated traditional insurance market, the surplus lines market is less regulated and operates under different rules.
Embedded Insurance and Parametric Insurance: How They’re Evolving
Program Business looks at how embedded and parametric insurance is evolving and what this means for insurance carriers and customers.
The State of the Wholesale Market
The wholesale insurance and E&S markets are growing because more customers, competition, and new technologies make business easier.
AXA XL Names Specialty Leader for Niche Business
AXA XL Insurance has promoted Maria Duhart to lead its Specialty Niche insurance business in the Americas. Ms. Duhart steps into the role of Chief Underwriting Officer for Specialty Niche from her previous role as head of AXA XL’s Commercial Bonds business. In her new role, Ms. Duhart reports to Donna Nadeau, Chief Underwriting Officer… Continue reading AXA XL Names Specialty Leader for Niche Business
SPG Acquires the Assets of CM&F Group, Inc.
Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerages and underwriting facilities, announced today they have acquired the assets of CM&F Group (CM&F), a leading digital provider of healthcare liability insurance coverage for individuals and groups. CM&F, formerly Cotterell, Mitchell & Fifer, was founded in 1919 as a property & casualty insurance… Continue reading SPG Acquires the Assets of CM&F Group, Inc.
Insurity Acquires Instec, Accelerating Solutions for the $40 Billion Program Business Market
Insurity, a leading provider of cloud-based software for P&C carriers, brokers, and MGAs today announced that it has completed the acquisition of Instec. Already a proven leader in providing core systems and analytics software to more than 300 P&C carriers, the addition of Instec to the Insurity family enables Insurity to further increase in-depth ISO-support… Continue reading Insurity Acquires Instec, Accelerating Solutions for the $40 Billion Program Business Market