Ryan Specialty Insurance has acquired US Assure, a significant player in construction and property insurance. This acquisition aims to enhance Ryan Specialty’s offerings and expand its footprint in the specialty insurance market.
Tag: specialty insurance
Amwins Purchases Wholesale Business from BRP Group, Inc.
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.
Amwins Hires New Underwriter for TUMI
Amwins, a global distributor of specialty insurance products and services, today announced it has hired Tisha L. Baptist to join Trinity Underwriting Managers (TUMI).
Westfield Expands into International Specialty Insurance Business
Successfully executing on its Specialty Insurance expansion strategy, Westfield today announced its entrance into the international specialty market via the purchase of Lloyd’s of London Syndicate 1200 from Argo Group International Holdings, Ltd. As a leading property and casualty (P&C) insurance company in the United States, this acquisition accelerates Westfield Specialty’sSM rapid growth after a… Continue reading Westfield Expands into International Specialty Insurance Business
Ryan Specialty and Nationwide Build Upon Joint Venture Relationship
Ryan Specialty is pleased to announce a new strategic arrangement with US-based Nationwide to support innovation and address needs in the specialty insurance marketplace. The companies remain parties to a joint venture first entered into in May 2019 that established Bermuda-based reinsurer, Geneva Re Ltd. Expanding on their strong relationship, this new strategic arrangement provides… Continue reading Ryan Specialty and Nationwide Build Upon Joint Venture Relationship
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
Baig and McNatt Appointed Presidents of Amwins Brokerage
Amwins, a global distributor of specialty insurance products and services, today announced the appointments of Sam Baig and Jeff McNatt as presidents of Amwins Brokerage, effective immediately. James Drinkwater, who has served as president of the Brokerage division since 2008 and was also named president of Amwins Group in 2018, will directly focus on his… Continue reading Baig and McNatt Appointed Presidents of Amwins Brokerage
K2 Renews US Cat Facilities for 2021
Specialty insurance and reinsurance underwriting platform K2 International (K2) has announced that Head underwriter David Carson’s team has renewed all three of its US Cat facilities for 2021 with existing carriers. Carriers include Peak Re, Taiping Re and Cathay Century Insurance. This will be the eighth year of underwriting on behalf of K2 CAT’s principal… Continue reading K2 Renews US Cat Facilities for 2021
Lloyd’s Targets $15B of New Business, 13% Growth in 2021: CEO Neal
The specialist Lloyd’s of London insurance and reinsurance marketplace expects to approve business plans that will enable the market to write roughly $15 billion of new business in 2021, according to Chief Executive Officer (CEO), John Neal. In the latest of Aon’s series of fireside chats with industry experts and leaders, Global Chairman of the… Continue reading Lloyd’s Targets $15B of New Business, 13% Growth in 2021: CEO Neal
PAK Programs Adds iRAD, Insurance Risk Assessment Drone Service for Breweries
PAK Programs, a specialty insurer of alcoholic beverage manufacturers and distributors, is expanding their Insurance Risk Assessment Drone (iRAD) program, previously only available for wineries, to serve the craft beer industry. iRAD will provide breweries with precise and efficient property inspections to support loss control services. With iRAD, Pak Programs can provide a bird’s eye… Continue reading PAK Programs Adds iRAD, Insurance Risk Assessment Drone Service for Breweries