Orion180, a premier provider of insurance solutions launched in 2018, has named four leaders to key positions within the organization.
Tag: surplus lines
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.
W. R. Berkley Corporation Forms E&S Business to Serve Middle-Market, Large Accounts
W. R. Berkley Corporation announced the formation of Berkley E&S Solutions.
Expanding Opportunities Bolster U.S. Surplus Lines’ Growth and Operating Results: AM Best
The U.S. surplus lines market experienced double-digit premium growth for a second straight year in 2019, driven by hardening market conditions and the growing complexity of risks sparked by new technologies in different industries, according to a new AM Best report. The Best’s Market Segment Report, “Expanding Opportunities Bolster Surplus Lines Growth and Operating Results,”… Continue reading Expanding Opportunities Bolster U.S. Surplus Lines’ Growth and Operating Results: AM Best
Convex Authorized to Write Excess and Surplus Lines in U.S.
Convex Group, the international specialty re/insurer set up by Stephan Catlin, is set to begin writing US excess and surplus lines across the United States. This follows the addition of Convex’s UK insurance company to the National Association of Insurance Commissioners’ (NAIC) Quarterly Listing of Alien Insurers, with effect from October 1. Convex’s UK entity… Continue reading Convex Authorized to Write Excess and Surplus Lines in U.S.
Monarch E&S Insurance Services Expands Geographic Reach & Announces Brand Refresh
Monarch E&S Insurance Services (Monarch), a division of SPG Insurance Solutions, a leading, full service MGA and wholesale broker today announced a refresh of its core brand. To highlight the evolution of Monarch, the rebrand elevates the focus on the company’s growing geographic reach while preserving their core values. The brand refresh coincides with Monarch’s… Continue reading Monarch E&S Insurance Services Expands Geographic Reach & Announces Brand Refresh
Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability
The surplus lines market nearly doubled its pace of premium growth in 2018, driven by a healthy U.S. economy and new investments in operating platforms, according to a new AM Best report. The Best’s Market Segment Report, “Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability,” notes that this specialty insurance segment grew 11.2% last… Continue reading Surplus Lines Insurers Achieve Impressive Growth, Improve Operating Profitability
Lloyd’s of London Appoints Former QBE Boss John Neal as CEO
Lloyd’s of London said on Friday it had appointed John Neal as its chief executive officer and he would take up his position on Oct. 15. Neal, who was most recently the chief executive at Australia-based QBE Insurance Group, will take over from the commercial insurance market’s first female CEO, Inga Beale.