Captive insurance is offered by a corporation that owns the risk it insures. It protects against perils that traditional insurers find too small or too risky to handle. The captive insurance industry is growing globally. In 2017, about $1 trillion worth of captive insurance contracts were outstanding worldwide. By 2025, the global captive market is… Continue reading The Captive Market: Exploring the Options
Tag: Tangram Insurance Services
Tangram Insurance Services Acquires New Empire Entertainment Insurance
Tangram Insurance Services, Inc., one of the largest independent managing general underwriters and program managers in the United States, acquired Los Angeles-based New Empire Entertainment Insurance effective August 1, 2022. New Empire is a leading insurance agency specializing in the entertainment industry. Since 2008, the New Empire team has helped thousands of production companies and… Continue reading Tangram Insurance Services Acquires New Empire Entertainment Insurance
Tangram and altumAI Launch New Tech-Enabled MGA with Smarter Risk Prevention and Better Loss Control
altumAI, a leading worker health and safety software and analytics firm and Tangram Insurance Services (Tangram), Managing General Underwriter and Program Manager announced today that they are establishing a premier Program Manager (MGA): “futureWork Insurance Solutions” (futureWork). Integrating the altumAI technology with Tangram’s insurance program expertise to create an insurance outcome that improves the insured’s… Continue reading Tangram and altumAI Launch New Tech-Enabled MGA with Smarter Risk Prevention and Better Loss Control
Tangram and Markel Partner to Provide Excess Liability Capacity for Propane & Fuel Risks
MGA Tangram Insurance Services, Inc. and Markel Corporation on behalf of its affiliated insurance companies announces the launch of a program to provide excess liability above Tangram’s current program in propane and fuel distribution niche. Tangram’s program provides comprehensive insurance solutions for dealers and distributors of fuel oil, propane, diesel and gasoline. The additional excess… Continue reading Tangram and Markel Partner to Provide Excess Liability Capacity for Propane & Fuel Risks
Tangram Insurance Services Acquires Pa-based MGA GMG Underwriters
Managing General Underwriter and Program Manager Tangram Insurance Services recently announced its acquisition of GMG Underwriters (GMGU). The firm has purchased the assets of Pennsylvania-based GMGU, an MGA based in Langhorne, effective May 1, 2019. Matt Smerkanich, former owner and President of GMGU, joins as Managing Director, and will continue to oversee the day-to-day operations… Continue reading Tangram Insurance Services Acquires Pa-based MGA GMG Underwriters
Tangram Insurance Services Featured in ‘Top Insurance Workplaces’ Report
Tangram Insurance Services, Inc. (“Tangram”), a Managing General Agency, announced today that it has been named an Insurance Business America Top Insurance Workplace in 2018. Employees from organizations large and small across the industry shared what they love and dislike about their workplaces – everything from benefits and resources to management and leadership. From the… Continue reading Tangram Insurance Services Featured in ‘Top Insurance Workplaces’ Report