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Industry recognises excellence at the inaugural E&S Insurer Awards

News

E&S

Industry recognises excellence at the inaugural E&S Insurer Awards

Executives from across the E&S market descended on Gotham Hall in midtown Manhattan on Wednesday evening for the first ever E&S Insurer Awards.

Thu 23 Mar 2023

Ryan calls on industry to hire younger and more diverse candidates

News

E&S

Ryan calls on industry to hire younger and more diverse candidates

E&S Insurer Lifetime Achievement Award winner Pat Ryan has urged the industry to recruit a younger and more diverse workforce to help fill its ranks.

Thu 23 Mar 2023

E&S property panel: Rate increases expected to accelerate through June

News

Property catastrophe

E&S property panel: Rate increases expected to accelerate through June

E&S property price increases are likely to accelerate through at least mid-year while the sector is still struggling with heavy submission flow, with the challenge in getting responses from underwriters as well as the impact of MGAs adding further friction to the process, panellists at the E&S Insurer Conference said.

Thu 23 Mar 2023

Flandro: Finding new capacity in E&S key to addressing property cat crunch

BREAKING NEWS

E&S

Flandro: Finding new capacity in E&S key to addressing property cat crunch

Howden Tiger’s David Flandro has highlighted the need for MGAs to find capacity where others cannot to enable the E&S market to play its role as the home of creativity for hard-to-place risks and address a property cat crunch that has been driven by the most challenging reinsurance market of his career.

Wed 22 Mar 2023

GuideOne’s head of programs, E&S Cullen the latest to exit beleaguered insurer

EXCLUSIVE

People Moves

GuideOne’s head of programs, E&S Cullen the latest to exit beleaguered insurer

GuideOne’s head of programs and E&S Rick Cullen is the latest executive to leave the Iowa-based mutual company - along with the firm’s head of financial planning and analysis Andy Damrow - as the run of departures from the carrier’s specialty business continues, The Insurer can reveal.

Wed 22 Mar 2023

Argo’s E&S head Duncan exits to join Travelers’ Northfield operation

EXCLUSIVE

E&S

Argo’s E&S head Duncan exits to join Travelers’ Northfield operation

Argo’s head of excess and surplus lines Marsh Duncan is leaving to join the E&S operations of Travelers - Northfield Insurance Company - arriving as president of the firm and filling a role vacated by Eric Blecker last September, The Insurer can reveal.

Wed 22 Mar 2023

Sanders: Markel will walk away from inadequately priced business

News

Rates

Sanders: Markel will walk away from inadequately priced business

As pricing and terms and conditions start to soften in certain E&S professional liability and casualty lines, Markel’s Bryan Sanders has said it is imperative rates remain ahead of loss costs with the executive warning the carrier will walk away from business that does not meet its expectations.

Wed 22 Mar 2023

RT Specialty’s Tim Turner: E&S market change secular not cyclical

News

E&S

RT Specialty’s Tim Turner: E&S market change secular not cyclical

Speaking at the inaugural E&S Insurer Conference, RT Specialty chairman and CEO Tim Turner has hailed a “golden age” for excess and surplus lines, and suggested the rapid change in the $100bn+ sector is more structural and secular than cyclical.

Wed 22 Mar 2023

RSG’s WKFC promotes Singhvi to president and Bauer to COO

News

People Moves

RSG’s WKFC promotes Singhvi to president and Bauer to COO

Ryan Specialty Group’s wholesale-only MGU platform WKFC Underwriting Managers has promoted Ravi Singhvi to president and Joan Bauer to chief operating officer.

Tue 21 Mar 2023

Joyn adds Duperreault to board of directors following Hackbarth appointment

Exclusive

People Moves

Joyn adds Duperreault to board of directors following Hackbarth appointment

Rapidly growing SME and E&S insurtech Joyn has added industry legend and former AIG and Marsh McLennan CEO Brian Duperreault to its board of directors, the latest prominent move by the MGA following the appointment of Jim Hackbarth as its first independent director earlier this month, The Insurer can reveal.

Tue 21 Mar 2023

Skyward launches global agriculture business led by ex-TMK ag head James Tran

News

agriculture

Skyward launches global agriculture business led by ex-TMK ag head James Tran

Skyward Specialty has entered another new line of business with the hire of former Tokio Marine Kiln executive James Tran to lead a new global agriculture offering.

Tue 21 Mar 2023

Postcard from WSIA UW Summit: Market faces even tougher property renewals

EXCLUSIVE

Wholesale

Postcard from WSIA UW Summit: Market faces even tougher property renewals

There were numerous “hot topics” on the agenda at last week’s WSIA’s Underwriting Summit in Phoenix, Arizona, but undoubtedly the main theme to emerge from conversations with senior wholesale executives was that tough property market conditions – driven by last year’s storm activity and surging reinsurance costs – are here to stay.

Mon 20 Mar 2023

CRC’s Obenauer elected WSIA president for 2023-2024 term

News

People Moves

CRC’s Obenauer elected WSIA president for 2023-2024 term

CRC Group CEO Dave Obenauer has been elected to serve as the 2023-2024 president of the Wholesale & Specialty Insurance Association (WSIA).

Thu 16 Mar 2023

Pathpoint partners with Ascend to launch digital payments platform PathPay

News

Wholesale

Pathpoint partners with Ascend to launch digital payments platform PathPay

Digital wholesaler Pathpoint has teamed up with Ascend to launch a new payment processing platform that the insurtech claims will save agents “hours” of work they would normally spend on collecting, processing and tracking payments, The Insurer can reveal.

Wed 15 Mar 2023

One80 expands healthcare offering with Manchester Specialty acquisition

News

M&A

One80 expands healthcare offering with Manchester Specialty acquisition

Specialty wholesaler One80 Intermediaries has acquired Manchester Specialty Programs, a US underwriting and program management firm specialising in all-lines coverage across the healthcare sector.

Tue 14 Mar 2023

Westfield Specialty launches new management liability products

News

Management liability

Westfield Specialty launches new management liability products

Westfield Specialty has unveiled a suite of management liability coverages including both public company primary D&O and excess liability, which the company will write on both an admitted and non-admitted basis.

Tue 14 Mar 2023

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