Crum

Skyward Specialty Adds Seven in Strategic Move to Reach New Surety Markets

Retrieved on: 
Wednesday, November 1, 2023

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced additional expansion in its surety division, marked by the strategic recruitment of the industry’s top Surety talent.

Key Points: 
  • HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced additional expansion in its surety division, marked by the strategic recruitment of the industry’s top Surety talent.
  • Skyward Specialty welcomed Scott Bailey as vice president of Field Operations for Contract Surety.
  • He began his career at Travelers Bond and Specialty Insurance and held expanded leadership roles at Merchants Bonding Company, Frankenmuth Surety and United Fire & Casualty.
  • "The exceptional team we're building and their dedication to providing superior service and solutions have made us a leading Surety."

Third-Party Administrator, SureGo Administrative Services, Announces the Launch of Its New Website, Mysurego.com

Retrieved on: 
Tuesday, October 31, 2023

Earlier this year, the company launched a custom-built online submission tool that eases the claims process for internal teams and external customers.

Key Points: 
  • Earlier this year, the company launched a custom-built online submission tool that eases the claims process for internal teams and external customers.
  • Matthew Vitale, President, SureGo Administrative Services, commented, “SureGo’s mission is to provide unparalleled claims and administration services to our clients and partners without relying on others.
  • With straightforward navigation and convenient functionality, visitors can easily explore the wide range of services offered by the company.
  • The company will enhance its website with additional information and features as it further develops its offerings.

Crum & Forster Accident & Health Names Joseph Muccia Chief Financial Officer

Retrieved on: 
Tuesday, October 24, 2023

EATONTOWN, N.J., Oct. 24, 2023 /PRNewswire/ -- Crum & Forster's (C&F) Accident & Health (A&H) Division announces the promotion of Joseph (Joe) Muccia to Chief Financial Officer, A&H Division.

Key Points: 
  • EATONTOWN, N.J., Oct. 24, 2023 /PRNewswire/ -- Crum & Forster's (C&F) Accident & Health (A&H) Division announces the promotion of Joseph (Joe) Muccia to Chief Financial Officer, A&H Division.
  • Joe previously served as Vice President of Operations where he had oversight of the Division's Program Claims, Auditing, Accounting and Reporting teams.
  • "As the C&F Accident & Health Division continues to expand its captive business and capabilities, Joe will lead all financial related duties pertaining to this diversified portfolio," said Gary McGeddy, President of Crum & Forster Accident & Health.
  • "I am honored to assume the role of Chief Financial Officer of Accident & Health and join the Division's senior leadership team," shared Mr. Muccia.

OLD REPUBLIC ANNOUNCES FORMATION OF A NEW ACCIDENT & HEALTH COMPANY

Retrieved on: 
Monday, September 18, 2023

CHICAGO, Sept. 18, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it is forming a new underwriting subsidiary to provide Accident & Health insurance products.

Key Points: 
  • CHICAGO, Sept. 18, 2023 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it is forming a new underwriting subsidiary to provide Accident & Health insurance products.
  • The new company, Old Republic Accident & Health, Inc., will focus on providing specialized coverages such as employers stop loss and will be led by Gary Nidds as President.
  • We look forward to leveraging Gary's experience and leadership with the Old Republic brand, resources and financial strength."
  • Old Republic Accident & Health will be the sixth new company that Old Republic has launched in the last eight years, adding to the depth and talent of the Old Republic General Insurance Group.

SureGo Administrative Services, a Division of Trawick Holdings, Expands Services as an Official Third-Party Administrator for Crum & Forster

Retrieved on: 
Tuesday, August 22, 2023

As an official third-party administrator, SureGo will leverage its expertise and extensive network to administer claims solutions on behalf of Crum & Forster.

Key Points: 
  • As an official third-party administrator, SureGo will leverage its expertise and extensive network to administer claims solutions on behalf of Crum & Forster.
  • This collaboration marks a significant milestone, combining SureGo's commitment to exceptional customer service and industry knowledge with the vast resources and market presence of Crum & Forster.
  • This strategic partnership will allow SureGo to expand its service offerings, enhance its capabilities, and deliver even greater value to its clients.
  • With an innovative team and a path-breaking technology, we are ready to leap into a higher orbit of insurance claims management."

AM Best Upgrades Issuer Credit Ratings of Crum & Forster Insurance Group’s Members and Monitor Life Insurance Company of New York

Retrieved on: 
Thursday, August 3, 2023

AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Crum & Forster Insurance Group (C&F).

Key Points: 
  • AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Crum & Forster Insurance Group (C&F).
  • Concurrently, AM Best has upgraded the Long-Term ICR to “a+” (Excellent) from “a” (Excellent) and affirmed the FSR of A (Excellent) of Monitor Life Insurance Company of New York (Monitor Life) (New York, NY).
  • The outlook of these Credit Ratings (ratings) is stable.
  • The ratings also reflect the financial support and strategic importance to its parent, United States Fire Insurance Company, part of C&F.

AXA XL Insurance adds Mid-Market Generalist to its newly launched US Mid-Market business

Retrieved on: 
Monday, July 17, 2023

NEW YORK, July 17, 2023 /PRNewswire/ -- AXA XL Insurance welcomes Adele Smith as Head of Mid-Market Generalist in the next phase of its targeted U.S. Mid-Market insurance business launch.

Key Points: 
  • NEW YORK, July 17, 2023 /PRNewswire/ -- AXA XL Insurance welcomes Adele Smith as Head of Mid-Market Generalist in the next phase of its targeted U.S. Mid-Market insurance business launch.
  • Based in New York, and reporting to AXA XL's Head of U.S. Mid-Market Matt Waters, Ms. Smith will build the underwriting unit providing multi-line property/casualty insurance for mid-sized generalist business in the US.
  • Ms. Smith joins AXA XL from CNA where she currently manages a $500m P&L for mid-market business out of New York.
  • AXA XL's Mid-Market team is actively building out AXA XL's targeted mid-market client offering in the U.S., leveraging its strength in underwriting, data, claims handling and global capabilities.

Crum & Forster Wins Gold, Silver Showcase Awards from the Insurance Marketing Communications Association

Retrieved on: 
Monday, July 10, 2023

MORRISTOWN, N.J., July 10, 2023 /PRNewswire/ -- The Marketing and Corporate Communications team at Crum & Forster (C&F) , a leading national property and casualty specialty insurance company, has earned two Showcase Awards – one gold and one silver – from the Insurance Marketing and Communications Association (IMCA) .

Key Points: 
  • MORRISTOWN, N.J., July 10, 2023 /PRNewswire/ -- The Marketing and Corporate Communications team at Crum & Forster (C&F) , a leading national property and casualty specialty insurance company, has earned two Showcase Awards – one gold and one silver – from the Insurance Marketing and Communications Association (IMCA) .
  • The IMCA strives to recognize the best work in insurance marketing and communications through its awards program, which spotlights those individuals, teams, and companies that reflect the best of what the insurance industry has to offer.
  • "We are honored to have earned these distinguished awards from the IMCA," said Hallie Harenski, Senior Vice President of Marketing & Corporate Communications for Crum & Forster.
  • For 63 years, the IMCA Showcase Awards have recognized the most effective and innovative work from the best minds in insurance marketing and communications.

Crum & Forster Promotes Craig Belanger to Senior Vice President

Retrieved on: 
Tuesday, June 27, 2023

MORRISTOWN, N.J., June 27, 2023 /PRNewswire/ -- Crum & Forster (C&F) announces the promotion of Craig Belanger to Senior Vice President of the Business Services Group (BSG).

Key Points: 
  • MORRISTOWN, N.J., June 27, 2023 /PRNewswire/ -- Crum & Forster (C&F) announces the promotion of Craig Belanger to Senior Vice President of the Business Services Group (BSG).
  • Mr. Belanger joined C&F in 2013 as an IT Project Manager and has served as the company's Vice President of the BSG since 2018.
  • In his expanded role, Mr. Belanger will continue to lead the BSG which has grown to include Product Management, Technical Product Ownership, and Robotics/Process Improvement.
  • "Craig has a strategic mindset and his natural leadership skills have propelled his career at C&F," said Don Parker, Chief Operating Officer, Commercial Lines & Executive Risk for Crum & Forster.

Skyward Specialty Expands Capabilities - Recruits Top Talent to Serve SBA Market, Provide Judicial & Fiduciary Bonds

Retrieved on: 
Wednesday, June 14, 2023

In keeping with its continued commitment to building a best-in-class Surety division, the Company will broaden its Small Business Administration (SBA) Bonds Guarantee Program and judicial and fiduciary bond capabilities.

Key Points: 
  • In keeping with its continued commitment to building a best-in-class Surety division, the Company will broaden its Small Business Administration (SBA) Bonds Guarantee Program and judicial and fiduciary bond capabilities.
  • Skyward Specialty has recruited Paul Abrams as assistant vice president and Emily Ingram as senior underwriter to drive the development and growth of the Company's existing SBA capabilities.
  • Skyward Specialty also welcomed Michal Rogson as vice president and Sabina Morgenstein as underwriting manager to expand the Company's judicial and fiduciary bond business.
  • Ms. Rogson previously spent 16 years at Tokio Marine HCC Surety Group, where she helped establish and build a strong portfolio of judicial and fiduciary bonds.