E&S

AXA XL adds two to E&S Excess Casualty team in US

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星期二, 三月 1, 2022
Temple University School of Medicine, Creativity, Insurance, Temple University, Chartered Property Casualty Underwriter, E&S, Axa XL, Industry, AXA, Risk management, Senior, WTW, Multimedia, XL, Binghamton University, Fox School of Business and Management, Property, Solution, RT, Reinsurance, Financial services, Excess, Central Indo-Aryan languages

That's where E&S insurance leaders, like AXA XL, continue to thrive in meeting the excess liability demands of business with more challenging risk profiles."

Key Points: 
  • That's where E&S insurance leaders, like AXA XL, continue to thrive in meeting the excess liability demands of business with more challenging risk profiles."
  • Ms. Zhong joins AXA XL from Arch Insurance Group where she served as a senior underwriter on the company's E&S Casualty Northeast Region team.
  • AXA XL offers a wide range of E&S insurance solutions including Property , Casualty (both Primary and Excess ), Professional and more, designed to address hard to place and unique risks.
  • AXA XL, the property & casualty and specialty risk division of AXA, provides insurance and risk management products and services for mid-sized companies through to large multinationals, and reinsurance solutions to insurance companies globally.

Brown & Brown, Inc. enters into agreement to acquire Orchid Underwriters Agency and CrossCover Insurance Services

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星期一, 二月 28, 2022
GLOBE, Brown & Brown, Insurance, Security (finance), E&S, Appetite, Culture, NYSE, Nature, U.S. Securities and Exchange Commission, Risk management, Acquisition, National Program Office, Leadership, Solution, National, Financial services, Brown, Orchidaceae

DAYTONA BEACH, Fla., Feb. 28, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and the ownership team of Orchid Underwriters Agency (Orchid) and CrossCover Insurance Services (CrossCover), today announced that Brown & Brown, Inc. (Brown & Brown) has entered into an agreement to acquire Orchid and CrossCover.

Key Points: 
  • DAYTONA BEACH, Fla., Feb. 28, 2022 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and the ownership team of Orchid Underwriters Agency (Orchid) and CrossCover Insurance Services (CrossCover), today announced that Brown & Brown, Inc. (Brown & Brown) has entered into an agreement to acquire Orchid and CrossCover.
  • Orchid delivers proprietary and customized insurance solutions for homeowners in coastal zones and for high net worth customers.
  • Chris Walker stated, It is exciting to welcome the collective experience of the leadership of Orchid and CrossCover to our team.
  • Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939.

Orchid Insurance Announces Acquisition by Brown & Brown, Inc.

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星期一, 二月 28, 2022
Finance, Consulting, Professional Services, Other Professional Services, Insurance, Brown & Brown, Ownership, ESG, Partnership, Insurance, B Lab, Brown, E&S, Â, TowerBrook Capital Partners, MGU, Sale, LLC, Investor, Excess, National Program Office, Leadership, Pleasure, Solution, Certification, Financial services, Management, Atlantic Ocean, Orchidaceae

Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, announced today that its financial sponsors, led by TowerBrook Capital Partners L.P. (TowerBrook), an international investment management firm, have entered into a definitive agreement to sell the company to Brown & Brown, Inc. (Brown & Brown), an insurance brokerage firm.

Key Points: 
  • Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, announced today that its financial sponsors, led by TowerBrook Capital Partners L.P. (TowerBrook), an international investment management firm, have entered into a definitive agreement to sell the company to Brown & Brown, Inc. (Brown & Brown), an insurance brokerage firm.
  • Established in 1998, Orchid is a leading administrator that represents insurance and reinsurance providers and partners with qualified independent retail brokers and select wholesale brokers.
  • Orchid delivers proprietary and customized insurance solutions for homeowners in coastal zones and for high-net-worth customers.
  • Orchid and CrossCover have ambitious plans, and were eager to join the team at Brown & Brown.

ClarionDoor Aligns Product Suite to Market Demand

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星期二, 二月 22, 2022
GLOBE, Policy, Insurance, Active policy management, E&S, Marketing, Industry, United Kingdom, MGA, Product distribution, Product marketing, API, Automation, P&C, Solution, Program, Â, Management, Risk management, Zywave

SANTA BARBARA, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) -- ClarionDoor, a Zywave company (ClarionDoor) , is pleased to announce a strategic repositioning of the companys entire product suite to better align with market demand.

Key Points: 
  • SANTA BARBARA, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) -- ClarionDoor, a Zywave company (ClarionDoor) , is pleased to announce a strategic repositioning of the companys entire product suite to better align with market demand.
  • This shift in positioning moves the ClarionDoor products, including standalone rating, comparative rating, product distribution, and policy management, away from complex naming conventions to enable insurers, managing general agents (MGAs), and program administrators to more effectively find solutions that solve challenges.
  • The insurance industry is over-saturated with technology products hidden behind vague naming conventions that dont align with their function, said Michael DeGusta, general manager at ClarionDoor .
  • Founded in 2010 and acquired by Zywave in 2021, ClarionDoor has been known in the insurance industry as a trailblazer providing cloud-only, API-architected insurance technology.

Following a Contentious 2021 Proxy Season, 2022 May Be Even More Challenging

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星期二, 二月 15, 2022
Climate change, Corporate law, Costco, CEO, Lobbying, Politics, Risk, Charter Communications, Rutgers Law School, Public policy, The Conference Board, Chief executive officer, Russell 3000 Index, Climate, Center, SEC, Russell, Review, Death, E&S, Consultant, Erosion, Leadership, Environment, PAC, Student, HCM, Disclosure, Rutgers University, Data mining, Culture, Policy, Faculty, Russell Reynolds Associates, Research, Multimedia, Conference, COVID-19, ESG, NEO, Eye, Organization, Renewable energy, Agriculture, Audit, Animal, Lithium, Security (finance), Publishing, Holding company, Management, Sales, Public relations, Weapon

But the 2022 proxy season promises to be even more challenging for corporations, according to a new analysis by The Conference Board.

Key Points: 
  • But the 2022 proxy season promises to be even more challenging for corporations, according to a new analysis by The Conference Board.
  • E&S proposals received unprecedented support in the 2021 proxy season, with some proposals receiving majority support for the first time.
  • Shareholder proposals on these E&S topics were the most likely to come to a vote in the 2021 proxy season.
  • In the 2021 proxy season, 76 percent of filed and 82 percent of all voted environmental proposals focused on climate.

AmTrust Announces New Leadership Team of E&S Division

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星期四, 二月 10, 2022
Professional Services, Insurance, Finance, Central, BOP, MGA, AmTrust Bank, Shannon, Multimedia, SVP, Excess, E&S, CUO, Bobolice, Information technology, Insurance, Sales, Financial services, Real estate

AmTrust Financial Services, Inc. ("AmTrust" or the "Company"), a global specialty property and casualty insurer, today announced the formation of a new leadership team for their Excess and Surplus (E&S) division promoting and expanding the roles of five executives.

Key Points: 
  • AmTrust Financial Services, Inc. ("AmTrust" or the "Company"), a global specialty property and casualty insurer, today announced the formation of a new leadership team for their Excess and Surplus (E&S) division promoting and expanding the roles of five executives.
  • Senior Vice President Erich Bublitz will lead the division, reporting to Dan Hickey, President of AmTrust Specialty Insurance.
  • View the full release here: https://www.businesswire.com/news/home/20220210005162/en/
    "AmTrust has built a team of some of the best excess and surplus professionals in the business," said Bublitz.
  • Bublitz further commented, "The new leadership team will support a unified national underwriting appetite, with a focus on specific industry segments and continue our dedicated wholesale distribution strategy."

BTIS Announces Exclusive Access to Newly Expanded Workers' Compensation Insurance

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星期二, 二月 1, 2022
CEO, Risk, Treaties between Amyntas III and the Chalcidians, Insurance, Insurance Services of America, Communication, Small business, Original equipment manufacturer, Workers' compensation, Technology, E&S, Program, Solution

ROCKLIN, Calif., Feb. 1, 2022 /PRNewswire/ -- Builders & Tradesmen's Insurance Services, Inc. (BTIS), a managing general agency focused on serving small businesses with end-to-end insurance solutions, is pleased to announce exclusive access to a newly expanded workers' compensation coverage option now available in six states.

Key Points: 
  • ROCKLIN, Calif., Feb. 1, 2022 /PRNewswire/ -- Builders & Tradesmen's Insurance Services, Inc. (BTIS), a managing general agency focused on serving small businesses with end-to-end insurance solutions, is pleased to announce exclusive access to a newly expanded workers' compensation coverage option now available in six states.
  • This broad market access is accessible in California, Arizona, Colorado, Oregon, Nevada and Texas, with additional states coming soon.
  • "We are thrilled to offer our clients exclusive access to this broad insurance product, along with a simplified quoting and binding process," says Paul Holbein, CEO of BTIS.
  • This expansion of workers' compensation insurance comes at an opportune time, as new construction is predicted to reach unprecedented heights in 2022.

PATHPOINT NAMES RALPH BLUST AS NEW CRO AND PRESIDENT

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星期五, 一月 28, 2022
Growth, NFS, CEO, Blust, Leadership, Culture, Lloyd's of London, SAN, Lloyd, Technology, E&S, Cyber, Willis Towers Watson, Illinois Wesleyan University, BS, TIG, Solution, CRO, Time, Industry, Multimedia, AIG, Risk management, Insurance, Pathpoint, Insurance

SAN FRANCISCO, Jan. 28, 2022 /PRNewswire/ -- Pathpoint, the insurance industry's first self-service E&S technology platform, today announces the appointment of Ralph Blust to the position of CRO and President.

Key Points: 
  • SAN FRANCISCO, Jan. 28, 2022 /PRNewswire/ -- Pathpoint, the insurance industry's first self-service E&S technology platform, today announces the appointment of Ralph Blust to the position of CRO and President.
  • Blust brings 35+ years of insurance industry leadership to his new Pathpoint role.
  • "After an intense year of growth, we're grateful to have Ralph onboard," said Alex Bargmann, Pathpoint's CEO and co-founder.
  • "From the outset, I was impressed by the culture and people at Pathpoint," said Blust.

Dark Matter and ClarionDoor Partner to Deliver MGA Digital Intelligence

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星期三, 一月 26, 2022
Dark, Policy, Solution, Â, Partnership, COVID-19, MGA, E&S, Technology, Product marketing, Gamma globulin, Marketing, Insurance, MGU, Dark matter, API, United Kingdom, Architecture, GLOBE, P&C, CEO, Internet service provider, Zywave

The partnership will deliver an intelligent digital experience for managing general agents (MGAs) and insurance E&S carriers that closes the chapter on digital transformation and introduces a new era of digital intelligence.

Key Points: 
  • The partnership will deliver an intelligent digital experience for managing general agents (MGAs) and insurance E&S carriers that closes the chapter on digital transformation and introduces a new era of digital intelligence.
  • Launched during the height of the COVID-19 pandemic in 2020, Dark Matter recognized the need for digital solutions specific to the E&S market.
  • By teaming up with ClarionDoor, we are able to deliver a truly unique, digitally intelligent experience for carriers and MGAs.
  • Dark Matter InsurTech LLC (Dark matter) was created to focus solely on the excess and surplus (E&S) lines marketplace and distribution model.

Skyward Specialty Adds Top Talent to Surety and E&S Divisions

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星期二, 一月 18, 2022
Insurance, Professional Services, Surety, Technology, Excess, Brewing, AM Best, Skyward, Solution, Insurance, E&S, Swiss Re, Culture, Company, Acquisition, Reinsurance

Skyward Specialty Insurance Group, Inc. (Skyward Specialty or Company), a leader in the specialty Property and Casualty market, announced today that the Company has added new leaders to its Surety and Excess & Surplus (E&S) businesses.

Key Points: 
  • Skyward Specialty Insurance Group, Inc. (Skyward Specialty or Company), a leader in the specialty Property and Casualty market, announced today that the Company has added new leaders to its Surety and Excess & Surplus (E&S) businesses.
  • Tim Brewer joins Skyward Specialty as Vice President of Commercial Surety.
  • Tim and Dan joining Skyward Specialty is the most recent example of how our values and culture enables us to attract and retain A-plus talent.
  • Skyward Specialtys subsidiary insurance companies consist of Houston Specialty Insurance Company; Imperium Insurance Company; Great Midwest Insurance Company; and Oklahoma Specialty Insurance Company.