Skyward Specialty Insurance Group has launched a life sciences liability coverage line, adding to its healthcare solutions underwriting unit.
Healthcare
Specialty Program Group (SPG) has acquired group health insurance specialist Total Benefit Solutions (TBS) in a deal that marks “a key expansion” for the Chicago, Illinois-based business.
Healthcare MGA Altea Insurance has continued to build-out its underwriting team with the appointment of Holly Dixon as senior underwriter.
Doxa Insurance’s Promont Insurance Advisors has acquired allied healthcare liability underwriting program manager Pro Liability Group in a deal completed late last month.
Allentown, Pennsylvania-based Lehigh Valley Health Network (LVHN) has agreed to a $65mn settlement in a class-action lawsuit related to a 2023 data breach.
PwC Switzerland’s Juliane Welz on the role reinsurers can play in addressing the gender gap.
BMS Group has appointed Anna Painter as head of global healthcare technical operations.
Ryan Specialty has signed a deal to acquire certain assets of MGU Greenhill Underwriting Insurance Services from Alera Group in a deal that further strengthens the capabilities of its existing healthcare specialist Sapphire Blue.
Howden has expanded its presence in the UK consumer insurance sector with the acquisition of Help Me Compare Group Limited and its subsidiaries.
Ryan Specialty’s Sapphire Blue subsidiary has entered into an exclusive underwriting relationship with MagMutual.
Amynta Group has made a renewed medical stop-loss play after entering into a definitive agreement to acquire certain specialist operations from Fortune 500 workplace benefits and services specialist Unum Group.
Despite being a top target for breaches, healthcare companies are overconfident in their cybersecurity capabilities, with shortcomings highlighted in different ways by Meta Pixel exposures and the Change Healthcare attack.
The frequency of severity of liability losses continues to worsen in North America, but there is little change to the limit purchasing trends seen over the past several years, a Chubb report analysing trends in ten sectors has concluded.
The largest US medical professional liability (MPL) insurers collectively booked their ninth consecutive underwriting loss in 2023 as the sector continues to battle headwinds including worsening claims severity, new data from AM Best shows.
Acrisure’s John Sutton reflects on the evolution of the London healthcare market.
