Amwins-owned MGU Business Risk Partners (BRP) has brought in Barak Canzano as a senior miscellaneous professional liability (PL) underwriter with the recruit joining from Herbert H Landy Insurance Agency.
Professional liability
Professional indemnity MGA Aqueous Underwriting has secured a three-year capacity deal with Allied World and Sompo.
Brown & Brown’s Quincy, Massachusetts office has partnered with The Hanover to be the exclusive distribution partner for the carrier’s new Attorney Risk Management Solution (ARMS) program in the Bay State, Maine, New Hampshire, New Jersey, Rhode Island and Vermont.
RSA has introduced a professional indemnity (PI) product designed for climate professionals, companies and consultants.
Former Alesco duo David Doe and Paul Emuss have unveiled Doe & Emuss (D&E), a new boutique underwriting manager specialising in professional liability.
The professional indemnity market softened throughout 2024 and will continue to in 2025 amid fallout from the UK’s cladding scandal, according to Gallagher Re.
Berkshire Hathaway Specialty Insurance (BHSI) has expanded its professional indemnity (PI) and cyber offering in Italy with the hire of Alessandro Majerna, and appointed Vincenza Viele as head of claims.
Bowhead Specialty’s CEO has commented that the casualty market is “resilient” but conditions are more “nuanced” for its healthcare liability and professional liability divisions.
Argo is consolidating the underwriting management of its roughly $40mn Bermuda financial and professional lines portfolio into its US operations, with plans to continue leveraging its Bermuda entity, but with a smaller staffing footprint,
Ambac-owned MGA incubator Beat Capital Partners has unveiled proRISE Insurance Services, led by former Hiscox and AIG executive Doug Karpp.
Former Argo Pro president Craig Landi has launched Falcon Risk Holdings, a US financial and cyber lines MGA backed by insurance sector-focused investment firm Griffin Highline and HDI Global Specialty.
Berkley Select has brought a new employment practices liability (EPL) product to market called AttorneyShield targeted at law firms with up to 100 attorneys on their books.
Axa XL has appointed company veteran Michelle Bailey to head of professional, Bermuda, a newly created role that gives her oversight of the carrier’s professional lines underwriting team on the island.
Ambac’s new program administrator Tara Hill Insurance Services has hired industry veteran Richard Edsall as senior vice president focused on excess and surplus lines management liability and professional liability.
