Lockton Re has launched a segment dedicated to programs and MGAs in the US, under the leadership of Jeff Fleming.
Program
Ryan Specialty has appointed former AIG executive Shawn Yingling as chief retail distribution officer within its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM).
Jencap’s MiniCo Insurance Agency has secured capacity from an AM Best A- rated carrier for a new lawyers professional liability (LPL) program that will be offered on both an admitted and non-admitted basis.
Tangram Insurance Services has brought a new security guard industry-focused program to market that will provide specialty liability and workers’ compensation coverage backed by capacity from Accelerant and Service Insurance Companies.
Emerald Bay Risk Solutions founding CEO Dave Ingrey has stepped down from the role and is expected to take on a board position while head of business development Ken Ingrey is leaving the Bain Capital-backed fronting carrier, Program Manager can reveal.
Arden Insurance Services has secured a significant growth capital investment from private equity firm FTV Capital, Program Manager can reveal.
Arthur J Gallagher stablemates Risk Placement Services (RPS) and Gallagher Re have been working in tandem on multiple MGA transactions, with the wholesaler using the reinsurance broker to secure capacity for more than 10 program offerings, this publication understands.
With growth in the global delegated underwriting authority enterprise (DUAE) segment showing no sign of slowing and the sector continuing to invest in talent and technology, AM Best has maintained its positive outlook on the market.
If you were to ask program administrators and MGAs the one thing that keeps them awake at night, it’s a fair bet that many of them would say “capacity”.
Insurtech MGU Argyle Insurance has agreed a multi-year capacity agreement with Mitsui Sumitomo Insurance Co (MSI) to write a portfolio of coverage targeted at SMEs in Australia.
K2-owned Aegis General Insurance has launched a new US private company management liability program led by former Scale Underwriting executive Jeff Hirsch that will offer D&O, EPL and fiduciary liability coverage,
Aon’s K&K Insurance Group has secured capacity support from Markel Group for a new film and media production insurance program.
Swiss Re Corporate Solutions’ turnaround is largely complete with the company positioned for growth across much of its portfolio and a particular emphasis on further expansion in the alternative risk transfer (ART) and international programs segments, CEO Ivan Gonzalez has told
CITA Insurance Services, a division of Brown & Brown Program Insurance Services, has partnered with Ascot Insurance Company to introduce a nationwide errors and omissions insurance program tailored for real estate agents and brokers.
Procore Technologies has placed its program and retail broking operations into run-off after they failed to reach sufficient scale, although the construction-focused platform remains committed to providing insights and data to the insurance industry,
