Program

Argyle gets Mitsui Sumitomo capacity for Australia SME program

Insurtech MGU Argyle Insurance has agreed a multi-year capacity agreement with Mitsui Sumitomo Insurance Co to write a portfolio of coverage targeted at SMEs in Australia.

K2’s Aegis General launches Hirsch-led private company mgmt liability program

K2-owned Aegis General Insurance has launched a new US private company management liability program led by former Scale Underwriting executive Jeff Hirsch and offering D&O, EPL and fiduciary liability coverage, Program Manager can reveal.

Swiss Re CorSo turnaround largely complete as it eyes ART and intl programs growth

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 The Insurer.

K&K gets Markel capacity for new DICE media production program

Aon’s K&K Insurance Group has secured capacity support from Markel Group for a new film and media production insurance program.

CITA and Ascot launch nationwide E&O program for real estate

Specialty admitted market helps drive programs growth at Brown & Brown

After Brown & Brown’s programs business delivered 22.8 percent organic growth in Q3, the firm’s president and CEO J Powell Brown said the unit will continue to be a strong contributor of revenue expansion as it attracts underwriting talent from carriers and rivals.

Platinum’s ISC gets Obsidian capacity for new HNOA program

Platinum Specialty Underwriters’ IPC division has inked a capacity partnership with Obsidian to support a new hired and non-owned auto insurance program, which is available in every state, bar Florida, Louisiana and New Jersey.

Brownyard gets Hudson capacity for Foundation product recall endorsement

Brownyard Group has secured capacity support from Hudson Insurance Group for a new optional coverage endorsement to its general liability policy for its cosmetics industry-focused program Foundation.

Doxa’s Chatham gets C&F capacity for new medical XoL program

Doxa Insurance’s Chatham Insurance Services has secured capacity from Crum & Forster subsidiary United States Fire Insurance Company to underwrite a new excess of loss coverage designed to help ease the financial volatility caused by catastrophic medical claims.

The Mechanic Group partners with Palomar for security alarm and investigator program

The Mechanic Group, a division of Hub’s Specialty Program Group, has partnered with Palomar Excess and Surplus Insurance Company to enhance its "best in class" security alarm and investigator program.

Program Plus and IRM switch preferred hab program capacity provider to Ascot

One80 Intermediaries’ Programs Plus and Innovative Risk Management have switched the capacity provider supporting their preferred habitational program from Argo’s Colony Insurance Company to Ascot Specialty Insurance Company.

Sands Point Risk inks joint venture with NCC to launch multi-line construction platform

Avesi Partners-backed MGA platform Sands Point Risk is preparing the launch of a new contractors program in partnership with independent wholesaler National Coverage Corporation (NCC) that aims to be online by year-end or sooner, The Insurer can reveal.

Tuckerman launches Lloyd’s capacity backed allied MPL program

Tuckerman Underwriting has secured capacity from Lloyd’s of London to support its new surplus lines allied medical professional liability with commercial general liability program, with the MGA’s latest offering led by new hire Christie Urita.

Nardac gets capacity support to raise Community Solar nat cat limits to $5mn

Nardac Insurance Services has got capacity support from a panel of Lloyd’s and A++ rated company market insurers to raise the natural catastrophe limits it can offer through its Community Solar program to $5mn, Program Manager can reveal.

Falcon Risk launches new real estate developers program

Falcon Risk Services has brought a new real estate developers-focused insurance solution to market that provides management, professional and cyber liability, along with lenders and investment fund D&O/E&O.

ISC brings in Hiscox USA’s Gonzalez to support Abacus growth

Integrated Specialty Coverages’ entertainment and event focused MGA Abacus has hired Ashley Gonzalez from Hiscox USA in a move designed to expand its distribution and enhance its penetration with existing brokers.

Distinguished Programs adds WRB’s Mehyo to fine arts program team

Distinguished Programs has brought in Ashley Mehyo from Berkley Asset Protection as vice president of claims for its fine art and collectibles program.

SiriusPoint eyes specialty growth across UK and Europe in MGA/program unit: Hardy

SiriusPoint’s new international strategy for MGA and program business is centred around addressing frustration and dissatisfaction in the market, as well as targeting the “new DNA” of MGAs that are focused on specialist services rather than volume.

Aegis Professional Risk partners with Sentry Insurance to launch new E&O program

Aegis Professional Risk, a division of Aegis General Insurance Agency and K2 Insurance Services, has partnered with Stevens Point, Wisconsin-based Sentry Insurance to launch a new E&O program.

Everest appoints Buonpane to lead US wholesale and programs business

Everest Insurance has ended the search for an executive to lead its US wholesale and programs business with the internal appointment of Stephen Buonpane, and has named Danielle Stewart as the unit’s COO.

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