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Mitsui Sumitomo Completes Acquisition of Transverse Group
IJ – January 6, 2023 – Mitsui Sumitomo Insurance Co. has completed its acquisition of Warren, New Jersey-based reinsurance intermediary Transverse Insurance Group, closing a deal…
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Sedgwick Names President of Property, International Business
BI – January 4, 2023 – Sedgwick Claims Services Management Inc. on Wednesday promoted Tom Simoncic to president of its property and international business.
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Skyward Specialty IPO Could Generate About $150 Million
BI – January 4, 2023 – Skyward Specialty Insurance Group Inc. said Wednesday the expected price of its initial public offering will be between $14…
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Starfish Specialty Insurance Launches Community Association Program backed by Ascot Group
New York, NY – January 3, 2023 – Starfish Specialty Insurance announced today that it has launched a new program designed for Community Associations.
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Johnson & Johnson Announces Acquisition of Statewide Insurance Corp.
IBA – January 3, 2023 – Managing general agency Johnson & Johnson announced that it recently acquired the assets of Statewide Insurance Corp as it…
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QBE North America Outlines Appetite for New Programs
January 2, 2023 – QBE North America looks to leverage CAT capacity and easy onboarding to attract new, profitable program risks across property, workers’ compensation and…
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VGM Insurance Services Launches Proprietary Workers’ Compensation Program
Waterloo, Iowa, Dec. 29, 2022 – VGM Insurance Services, a division of VGM Group Inc., announced the launch of a proprietary workers’ compensation program, available…
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First Indemnity Boosts MGA Capacity with Knight Specialty
IBA – December 23, 2022 – Specialty insurance agency First Indemnity Insurance Group continues to boost its underwriting capacity as it inked an agreement with…
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Chubb Names New EVP, COO of North America Surety
IBA – December 22, 2022 – Chubb has named Teresa Black as executive vice president, chief operating officer of North America surety.
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Investment Firm Atlaris to Acquire Trean
IJ – December 20, 2022 – New York-based investment firm Altaris said it has agreed to acquire the remaining 53% of stock in specialty insurance…
