-
MSIG North America and Amwins Form Underwriting Partnership
IBA – July 14, 2023- MSIG North America, a subsidiary of MS&AD Insurance Group Holdings, and wholesale distributor Amwins have entered a strategic partnership that will see MSIG NA providing substantial underwriting capacity for over 20 Amwins underwriting programs.
-
Nexus Underwriting Acquires Cyber MGA
BI – July 14,2023 – Nexus Underwriting, part of London-based brokerage and managing general agent Kentro Capital Ltd., Wednesday said it has acquired cyber managing general agent Evolve Cyber Insurance Services LLC.
-
Ryan Specialty Appoints CEO and CUO of National Programs
IBA – July 13, 2023 – Ryan Specialty has announced the appointment of Dawn D’Onofrio to chief executive officer and Brian Alvin to chief actuary and chief underwriting officer of Ryan Specialty National Programs (NSP).
-
Axis Names Former AIG exec to Lead Entry into US Marine Cargo Market
BI – July 12, 2023 – Axis Capital Holdings Ltd. Tuesday appointed Frank Romeo, a former American International Group Inc. executive and marine specialist, to lead its entry into the U.S. marine cargo insurance market.
-
NSM Buys Contractor, Construction Specialist
BI – July 10, 2023 – NSM Insurance Group said Monday it has completed the acquisition of Shield Commercial Insurance Services Inc., a Palm Desert, California-based managing general underwriter specializing in general contractor and construction liability business.
-
AIG and Stone Point Close Deal on High-Net-Worth Specialist MGA
IBA – July 5, 2023 – American International Group (AIG) has successfully closed its agreement with funds managed by Stone Point Capital to form an independent managing general agency called Private Client Select Insurance Services, which will specialize in high net worth and ultra high net worth markets and begin operations in the third quarter…
-
Breckenridge IS, Inc. Announces Leadership Succession and Name Change to Steamboat IS, Inc.
Kennesaw, Ga., June 30, 2023 — Breckenridge IS, Inc., a diversified insurance services firm, today announced the appointment of Angel Cruz as president and chief executive officer. Mr. Cruz succeeds David A. Jordan, who has been named chairman. Both appointments are effective immediately.
-
Nationwide E&S Exits Commercial Auto Effective July 15
IJ – June 29, 2023 – Nationwide E&S will stop writing wholesale-driven contract binding commercial auto new business, including primary brokerage auto effective July 15, according to an announcement released to Nationwide brokers this week and obtained by Insurance Journal.
-
A New Era in Reinsurance: Re Adopts VIPR Solutions to Streamline and Enhance Blockchain-Based Data Management
SAN FRANCISCO, CA 27 JUNE 2023 – Today, Re, the pioneering blockchain-driven reinsurer, has announced a partnership with VIPR Solutions (‘VIPR’). This collaboration aims to enhance security, efficiency, and transparency by connecting MGAs, underwriters, and reinsurance brokers with capital on-chain.
-
Greene & Associates Hires Thad DeBerry as Chief Information Officer
June 27, 2023 – Greene & Associates, a Program Manager and Wholesale Broker, located in East Aurora, NY and in its 38th year, has hired Thad DeBerry as its new Chief Information Officer.
-
NFP Launches Personal Cyber Product
IBA – June 13, 2023 – Property-casualty broker NFP has announced the launch of DigitalShield, an exclusive personal cybersecurity solution for the US market.
-
Core Specialty Makes Medical Stop-Loss Buy
BI – June 12, 2023 – Core Specialty Insurance Holdings Inc. said Monday it has formed a medical stop-loss division by acquiring Standard Life and Accident Insurance Co., the medical stop-loss managing general underwriter unit of American National Group.
Member News
Sustaining Partners
