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Aon appoints John Neal as Global Chairman of Climate Solutions and Global CEO of Reinsurance
DUBLIN, Jan. 8, 2025 PR NewsWire– AON a leading global professional services firm, announced today the appointment of John Neal as Global Chairman of Climate Solutions and Global CEO of Reinsurance for Aon, effective following the conclusion of his notice period.
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Sloop to Take Over for Drinkwater as Amwins President
12/10/24 – Ben Sloop is set to take over as president of Amwins Group at the start of 2025, the wholesale brokerage said. Sloop succeeds James Drinkwater, who has been with Amwins since 2004 and has served as president since 2018. He will become vice chair of Amwins and remain active as executive chairman of…
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John Stephens Takes Helm as CEO of Accretive Insurance Solutions
ORLANDO, Fla., November 19, 2024 – Accretive Insurance Solutions, an international collection of leading niche-focused specialty and wholesale insurance providers and administrators, is proud to announce the appointment of John Stephens as chief executive officer. In this role Stephens will be responsible for leading the company and driving strategic vision.
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Dual North America adds Everest’s Graham and Navigators’ Frey
December 9, 2024 (Program Manager) – Dual North America has appointed Andreas Graham as executive vice president of its EIURS team and Ed Frey as senior vice president of professional liability.
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Vertafore acquires Surefyre, expanding its AI capabilities to accelerate MGA growth and innovation
DENVER – November 4, 2024 – Vertafore® today announced that it has acquired Surefyre, an industry leading submission and underwriting workbench platform purpose-built to empower MGAs and wholesalers. This acquisition further strengthens Vertafore’s industry leadership by adding Surefyre’s AI enabled, low-code/no-code solution to Vertafore’s already best-in-class MGA ecosystem of solutions.
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Two emerging opportunities for MGAs
Nov 04, 2024 (IBA)- In part 1 of this series, Insurance Business looked at the factors driving demand for niche insurance programs crafted by managing general agents (MGAs), and the hurdles these companies face amid increasing competition. Part 2 will explore the impact of artificial intelligence (AI), specifically generative AI (gen AI), on the already fast-paced sector,…
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Client interest and carrier appetite are growing for MGAs
Oct 30, 2024 (IBA) – This is part 1 in a two-part series covering the growth of specialty programs. The insurance industry has been transformed by the rise of managing general agents (MGAs) and specialty programs.
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Azur Technology launches new product MGA Connect
October 15, 2024 — Built for all classes of insurance by a team of former underwriters, MGA Connect is an end-to-end digital policy admin system that delivers innovative underwriting tools and powerful automation to get insurance products out to market faster, make underwriting processes more efficient, and open up new paths towards profitability.
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Cogitate Announces Partnership with One Inc
Atlanta, Georgia 9/5/24: Cogitate, a provider of cloud-native core policy, billing, and claim applications for insurers, is pleased to announce its partnership with One Inc, the leading digital payments network for the insurance industry. Cogitate has integrated One Inc’s best-in-class digital payment processing with DigitalEdge Insurance Platform to help ensure a frictionless experience, merging all…
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Bishop Street Underwriters Makes Strategic Equity Investment into Verve Services
NEW YORK, NY and WEST PALM BEACH, FL – September 26, 2024 – Bishop Street Underwriters (“Bishop Street”), a multi-boutique insurance platform owned by RedBird Capital Partners (“RedBird”), today announced it has made a strategic equity investment in Verve Services, LLC (“Verve”), a leading, full-service auto insurance managing general agency (“MGA”). This partnership marks Bishop…
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AM Specialty Insurance Company Partners with Once Insurance to Revolutionize Small Jewelry Coverage
DALLAS, TX, September 5, 2024 – AM Specialty Insurance Company (ASIC), an Arizona-domiciled surplus lines insurance carrier rated A- (Excellent) by AM Best, is proud to announce its role as the underwriting partner for Once Insurance’s innovative entry into the jewelry insurance market. This partnership marks a significant milestone in simplifying and enhancing the insurance…
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BMS Re US names new president and CEO
September 5, 2024 [ReInsurance Business] – BMS Re, the reinsurance arm of global broker BMS Group, has appointed Brad Melvin as president and chief executive officer of BMS Re US, effective in November.
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