Arch replaces Axa XL on ProHost restaurant program
Arch Insurance has replaced Axa XL as the capacity provider to the package products offered by specialist restaurant industry program administrator (PA) ProHost USA, The Insurer has learned.
Cortezi and Nichols take leadership positions at RSGUM
Nick Cortezi has been named chairman and CEO of Ryan Specialty Group’s RSG Underwriting Managers business, with his former All Risks lieutenant Matt Nichols assuming the role of president.
USI and Crum & Forster partner on cyber program for law firms
USI Affinity and the American Bar Association (ABA) have announced a new partnership with Crum & Forster to offer a cyber liability insurance program for US law firms.
Accelerant working on US program platform with Willemsen hire
Former Arch and Munich Re executive John Willemsen has joined expansive Accelerant Holdings as the MGA-focused start-up works towards the launch of a US platform that is expected to include the establishment of its own risk-bearing carriers, The Insurer understands.
Clear Blue gets A- rating for new Highlander Specialty E&S platform
Program fronting specialist Clear Blue has secured an A- rating from AM Best for its newly minted E&S subsidiary Highlander Specialty Insurance Company.
Cortezi and Nichols take leadership positions at RSGUM
Nick Cortezi has been named chairman and CEO of Ryan Specialty Group’s RSG Underwriting Managers business, with his former All Risks lieutenant Matt Nichols assuming the role of president.
One80 closes largest deal with Equinox acquisition
One80 Intermediaries has expanded its capabilities to include accident and health (A&H), travel insurance, reinsurance, and premium and claims administration with a deal to buy Equinox Management Group and its affiliates Meridian Management Group and Co-Ordinated Benefit Plans.
Hippo closes Spinnaker acquisition
Homeowners insurtech Hippo has closed its acquisition of program fronting specialist Spinnaker Insurance Company, a deal that was first announced in June.
Analysis
R&Q E&S move will create avenue for ‘significant growth’: Numis Securities
R&Q’s planned US E&S program market entry will open up another potential avenue for significant growth for the firm, according to Numis Securities, with premium growth momentum already ahead of schedule in the group’s fronting operations.
Podcast
Neptune Flood’s Podcast: Guy Morrow, Co-Founder of KatRisk
In the latest edition of Digital Insurance Leaders podcast, Neptune Flood’s Chairman Jim Albert speaks to Guy Morrow - Co-founder of KatRisk, a catastrophe modeling company founded in 2012.
People Moves
Larkin makes return to Allianz after leaving Obsidian
Dan Larkin is leaving his position as CUO of program fronting start-up Obsidian to rejoin Allianz Global Corporate & Specialty (AGCS), The Insurer understands.
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