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Distinguished Programs explores raising minority capital

2021-06-18T13:51:00+01:00

Program administrator Distinguished Programs is looking at the possibility of bringing in a new minority investor to the business and is working with boutique investment bank Evercore to evaluate potential partners, The Insurer understands.

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Venbrook gets Everspan capacity for medical transportation program

2021-06-15T04:46:00+01:00

US broker Venbrook Group has secured capacity support from Ambac Financial Group’s recently launched E&S participatory fronting carrier Everspan Indemnity Insurance Company for a new non-emergency medical transportation (NEMT) program.

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RPS and ISMIE partner on PL program for insurance agents/brokers

2021-06-11T21:04:00+01:00

Risk Placement Services (RPS) has launched a new insurance agents and brokers professional liability (PL) program with ISMIE Indemnity Company.

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Maintaining momentum…

2021-06-11T15:23:00+01:00

This week we began conducting interviews for the latest instalment of our Prospective series on The Insurer TV, with a focus on the US programs sector.

ndrew Robinson from Skyward and Cory Isaacson

Skyward-reThought tie-up targets “wide open” commercial flood market

2021-06-11T15:20:00+01:00

Skyward Specialty CEO Andrew Robinson has described the US commercial flood insurance market as “wide, wide open”, after entering a partnership with tech-enabled MGA reThought to bring primary and excess limits of up to $20mn per risk.

Target markets

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TMPAA Panel: “Renewed sense of optimism” in program market

2021-05-03T20:28:00+01:00

Optimism has returned to the program market after faltering in 2020, while the “the bar has risen” among administrators leading to a divergence between those that have made investments in their businesses and those that have not, according to panellists during a Target Markets Program Administrators Association (TMPAA) town hall.

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Platforms for growth

2021-05-19T16:28:00+01:00

New turnkey MGA platforms are emerging in the program sector looking to provide a home for underwriting teams and seek growth opportunities in a burgeoning marketplace…





People Moves

Jeffrey Canfield – Ethos

Ethos Specialty adds casualty exec Canfield

2021-06-11T14:04:00+01:00

Ascot’s MGU platform Ethos Specialty has hired former Argo, AIG and Aspen executive Jeff Canfield as executive vice president for casualty and product innovation.


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