SPG promotes PPIB’s Preston to new development role
Specialty Program Group (SPG) has promoted Susan Preston to director of program development.
Nationwide-Paragon will look to broaden partnership after property E&S agreement
US insurance giant Nationwide and expansive MGA platform Paragon Insurance Holdings are committed to forging a long-term relationship that could broaden into other areas of business following the exclusive underwriting agreement for shared and layered E&S property unveiled last week.
CRC adds Aspen’s Bonds to lead exclusive property products
US wholesaler CRC Group has hired Alex Bonds from Aspen as chief programs officer for property programs in a role that will see the executive lead the development of the firm’s exclusive Insurisk brand’s property facility, The Insurer can reveal.
New programs push Accredited 2020 contracted premium to $1.28bn
Five new programs in Q4 helped push contracted premium at R&Q’s Accredited program management platform to $1.28bn last year, with strong 2021 momentum in its established European and US admitted subsidiaries, and a pipeline of deals to be unveiled once its E&S platform completes its licensing process.
Axa replaces Swiss Re as main capacity provider for MGA Ensurance
London specialty lines MGA Ensurance has penned a capacity deal with Axa Insurance UK for its core construction and engineering products.
Fortegra adds to E&S build-out with Rockwood professional liability program
AmRisc targets further growth with Transverse and GeoVera capacity
Paragon in shared and layered E&S property tie-up with Nationwide
Applied UW adds admitted carrier and positions TIC for E&S push
Arch Insurance backs cyber MGA Coalition
Program Manager virtual debate
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Viewpoint
How MGAs demonstrate value amid recent shocking under-investment in data
DA Strategy director Charles Rowley provides recommendations for managing the disequilibrium in the delegated authority sector as hard market conditions take hold globally and insurers press for demonstrations of true value in their MGA or coverholder partnerships.
Comment
Fertile ground in the program sector draws fresh interest
Opportunities to access specialty insurance business and potential fee income continue to attract the attention of capacity providers to the US program sector.
M&A
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Program partners & launches
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People Moves
SPG promotes PPIB’s Preston to new development role
Specialty Program Group (SPG) has promoted Susan Preston to director of program development.
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