AmWins trucks

AmWINS names new leader for Lloyd’s-backed trucking program

2020-08-04T02:42:00+01:00

AmWINS has appointed Libby Smith as the new program leader for its Lloyd’s-backed truck brokers’ contingent liability offering.

Axon

Axon buys AGCS US products recall book

2020-08-03T14:50:00+01:00

Axon Underwriting Services is set to build its contaminated and consumer products recall book with a deal to buy a renewal portfolio from Allianz Global Corporate & Specialty (AGCS), after setting up a new crisis management unit staffed by former AGCS executives earlier this year.

Sheree Davis – Breck

Breckenridge to launch Texas non-standard auto program with Davis hire

2020-07-31T16:35:00+01:00

Wholesaler, program manager and MGA Breckenridge Insurance Group has hired former Apollo, Newport General and Tri-Star executive Sheree Davis to launch a new non-standard auto program in Texas.

Brown & Brown Q2 results

Start-up capital could impact organic growth: Brown & Brown

2020-07-28T15:55:00+01:00

Surging organic growth in Brown & Brown’s programs business of 15.5 percent for the second quarter helped keep it just about in positive territory overall, but new start-up capital coming into the segment could temper that performance later this year, according to the intermediary’s CEO.

Erin Crawford Peterson – Venture

Venture launches nonprofits program with GuideOne hire

2020-07-28T15:45:00+01:00

Venture Insurance Programs has revealed a new insurance program for community and social services, including nonprofits and for-profits, with former GuideOne underwriter Erin Crawford Peterson as practice leader.

M&A

II-Constellation-redbird-allstar

RedBird-backed Constellation buys into Allstar Financial

2020-07-17T19:27:00+01:00

Bill Goldstein-led consolidator platform Constellation Affiliated Partners has already completed a number of acquisitions including a buy-in to MGA and wholesale broking platform Allstar Financial, The Insurer can reveal.

II-FireFighters

Trean buys workers comp program manager 7710 Insurance

2020-07-17T17:41:00+01:00

Benchmark Holding Company, a subsidiary of newly-floated Trean Insurance Group, has announced the acquisition of 7710 Insurance Company, a workers compensation program manager run by former Carvill and CNA Re executive Bill Adamson.

Specialty Program Group and Beacon Hill

SPG buys environmental wholesale broker Beacon Hill Associates

2020-07-08T15:20:00+01:00

Hub International’s Specialty Program Group (SPG) has announced its second acquisition of the week with a deal to buy environmental wholesale brokerage firm Beacon Hill Associates (BHA).

Ambac and Everspan

A heftier addition…

2020-07-17T11:42:00+01:00

News broken by The Insurer that rehabilitated Ambac is lining up a live insurance platform that looks set to include a program fronting capability raises the prospect of a fresh addition to the already swollen ranks of vehicles that have rolled off the production line over the last few years.

Florida

Florida opportunity draws interest

2020-07-06T12:13:00+01:00

The well-documented woes of the Florida homeowners market might not paint a picture of a burgeoning opportunity for new entrants, but a number of recent developments point to fresh interest in the Sunshine State.

Company Profile

Trean

Trean IPO to help fuel growth and retain more business

2020-06-23T21:52:00+01:00

Program carrier and MGA platform Trean Insurance Group (TIG) will use a portion of proceeds from its planned IPO to add to its capital base in a move it says will give it the opportunity to access additional business.

Podcast

Neptune and Hippo

Spinnaker acquisition to facilitate geographic expansion as Hippo targets Florida

2020-07-02T04:53:00+01:00

Homeowners insurtech Hippo will use pending acquisition Spinnaker to facilitate its geographic and product expansion as it also looks to a future entry into the Florida market, according to the MGA’s chief insurance officer Rick McCathron.

People Moves

AmWins trucks

AmWINS names new leader for Lloyd’s-backed trucking program

2020-08-04T02:42:00+01:00

AmWINS has appointed Libby Smith as the new program leader for its Lloyd’s-backed truck brokers’ contingent liability offering.


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