One 80

One80 builds out BOP and WC to small commercial businesses

2020-10-20T19:42:00+01:00

One80 Intermediaries is now offering its admitted business owners policy (BOP) workers compensation coverages to small commercial businesses within low to medium hazard groups.

FactFile-SuttoNational

Sutton National to retain up to 20% on programs

2020-10-20T19:13:00+01:00

Sutton National will seek to differentiate itself in the fronting space with its ability to take up to 20 percent of the risk on certain programs as the start-up addresses an attractive pipeline of deals after securing an A- rating from AM Best earlier today, The Insurer can reveal.

II-Sagesure

Coastal MGU SageSure launches BOP program with SafePort capacity

2020-10-16T22:19:00+01:00

Homeowners insurtech MGU SageSure has launched a business owners policies (BOP) program in South Carolina with A- AM Best paper from SafePort as it broadens its offering into the commercial market.

II-Accredited

AM Best affirms R&Q and Accredited subsidiaries

2020-10-15T19:38:00+01:00

AM Best has affirmed the A- financial strength and “a- ” long-term issuer credit ratings (ICR) of R&Q’s Accredited Surety and Casualty Company (ASC) and Accredited Insurance Europe (AIEL) subsidiaries as it highlighted their pivotal role in the group’s growing program business.

II-Tangram-Markel

Markel provides excess liability capacity to Tangram propane program

2020-10-14T21:17:00+01:00

Markel has partnered with Tangram Insurance Services to provide excess liability capacity that will sit above the MGA’s existing propane and fuel distribution industry program.

PROGRAM PARTNERS & LAUNCHES

Brit, Costero Brokers and Tangram

Brit partners with Tangram and Costero on K&R facility

2020-10-09T09:57:00+01:00

Brit Syndicate at Lloyd’s has partnered with US MGA Tangram Insurance Services and broker Costero Brokers to launch a kidnap & ransom and personal accident facility.

Nexus and Brit

Brit provides capacity for Nexus’ professional liability E&S push

2020-09-29T09:35:00+01:00

London market managing general agent Nexus Group has secured capacity from Brit Syndicates to write professional liability business in the US on an E&S basis, The Insurer can reveal.

II-cowbell-obsidian-benchmark

Cowbell Cyber launches $15mn limits program with Obsidian and Benchmark

2020-09-23T13:03:00+01:00

AI-driven cyber insurtech Cowbell Cyber has unveiled a program called Prime 250 that offers 25 coverages in three packages on the paper of hybrid fronting carriers Obsidian Insurance Company and Benchmark Insurance Company with a panel of global reinsurers behind them.

The PM interview

John Tatum – Axis

Interview: The long-term play

2020-10-14T15:45:00+01:00

Program Manager talks to John Tatum, head of US programs at Axis, about the carrier’s strategy in a burgeoning sector that goes beyond the short-term churn of a transitioning market.

Viewpoint

US coronavirus

BMS’s Chandler calls for consistency on communicable disease exclusions

2020-09-24T20:05:00+01:00

The industry needs to work together to improve communicable disease exclusions resulting from Covid-19, according to BMS’s Pete Chandler, who also identified a robust increase in opportunities in the program administration space.

People Moves

II-SpecialtyPG

SPG adds Allstate’s Lamitola and names Stavrakis Monarch E&S president

2020-10-13T19:28:00+01:00

Hub International’s Specialty Program Group (SPG) has brought in Christopher Lamitola from Allstate as its new chief sales officer while Yiana Stavrakis has moved to a new role as president of Monarch E&S Insurance Services.


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