First Indemnity launches new excess casualty coverage
First Indemnity Insurance Group has launched a new excess casualty lawyers professional liability product for law firms with one to 750 attorneys in response to rising rates and restricted capacity in the sector.
Euclid Transactional adds two underwriters to NY-based team
M&A insurance-focused MGA Euclid Transactional has added two new underwriters to its New York operation with the hiring of Andrea Lawrence and Corey Connelly.
Burns & Wilcox hires Sforzo for newly created claims director role
Burns & Wilcox has recruited Rick Sforzo for its newly created director of claims role with the executive joining the wholesaler and MGA platform from NationsBuilders Insurance Services (NBIS).
Grange re-emerges at Brown & Brown’s Tampa Programs
Former QBE North America and Argo executive Jeff Grange has joined Brown & Brown’s Tampa Programs operation as president, succeeding Susan Heath who has retired.
TMPAA Panel: “Renewed sense of optimism” in program market
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.
Best's PA
AM Best move validates Ethos Specialty’s “virtual insurer” model: Zaffino
In an interview with this publication, Ascot group president Jonathan Zaffino said that AM Best’s move to initiate performance assessments for delegated underwriting authority enterprises (DUAEs) validates the group’s efforts in the expansive build out of its MGU Ethos Specialty.
Comment
Performance assessments: catalyst for further change?
There are less than two weeks before the 3 May deadline for feedback on the methodology that will drive Best’s Performance Assessment for MGAs, MGUs, program administrators and other delegated underwriting authority enterprises (DUAEs).
M&A
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Program partners & launches
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People Moves
Euclid Transactional adds two underwriters to NY-based team
M&A insurance-focused MGA Euclid Transactional has added two new underwriters to its New York operation with the hiring of Andrea Lawrence and Corey Connelly.
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