Recent Member News

IBA - March 31, 2020 - Sompo International Holdings has announced the appointment of Michael P. Carroll as senior vice president and deputy head of life sciences for Sompo Global Risk Solutions (GRS). He will report to Lisa Davis, executive vice president of Sompo GRS.

IBA - March 30, 2020 - Private-equity firm Genstar Capital has announced that it has partnered with insurance industry executives to establish Obsidian Insurance Holdings, a new fronting insurance holding company, with $100 million of capital.

BI - March 25, 2020 - K2 Insurance Services LLC named Mark Smith president, the San Diego-based program manager said in a statement Wednesday.

IBA - March 23, 2020 - Neptune Flood Inc., an all-digital, online flood insurance company, has opened for business in Arkansas and Illinois. Households in these states now have access to Neptune’s simple flood insurance solution.

IBA - Marh 19, 2020 - Sompo International recently appointed David Carter as chief underwriting officer (CUO) and executive vice president of its Sompo Global Risk Solutions (GRS) strategic business unit.

IJ - March 17, 2020 - The Target Market Program Administrators Association has become the latest insurance organization to cancel a meeting. TMPAA Executive Director Ray Scotto announced that the 2020 TMPAA Mid-Year Meeting planned for Tampa on May 4-6 will not be held.

March 17, 2020 - Allstar Underwriters has expanded its transportation insurance program – the program now includes coverage for public transportation.

March 17, 2020 - Canopius Group Limited has acquired specialty reinsurance group Multi-Strat Holdings (MultiStrat). 

IBA - March 16, 2020 - EPIC Insurance Brokers & Consultants has hired Nick Nelson to serve as the company’s senior vice-president of its property and casualty practice.

IBA - March 16, 2020 - US P&C insurance company Amerisure has partnered with Insurance & Mobility Solutions (IMS) to launch a new usage-based insurance (UBI) program for commercial fleets in Michigan.

March 13, 2020 - Brown & Brown has revealed that one of its subsidiaries – Hull & Company – has acquired all the assets of The Colonial Group and its affiliate, Colonial Premium Finance Company.

March 13, 2020 - INSTANDA, the leading customer and policy management platform for the insurance industry, has completed a $19.5m Series A fundraising round, the company has announced today. Led by Assembly Capital Partners the investment will support the firm’s international expansion in the United States, Europe, Asia and Latin America following several years of triple digit growth.

IJ - March 12, 2020 - Beazley has made its flagship cyber product, Beazley Breach Response (BBR), available to brokers of small and medium-sized business through the myBeazley platform in the U.S., speeding up the time required to obtain a bindable BBR quote.

IJ - March 12, 2020 - QBE North America announced the appointment of Dan Moore as chief operating officer, effective immediately. In this role, he will lead Claims, Technology and Operations and oversee communications and branding. He had been serving as the chief operating officer on an interim basis since January 30 of this year.

BI - March 10, 2020 - Victor Insurance Holdings, the world’s largest managing general underwriter (MGU), has a new CEO. The Marsh subsidiary today announced that Brian Hanuschak (pictured), former president of Victor North America, will take the post immediately.