Recent Member News

April 15, 2019 - Arch Insurance North America, a unit of Bermuda-based Arch Capital Ltd., said Thursday it has entered into a definitive agreement to acquire Ventus Risk Management, an insurtech managing general underwriter that specializes in coastal commercial property for small and midsize enterprises.

August 15, 2019 - Todd Jones, former global head of corporate risk and broking at Willis Towers Watson PLC, will join QBE Insurance Group Ltd. on Oct. 1 as CEO of North America, the Australia-based insurer announced Thursday.

SUMMIT, N.J., Aug. 14, 2019 /PRNewswire/ -- Specialty Program Group LLC (SPG), a leading operator of specialty insurance brokerages and underwriting facilities, announced today that it has acquired the assets of The Mechanic Group, Inc. (TMG), a leading specialty insurance program manager. Terms of the acquisition were not disclosed.

August 13, 2019 - HDI Global Insurance Company has announced the appointment of Patricia Ryan as senior vice president, general counsel and corporate secretary. Ryan succeeds David Neumeister, who has decided to return to private practice after more than a decade with HDI.

August 9, 2019 - Newport Beach, California-based Alliant Insurance Services has hired Dan Madej in Chicago to serve as senior vice president, Public Entity.

August 9, 2019 - Everest Insurance has released a new Everest Elevation REIT Management Liability Policy (Everest Elevation), which provides management liability coverage for real estate investment trusts (REITs). The Financial Lines group at Everest Insurance offers industry-specific management liability insurance on a primary and excess basis.

August 5, 2019 - Dallas-based property/casualty insurance wholesaler and managing general agent (MGA), U.S. Risk LLC, has acquired U.S. E&O Brokers (U.S. E&O), a wholesale broker and MGA.

August 1, 2019 - International specialist insurer Hiscox has announced the appointment of Megan McConnell as chief underwriting officer in the US. McConnell will be based in New York and will report to Steve Langan, CEO for Hiscox USA.

July 31, 2019 - Arch Capital Group Ltd. has entered into an agreement to acquire Barbican Group Holdings Limited (Barbican). 

July 30, 2019 - Norman-Spencer Agency, based in Dayton, Ohio, is now offering an insurance program that provides expense coverage due to closing delays for home buyers — Insure My Closing.

July 30, 2019 - Bermuda-based specialty insurance provider Sompo International Holdings Ltd. subsidiary Sompo Global Risk Solutions (GRS) has entered into a strategic partnership with VGM Insurance & Financial Solutions (VGM) to offer its insurance products and services to golf courses and country clubs.

July 29, 2019 - AXA XL’s U.S. marine insurance business and Vindati, an insurtech managing general underwriter (MGU) offering specialty products and an integrated shopping experience for brokers and agents, have partnered to offer ocean cargo insurance for small and middle-sized businesses via Vindati’s online platform.

July 24, 2019 - Specialist global insurer Hiscox has introduced a new security product in response to what it sees as a growing threat.

July 24, 2019 - AXA XL, the property & casualty (P&C) and specialty risk division of AXA Group, is having a busy week in terms of appointments.

July 24, 3019 - Munich Re has entered into a partnership with Roomer Travel – a US/Israeli startup marketplace for reselling and booking non-refundable hotel rooms – to create an insurance solution.