Recent Member News

IJ - July 30, 2021 - At-Bay pulled in a whopping $185 million in new financing that the cyber insurance startup plans to use for new product development, expansion into new markets and hiring more employees.

IJ - July 29, 2021 - The Hanover Insurance Group Inc. said it has enhanced its product suites for lawyers and healthcare facilities.

BI - July 29, 2021 - (Reuters) — Lloyd's of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said Thursday.

BI - July 29, 2021 - Broker BRP Group Inc. said Friday that its Millennial Specialty Insurance LLC unit had acquired FounderShield LLC, AlphaRoot LLC, ReShield LLC and Scale Underwriting Services LLC, collectively known as Founder Shield, a New York-based insurtech company.

IBA - July 27, 2021 - Independent specialist insurance and reinsurance broker BMS has announced the appointments of Nick Hocking and Tony Cuthbertson as directors of its marine division. Both will be based in London and will report to John Hoare, managing director of BMS marine.

BI - July 27, 2021 - (Reuters) — Cyber insurance startup At-Bay Inc. said Tuesday it raised $185 million at a $1.35 billion valuation to expand its business as many in the cyber industry face growing losses due to ransomware attacks.

IJ - July 22, 2021 - American International Group Inc., one of the largest U.S. insurers, has set Sept. 14 as its global return-to-office date, Chief Executive Officer Peter Zaffino told employees on Wednesday in a memo seen by Reuters.

IBA - July 22, 2021 - Wholesale broker and managing general agency Risk Placement Services (RPS) has announced that its technology errors and omissions product with cyber risk coverage is now available online through the RPS Small Business Platform.

NEWTOWN SQUARE, PA., JULY 13, 2021 - Martin & Company is a leading consulting & advisory firm to the insurance industry and has announced exciting new enhancements to their SaaS Data Solutions. 

IJ - July 20, 2021 - Austin, Texas-based Incline P&C Group, through its Incline Casualty Co., is partnering with CRC Group’s 5Star Specialty Programs on transportation risks.

July 19, 2021 - With a focus on delivering unmatched underwriting acumen via programs that fill complex needs within the market, Amwins Underwriting is excited to announce the launch of two new Oil and Gas programs: Oil & Gas Consultants and Increased Cost of Drilling and/or Completion.

IJ - July 15, 2021 - Milliman Appleseed, the new advisory and rating organization of actuarial firm Milliman, is offering insurers a simplified product developed by Swiss Re that makes it easier for insurers to enter the flood insurance market.

BI - July 14, 2021 - Former Euler Hermes Group S.A. official Jay Rose has been named senior vice president of Alliant Insurance Services Inc.’s Alliant Underwriting Solutions division.

IBA - July 13, 2021 - Beazley has announced the appointment of Troy Dehmann as its new chief operating officer.

IJ - July 12, 2021 - Insurer Liberty Mutual reported that it will acquire State Auto Group, a super-regional insurance holding company headquartered in Columbus, Ohio.