XPT Specialty adds three underwriters to drive regional growth

[ad_1] XPT Specialty, a wholesale broker for commercial and personal insurance, has announced the appointment of three new underwriters: Will Pinson, Janet Christenberry, and Charles Bethishou. The hires expand XPT Specialty’s operations into Atlanta and North Carolina, bringing a strong blend of underwriting expertise, established market relationships, and regional insights. Will Pinson has been named … Read more

Coterie Insurance names Mike Albert and Allan Egbert to technology leadership roles

[ad_1] Coterie Insurance, a tech-enabled and data-focused managing general agent (MGA), has appointed Mike Albert as Chief Technology Officer and Allan Egbert as Chief Platform Officer. Albert and Egbert have worked with Coterie as advisors since early 2025. The two previously co-founded Ask Kodiak, an insurtech that built an appetite and eligibility platform used in … Read more

MGA sector delivers strong growth and industry impact in 2025: MGAA

[ad_1] The Managing General Agents’ Association (MGAA) has released its 2025 Annual Report, highlighting “a year of strong growth, innovation, and industry-wide impact across the MGA sector.” The report, which covers the period from August 2024 to July 2025, underscores the MGAA’s role as the voice for delegated underwriting in the UK & Ireland, with … Read more

AM Best data highlights strong life reinsurer performance in 2024

[ad_1] Reinsurance Group of America (RGA) is the world’s largest reinsurer focused solely on life reinsurance and ranks third overall among companies that also write non-life reinsurance, based on AM Best’s full-year 2024 data for firms reporting under non-IFRS 17. In AM Best’s Top Global Reinsurance Groups rankings, RGA rose from fourth place in 2023 … Read more

Pen Underwriting partners with Bridgehaven to support UK solicitors’ PI market

[ad_1] Pen Underwriting, the multi-class multi-territory managing general agent, has struck a strategic partnership with hybrid insurer Bridgehaven Specialty UK Limited, in support of the UK solicitors’ professional indemnity (PI) market. According to Pen Underwriting, the new agreement will see Bridgehaven provide capacity for its solicitors’ PI portfolio and underwriting footprint, which ranges from select … Read more

Hadron completes acquisition of GCNA from IFC subsidiary

[ad_1] Hadron, an insurance carrier focused on innovation in the delegated authority space, today announced the successful completion of its acquisition of The Guarantee Company of North America USA (GCNA) from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation. The acquisition, which was first announced in April this year, marks Hadron’s second since … Read more

Allstate estimates $184m in catastrophe losses for July

[ad_1] The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $184 million or $145 million, after-tax for July. The company reported that the cat losses stemmed from 19 wind and hail events. By comparison, estimated catastrophe losses for July 2024 were much higher at $587 … Read more

Brian Glod to lead Marsh’s Aviation and Space as Global Head

[ad_1] Insurance broker and risk advisor Marsh, a Marsh McLennan business, has announced the appointments of Brian Glod as Global Head of Aviation and Space and Tony Ambrose as Global Chairman of Aviation and Space, effective September 1. Based in New York, Glod will join Marsh’s Global Specialty Executive Committee and report to Andrew George, … Read more

Balance of power ‘slowly shifting back towards buyers’ ahead of Jan ’26 renewals: Antares CEO

[ad_1] Mike van der Straaten, Chief Executive Officer of Antares Global, a provider of insurance and reinsurance capacity, has said that the balance of power is shifting back towards buyers of reinsurance, with greater competition and gradually returning capacity poised to put downward pressure on rates ahead of the January 1st, 2026, renewals. Overall, Antares … Read more

Markel Insurance names Alain Paris as Product Line Leader for Primary Casualty

[ad_1] Markel Insurance, the insurance division of Markel Group Inc., has appointed Alain Paris as Vice President, Product Line Leader – Primary Casualty, effective immediately. In this new role, Paris will be responsible for leading the primary casualty product line across Canada, working closely with technical and field underwriting teams. The firm notes that the … Read more

GCC Islamic insurers set for earnings decline in 2025 despite strong revenue growth: S&P

[ad_1] Islamic and Takaful insurers in the Gulf Cooperation Council (GCC) are expected to see a sharp decline in earnings in 2025, despite continuing to benefit from solid revenue growth, according to S&P Global Ratings. S&P, a provider of credit ratings, research, and analytics worldwide, indicates that while the sector has strong top-line prospects, a … Read more

AXA XL adds Eric Judd as Executive Underwriter in New York

[ad_1] AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has appointed Eric Judd as an Executive Underwriter, based in New York, as the firm continues to build its energy underwriting team in the Americas. Judd brings over three decades of experience in the insurance and energy industries to … Read more

Casualty reinsurance could reach tipping point if legal trends fail to stabilise: AM Best

[ad_1] According to AM Best, a credit rating agency and data provider specialising in the insurance industry, unstable legal trends in the US could cause casualty reinsurance to reach a tipping point where pricing no longer compensates for the volatility. In AM Best’s recent reinsurance sector report, analysts highlight how legal system abuse has disrupted … Read more

Ryan Financial Lines expands IAB E&O Program with admitted product

[ad_1] Ryan Financial Lines, a managing general underwriter (MGU) within Ryan Specialty Underwriting Managers, has expanded its national Insurance Agents & Brokers (IAB) E&O Program to offer an admitted product available in all US states except Connecticut, New York, Alaska, and Hawaii. Designed for retail agents, this expansion underscores Ryan Financial Lines’ commitment to delivering … Read more

Rising wildfire risk puts millions of western US homes in danger: Cotality

[ad_1] Wildfires, once primarily associated with a seasonal pattern, are now a year-round threat across the Western United States, according to the 2025 Cotality Wildfire Risk Report: Priced Out & Burned Out. The report, released today by Cotality, a provider of property data and analytics solutions, highlights the growing vulnerability of homes to wildfire hazards. … Read more

Chaucer goes live with WCL’s Alternate Solution ahead of Blueprint 2

[ad_1] Chaucer Group is now live with Web Connectivity Limited’s (WCL) messaging solution Alternate, in preparation for Blueprint 2, the transformation project in the London market that plans to update the central market messaging infrastructure. Alternate will allow Chaucer to process ‘unsupported’ messages from Velonetic, an insurance technology solutions provider. Hayley Spink, Chaucer Chief Operating … Read more