Illinois-based specialty insurance company Corp has entered into a teaming agreement with Recreation Insurance Specialists (RIS) to underwrite recreation vehicle (RV) insurance for RIS. As part of the agreement, the RLI will write ...
Tags: RIS, insurance, recreation vehicle, RIS'motor homes, travel trailers
ProSight Specialty Insurance has hired Mark Popolano as its Chief Information Officer, as part of its strategy to continue hiring elite industry leadership. With experience in property and casualty insurance, Popolano had held service ...
Tags: ProSight Specialty Insurance, Mark Popolano, Chief Information Officer
US-based specialty insurance brokerage firm, Alliant Insurance Services has appointed Surety executive Lawrence McMahon as the first vice president of the National Association of Surety Bond Producers (NASBP). McMahon, who joined the ...
Tags: Alliant Insurance Services, Lawrence McMahon, NASBP, insurance
UK based Financial Services Authority (FSA) and Lloyd's of London have approved W R Berkley Syndicate Management to work as a Lloyd's managing agent. As per the agreement, effective from 1 June 2012, WR Berkley Syndicate Management will ...
Tags: FSA, W R Berkley Syndicate Management, managing agent, reinsurance
Western Financial has bought BC Yacht Insurance Brokers (BC Yacht), Sidney's only specialized marine insurance brokerage for an undisclosed sum. With the acquisition of Sidney headquartered BC Yacht, Western Financial has acquired two ...
Tags: Western Financial, BC Yacht Insurance Brokers, marine insurance
Alterra Capital Holdings has named Nicholas Conca as the new chief claims officer for insurance, to ensure consistent level of claims service to its insurance policyholders worldwide. With over 20 years of experience in the insurance ...
Tags: Alterra Capital Holdings, Nicholas Conca, insurance officer
US specialty insurance company RLI has acquired Rockbridge Underwriting Agency, which is a general agency specializing in medical malpractice insurance. RLI chairman & CEO Jonathan Michael said the deal will enable the company to tap ...
Specialty insurance firm RLI is set to extend the coverage of its personal umbrella policy for Florida residents by offering a reduced liability attachment point. According to the provider, Personal umbrella coverage will be made ...
Tags: RLI, personal umbrella policy, reduced liability attachment, insurance
W. R. Berkley has appointed Michael Connor as president of Continental Western Group, a provider of commercial insurance services. Connor succeeds Bradley Kuster, who will oversee other activities within the WRB group of companies. ...
Tags: Continental Western Group, commercial insurance, insurance service
RLI, a specialty insurance company, has promoted both Jennifer Klobnak and Chris Randall to vice president, risk services. According to the underwriter, Klobnak will oversee property and personal lines products, while Randall will ...
Tags: RLI, Jennifer Klobnak, Chris Randall, vice president, risk service
RLI Corp, a specialty insurance company, has introduced a new security guard and alarm systems liability insurance product for security insurance companies. The company has also appointed Mitchell Bombet as Underwriting Director to ...
Tags: RLI Corp, specialty insurance, security guard, alarm system, insurance
Allied World Assurance Company has selected Iain MacLeod as senior vice president, Asia-Pacific, to manage distribution management and regional business development for all direct and facultative lines, including casualty, environmental, ...
Tags: Allied World Assurance Company, MacLeod, distribution management
US wholesale insurance broker AmWINS Group has completed the recapitalization with New Mountain Capital, a New York‐based private equity firm. AmWINS CEO Steven DeCarlo said the newly established partnership is an important next ...
Tags: wholesale insurance, AmWINS Group, recapitalization, equity firm
American Financial Group has reported net earnings attributable to shareholders of $226m or $2.39 per share for the third quarter of 2012, with an increase of 133% from $97m, or $0.95 per share, during the same period last year. Its core ...
Tags: American Financial Group, net earnings, quarter 3, shareholder
Alterra America Insurance Company, a wholly-owned subsidiary of Alterra Capital Holdings, has signed an agreement with Ullico Casualty Group (UCG), to venture into the US multiemployer and governmental fiduciary liability and union ...