December ‹ 2017 ‹ Press Releases

Dec

2017

Fidelis adds surety capacity with MGA Firestone

Posted on 15th December 2017 by Gavin Warren and has No comment

Fidelis Insurance (“Fidelis”) today announced that it has taken an equity stake in a new MGA Firestone Surety Limited (“Firestone”), and will be providing underwriting capacity. Firestone will focus on the small and medium-sized enterprises sector of the surety market and will be managed through Pine […]

Dec

2017

Skuld reports positive nine-month result of USD 27 million

Posted on 15th December 2017 by Gavin Warren and has No comment

Skuld, a leading marine insurance provider, ended the first nine months of the 2017/18 reporting year (as at 20 November) with a positive bottom-line result of USD 27 million (up 68.7%, from USD 16 million year-on-year) with the contingency reserve standing at a record high of […]

Dec

2017

Pioneer Underwriters receives approval to start underwriting 1/1/2018

Posted on 14th December 2017 by Gavin Warren and has No comment

Pioneer Underwriters today announces that it has received approval from Lloyd’s for Syndicate 1980 to commence underwriting business attaching on or after 1 January 2018. Pioneer Syndicate 1980 will have a gross premium income of £278m and will underwrite a broad cross-section of business including Property, […]

Dec

2017

Canopius goes live with Flood Re scheme

Posted on 14th December 2017 by Gavin Warren and has No comment

Canopius today announces it has agreed to cede risks to the UK government-backed Flood Re scheme, enabling it to provide more effective insurance for homeowners living in flood prone areas of the UK. Stephen Snook, Head of Canopius UK Specialty, said: “We understand how distressing and […]

Dec

2017

BMS senior hires boost analytical and technological expansion

Posted on 13th December 2017 by Gavin Warren and has No comment

BMS Re US (“BMS”), the independent specialist reinsurance broker, today announces two appointments to the team. The new hires support BMS’ continued commitment to incorporate actuarial and technological expertise into the business as technological disruption permeates the industry. To support this, BMS has formed a Solutions […]

Dec

2017

Pioneer builds E&S Property operation with the appointment of Kellie Reese

Posted on 13th December 2017 by Gavin Warren and has No comment

Pioneer Underwriters (‘Pioneer’) is pleased to announce the appointment of Kellie Reese as an Underwriter in its recently launched E&S Property operation. She will report to Dave Phillips, based in Alpharetta, Georgia. Kellie is an impressive specialist property underwriter with almost 30 years of experience in […]

Dec

2017

ArgoGlobal appoints Elizabeth Mitchell as onshore energy underwriter

Posted on 12th December 2017 by Gavin Warren and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announces the appointment of Elizabeth Mitchell as onshore energy underwriter. She takes up the role immediately and will report to Jodi Davenport, class underwriter, onshore and downstream energy. Elizabeth brings nearly a decade of underwriting experience […]

Dec

2017

Pool Re partners with Cranfield University to appoint a Professor of Terrorism Risk Management and Resilience

Posted on 6th December 2017 by Gavin Warren and has No comment

Pool Re and Cranfield University today announced the appointment of Professor Andrew Silke as the Professor of Terrorism Risk Management and Resilience at Cranfield University. This is a new position which will be co-funded by Pool Re and Cranfield University for an initial five-year period. Silke […]

Dec

2017

Asta strengthens its Lloyd’s Managing Agency board with appointment of Richard Barke

Posted on 6th December 2017 by Gavin Warren and has No comment

Asta, the leading third party managing agent at Lloyd’s, today announced it has appointed its chief actuary, Richard Barke, to serve on its Lloyd’s Managing Agency board, subject to regulatory approval. Barke joined Asta in 2011. He was made deputy chief actuary two years later before […]

Dec

2017

THB appoints Declan Durkan as commercial and placement Director

Posted on 6th December 2017 by Gavin Warren and has No comment

THB, the specialist insurance and reinsurance broker, today announces the appointment of Declan Durkan as commercial and placement director, THB UK Risk Solutions, the combined fleet and commercial operation of THB in the UK. Durkan will take up his new role on 2 January 2018. Reporting […]

Dec

2017

Paraline syndicate 4242

Posted on 4th December 2017 by Gavin Warren and has No comment

Asta, the leading third party managing agent at Lloyd’s, today announces the departure of Megan McConnell as active underwriter of Paraline’s Lloyd’s syndicate 4242. McConnell is pursuing a new opportunity in the London market and is expected to leave Paraline in March 2018. Until that time, […]

Dec

2017

Compre announces succession management changes

Posted on 4th December 2017 by Gavin Warren and has No comment

Compre, the independent insurance and reinsurance legacy specialist, today announces senior management changes, effective March 2018. Nick Steer, a founding director of Compre, will step down as group CEO, but will remain within the group, advising on future acquisitions as non-executive Deputy Chairman. Will Bridger, managing […]

Dec

2017

Argo Insurance announces partnership with Front Line Safety

Posted on 4th December 2017 by Gavin Warren and has No comment

Argo Insurance, a member of Argo Group International Holdings, Ltd.(NASDAQ: AGII), and an international underwriter of specialty insurance and reinsurance products, today announced a partnership with Front Line Safety to enhance value for restaurant and grocery store policyholders. Front Line Safety is one of the top […]