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February 2, 2021
policy issuance to rapidly and cost-effectively launch new products for General Liability, Commercial Property, Business Owner Package, and Inland Marine. Founded in 2003, over the years UFCIC has expanded with licenses to sell surety bond coverage in 40 states and commercial P&C products in 24 states with more state licenses in progress. However, this innovation-driven company is not bound by the monolithic technology approaches many insurers still use today, and has invested in ClarionDoor’...
January 6, 2021
3 months ago Commercial MGA to use Nexilis Distribution in the cloud to create efficiency and cost savings as it reimagines its Underwriting and Distribution operations. EAST AURORA, N.Y. & HASBROUCK HEIGHTS, N.J.–(BUSINESS WIRE)–Nexilis, an Insurtech providing a P&C Insurance as a Service platform and related services, and W.H. Greene & Associates (WH Greene), a New York based Commercial Underwriter of Umbrella/Excess, NYS Contractors General Liability, and ...
January 6, 2021
AXA XL Announces Three Promotions for US Risk Management Team News provided by Share this article NEW YORK, Jan. 6, 2021 /PRNewswire/ -- AXA XL today announced the promotions of Jason Mandik to Vice President, Head of the Chicago-based US Risk Management team in the US Central Zone, Sandra Clarke to Vice President, National Practice Leader for Temporary Staffing and Jessica Carpita to Senior Casualty Underwriter, US Risk Management. "Each of these individuals has contributed to the suc...
December 31, 2020
Fleming Reinsurance Ltd. announced the creation of a custom reinsurance facility with BevCap P&C Protected Cell, Inc, with the facility aiming to provide “BevCap’s members the ability to eliminate seasoned risks by providing full economic and legal finality and on an annual basis.” A spokesperson said, “The facility provides BevCap’s members the ability to eliminate seasoned risks by providing full economic and legal finality and on an annual basis. Within a single flexible structure,...
December 29, 2020
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Constellation Affiliated Partners Acquires Coastal Insurance Underwriters and Cybercom Constellation Affiliated PartnersDecember 29, 2020 GMT NEW YORK, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Constellation Affiliated Partners (Constellation) today announced the acquisition of Coastal Insurance Underwriters (Coastal) and Cybercom. Financial terms of the transaction were not disclosed. Through the acquisiti...
December 29, 2020
Share: NEW YORK, Dec. 29, 2020 (GLOBE NEWSWIRE) -- Constellation Affiliated Partners (Constellation) today announced the acquisition of Coastal Insurance Underwriters (Coastal) and Cybercom. Financial terms of the transaction were not disclosed. Through the acquisition of Coastal and Cybercom, Constellation will continue to expand its product offerings to the Condominium Association and Homeowners Association marketplace. "These new business classes complement many of our existing programs an...
December 18, 2020
Thu December 17, 2020 - National Edition #26 Lucy Perry â CEG CORRESPONDENT Contractors are carefully watching trends in risk coverage during the pandemic. Top of mind are COVID-19 privacy and liability employment issues, how to present as a best-in-class risk to underwriters, workerâs compensation eligibility, claims and coverage. As construction contractors work through the coronavirus pandemic, many are keeping an eye on the pandemics effect on their risk management policies. The ...
December 17, 2020
SynchronoSure® And Sutton Specialty Insurance Announce Partnership For Property and Casualty Products For The Gig Economy And Truckers GL News provided by Share this article Share this article RALEIGH, N.C., Dec. 17, 2020 /PRNewswire/ -- Synchrono Group, Inc., doing business under its trademark SynchronoSure®, has entered into a partnership with Sutton Specialty Insurance Company for P&C insurance products geared for the ever growing Gig Economy and Truckers General Liability. SynchronoSure®...
December 16, 2020
SynchronoSure® and American European expand their partnership to include Trucker General Liability for small trucking firms News provided by Share this article Share this article RALEIGH, N.C., Dec. 16, 2020 /PRNewswire/ -- Synchrono Group, Inc., doing business under its trademark SynchronoSure®, and American European Insurance Group (AEIG) have expanded their previously announced partnership to include coverage for Trucker General Liability insurance for small trucking companies. Sync...