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Surplus Lines Commercial Growth; Fla. Litigation Costs Reach New High in 2023

Jul 17 2024 // Two recent reports reflect trends in Florida’s property insurance market, including the continued growth of surplus lines’ business and an uptick last year in litigation costs for carriers. The Florida Surplus...

People Moves: Aon Taps Thomas From Lloyd’s as Head of Lloyd’s Capital; McLarens Names 2 Leadership Appointments in Latin America

Jul 16 2024 // This edition of International People Moves details appointments at the broker Aon and claims services provider McLarens. A summary of these new hires follows here. Insurance broker Aon plc appointed Ed Thomas as head of...

How to Dance the Surplus Lines Tax Tango

Jul 16 2024 // This post is part of a series sponsored by AgentSync. Surplus lines, also called surplus and excess lines, is a tricksome area of insurance, thanks in part to the fact that surplus lines business often comes with premium...

Lloyd’s Insurer AEGIS London Launches Data Science and Analytics Team

Jul 15 2024 // AEGIS London, the London-based Lloyd’s syndicate, has established a new Data Science and Analytics team to enhance underwriting capabilities and data-driven initiatives. Led by Giuseppe D’Angelo, head of Data...

Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS

Jul 12 2024 // Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter...

Aviva Completes Acquisition of Probitas, Re-entering Lloyd’s After More Than 20 Years

Jul 11 2024 // UK insurer Aviva announced it has completed the acquisition of Probitas Holdings (Bermuda) Ltd., which marks the company’s return to the Lloyd’s market after a hiatus of more than 20 years. The deal with...

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