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Markets/Coverages: High-End Home Insurer Openly Enters Virginia

Jul 10 2024 // Home insurer Openly has begun offering its coverage options to independent insurance agents and their policyholders in Virginia. Already active in 23 states, the upmarket home insurer said it is launching in Virginia with...

Howden Enters Japanese Market, Invests in Keystone ILS Capital

Jul 3 2024 // Howden, the London-based insurance intermediary group, announced its entry into the Japanese market, launching Howden Re Japan Ltd. and an ILS partnership with Keystone ILS Capital. Howden also announced the appointment of...

Coverys Launches London Market Insurer, Approved to Write US E&S Business

Jul 2 2024 // Coverys Ltd., a UK entity in the Coverys Group of Companies, has received regulatory authority to launch a London company market insurer, effective June 26. Coverys Ltd. is part of Coverys’ dedicated London platforms...

Ryan Specialty Announces Succession Plan: Pat Ryan to Exec Chair, Turner to Be CEO

Jul 1 2024 // Ryan Specialty Holdings, Inc. said company founder, chairman and chief executive Patrick G. Ryan will move to an executive chairman role and Timothy W. Turner will take over as will become CEO. Turner is currently...

BMS Australia Launches Agriculture Business

Jun 28 2024 // BMS Australia, the London-based specialist insurance and reinsurance broker, announced the launch of its Agriculture business with Ceri Martin appointed to lead the division. The establishment of this new business is part...

Markets/Coverages: Howden Launches 1st Carbon Credits Warranty & Indemnity Insurance Policy

Jun 24 2024 // Howden, the London-based insurance intermediary group, announced the placement of the first carbon credits warranty and indemnity (W&I) insurance policy. The W&I policy provided insurance cover on the sale of...

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