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Navigating Professional Liability for Design Firms

Insurance Journal

The professional liability market for architects and engineers is continuously adapting to new trends and challenges. These shifts bring both opportunities and obstacles for brokers and design professionals. While there remains a strong interest in this sector and many insurers …

Liability 246
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People Moves: Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability; Miller Launches M&A and Strategic Solutions Team With 3 Senior Hires

Insurance Journal

This edition of International People Moves details appointments at Tokio Marine HCC International and the broker Miller. Tokio Marine HCC Int’l Promotes Gower as Head of Marine and Energy Liability Tokio Marine … A summary of these new hires follows here.

Marine 147
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Markets/Coverages: Novatae Risk Group Launches Misc. Pro Liability Program

Insurance Journal

Novatae Risk Group, a managing general agency, program manager and wholesale brokerage, said it has launched its new miscellaneous professional liability program with a focus on fast quoting for brokers and exceptional claim service for insureds. With underwriting handled in-house …

Liability 246
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People Moves: Benefield Joins B&R as SVP and Broker

Insurance Journal

Brown & Riding, headquartered in Dallas, named Wes Benefield to its national management and professional liability practice as senior vice president and broker, D&O, E&O and cyber. Based in Fort Worth, Benefield has over 11 years of combined retailer, carrier …

Broker 214
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RiverStone in Loss Portfolio Transfer Deal With Lyft Subsidiary

Insurance Journal

to provide a loss portfolio transfer reinsurance for a commercial auto liability portfolio. Guy Carpenter was the broker of … RiverStone International has signed an agreement with Lyft subsidiary Pacific Valley Insurance Co. The deal is effective from Jan.

Liability 251
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Markets/Coverages: Cyber Portfolio Quoting for US Brokers From CFC; New DUAL Fine Art Coverage Capacity; Falcon Risk’s Pro Liability for Agents, Brokers

Insurance Journal

CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for up to thousands of policies. Initially available for CFC’s cyber products, US brokers can now bulk quote their entire book …

Broker 147
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Rate Reductions Begin to Fade for D&O Buyers: Lockton

Insurance Journal

Broker Lockton early this week issued its outlook of the mostly buyer-friendly U.S. property/casualty market with eye on potential changes in directors and officers liability. The latest edition of the Lockton Market Update noted public and private D&O insurance buyers …

Liability 217