CapSpecialty Archives - Carrier Management

CapSpecialty CEO Sennott Steps Down

CapSpecialty, a wholly-owned subsidiary of Alleghany Corporation, announced that Jack Sennott is stepping down from his roles as CEO, president and chair, effective Aug. 31. Alleghany has named Adam ...

How Warren Buffett Does a Deal: Alleghany Merger Backstory

Berkshire Hathaway didn't require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion deal price that Warren Buffett offered to CEO Joseph Brandon in ...

Sennott Named as CapSpecialty’s New Leader; Sills to Retire

CapSpecialty appointed long-time Board member Jack Sennott to be its new chairman, president and CEO. With Sennott's ascent, Stephen Sills, Cap Specialty's head of Professional Liability and Small ...

CapSpecialty Debuts a New, Super-Speedy, Cloud-Based Platform for Brokers

CapSpecialty is bringing some InsurTech sensibilities to the brokers with whom it works. It recently debuted a cloud-based platform designed to drastically simplify how brokers serve small and ...

E&S Deal: CapSpecialty Buys Renewal Rights to Rockhill Environmental Biz from State Auto

Capitol Indemnity Corp., a wholly-owned subsidiary of CapSpecialty Inc., said it has acquired the renewal rights to Rockhill Insurance Group's excess and surplus environmental insurance book of ...

Channeling Disruption: Why Underwriters Need to Rally Around Small Biz Insurance Brokers

The role of the small business insurance broker is under assault as the rise of InsurTech disrupts the traditional insurance value chain. With more than $5 billion invested in InsurTech startups ...