specialty insurance News
American Family Invests in TicketGuardian, Provider of Specialty Insurance for Events, Ticket Holders
American Family Insurance co-led the $8 million Series A financing round for TicketGuardian, an InsurTech startup that helps insure concert and event organizers, as well as customers who buy tickets ...
BHSI Pulls Out of Hong Kong Employees’ Compensation Terrorism Pool
Berkshire Hathaway Specialty Insurance Co. disclosed it has withdrawn from the Hong Kong Employees' Compensation (EC) terrorism pool. BHSI claims to now be the first insurer in Hong Kong to provide ...
Insuring Collectibles: Tales About the Super Rich, Whisky Insurance, and More
With prices of rare whisky soaring into the six and seven digits, ensuring that precious spirit is protected is not only recommended but essential, says Ron Fiamma, head of global collections at ...
Cannabis Industry Has ‘Really Strong Need’ for Specialty Insurance: Expert Perspective
There's "still a really strong need" for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who specializes in the ...
National General Will Buy QBE North America’s Farmers Union Business
QBE North America plans to sell its Farmers Union Insurance business to National General Holdings Corp. for an undisclosed price. The sale reflects QBE North America's ongoing effort to pare down and ...
Cincinnati Financial Will Pay $134M for London Specialty Underwriter Owned by Munich Re
Cincinnati Financial Corp. has agreed to acquire MSP Underwriting Limited, a London-based global specialty underwriter and Munich Re subsidiary, in a bid to diversify its earnings and expand its ...
American Financial Group Boosts Specialty Casualty Cover With $28M ABA Insurance Services Acquisition
American Financial Group has agreed to acquire ABA Insurance Services from American Bankers Mutual Insurance Ltd. in a $28 million cash deal. Based in Shaker Heights, Ohio, ABAIS is a provider of ...
Excess Capacity Is Keeping London Market Insurers’ Profits Under Pressure: Fitch
The profitability of London market and Lloyd's insurers is expected to remain under pressure in 2018, despite the fact that rates improved slightly following the catastrophe losses in the second ...