specialty insurance News
Beazley Unveils Digital Insurance Weather Policy That Relies on ‘Plain English’
Specialist insurer Beazley launched a digital insurance policy in the U.S. that can be customized and describes in plain English precisely what coverage the customer has bought. Beazley Weather Guard ...
Assurant Gets A.M. Best Financial Strength Ratings Affirmation
Assurant can celebrate the fact that A.M. Best affirmed its financial strength ratings, but that news also came with a few words of caution. The ratings agency said that there were a few check marks ...
Nationwide Vet Miller to Launch E&S-Focused Specialty Insurer
Ex-Nationwide veteran executive Mike Miller plans to roll out a new digitally-focused specialty property/casualty insurer. Dubbed Ategrity Specialty Insurance Company, the fledgling insurer will ...
IAT Insurance Will Enter Surety Space With Planned IFIC Acquisition
IAT Insurance Group said it will jump into the surety market with a planned agreement to buy IFIC Surety Group Inc. Neither side is disclosing financial terms of the acquisition deal, which will ...
White Mountains Will Acquire Majority Stake in NSM, a Specialty Insurance Program Administrator
White Mountains Insurance Group plans to acquire a majority equity stake in NSM Insurance Group, a specialty insurance program administrator. The transaction values NSM at about $388 million and ...
Hanover Insurance Considers ‘Possible Sale’ of London Specialty Unit Chaucer
The Hanover Insurance Group is weighing the sale of its international specialty insurance business, London-based Chaucer. The Worcester, Mass.-based company issued a statement confirming that it "is ...
Argo Group Acquires Italian Specialty Insurer Ariscom
Argo Group International Holdings is the proud new owner of Italian specialty insurer Ariscom, giving it an efficient way to expand through Europe. Neither side disclosed financial details. Argo ...
Specialty, Niche Business Lines Are 2018’s Insurance M&A Targets: Conning
Targeted P/C insurance mergers and acquisitions should continue in 2018 after they slowed down to a trickle last year, Conning said in a new report. The predicted M&A behavior for the rest of ...