Marine and aviation insurance companies

Insurance moves: Ardonagh, Gallagher, AXA XL, Arch, Fidelis, DAC Beachcroft

Ardonagh names the first CFO and COO of its combined MGA platform as Gallagher plans a year-long UK COO handover

Marsh acquires Triton Insurance Agency to expand yacht insurance business

Marsh acquires Triton Insurance Agency

The acquisition expands Marsh Agency’s marine insurance expertise.

Marsh Acquires Marine and Yacht Specialist Triton Agency

Global insurance broker Marsh today announced it has acquired Triton Insurance Agency, LLC, a Newport, Rhode Island-based agency specializing in marine and yacht insurance. Triton will become part of Marsh Agency. Bob…

Ardonagh to bring global MGA businesses under Orvia brand

Orvia covers professional, financial, high-net-worth, marine, cyber, P&C and specialty lines.

Ardonagh rebrands MGA operations as Orvia Underwriting, unifying $3bn in GWP

The Ardonagh Group, a large independent insurance distribution platform, has announced it will adopt the Orvia Underwriting brand across its suite of leading managing general agent (MGA) businesses. The unified platform…

Ardonagh takes Orvia brand global with US$3bn MGA platform

Geo Underwriting, Envest and Antarah to rebrand as Orvia in a single-identity push across UK, ANZ and MENA

Centerline offers cargo insurance quoting through ChatGPT

The app supports U.S. and Mexico shipping lanes.

Skuld restructures underwriting and regional operations

Chief financial officer Kristian Løberg will become chief underwriting officer.

Banyan Risk US E&S Casualty expansion marks next phase of growth strategy

Banyan Risk, the specialty managing general agent (MGA), has announced the expansion of its Casualty platform into the United States excess and surplus (E&S) market. Insurance capacity will be provided by Accredited…

Banyan Risk takes casualty platform into US E&S with Accredited capacity

The Bermuda MGA, which launched a wildfire venture last month, now plans to build a US casualty underwriting team

Novacore expands US InsurTech footprint with Diesel acquisition

Novacore to acquire Diesel Insurance Solutions to add cross-border trucking cover

Novacore has agreed to acquire Diesel Insurance Solutions, a California-based managing general underwriter specialising in cross-border trucking, physical damage, and cargo insurance. Financial terms were not disclosed.

Novacore to acquire Diesel Insurance Solutions

Diesel Insurance Solutions a California MGU specializing in cross-border trucking, physical damage, and cargo coverage.

Novacore agrees to buy Diesel Insurance Solutions to add cross-border trucking cover

The New Mountain-backed platform adds a California MGU led by Cover Whale co-founder Jason Wexler, with terms undisclosed

Fitch upgrades Beazley’s rating, cites strategic importance to Zurich

After Zurich Insurance Group completed its 100% acquisition of specialist insurer Beazley, Fitch Ratings has upgraded the Insurer Financial Strength (IFS) Rating of Beazley Insurance DAC to ‘AA’ from ‘A+’, and also…

Indemni Secures $4M Investment to Further Enhance Data-Led Insurance Technology

Markets/Coverages: Specialty MGA Banyan Launches Red Fox Risk for Wildfires

Specialty managing general agent Banyan Risk said it launched Red Fox Risk Ltd, a new underwriting venture focused on wildfire-exposed property risk in the U.S. The business will be led by Brian Espie as CEO and Sarah…

Chaucer and Indemni new US Cargo proposition to target strategic theft

Global specialty reinsurance and insurance group Chaucer has partnered with Indemni, a technology-led cargo risk specialist and newly approved Lloyd’s coverholder, to launch a specialist US cargo insurance proposition…

Zurich Insurance Completes Beazley Acquisition

Zurich Insurance Group Completes Acquisition of Beazley, Names New Leadership for Insurer

Zurich Insurance Group has completed its £8.1 billion ($10.7 billion) acquisition of Lloyd’s insurer Beazley, effective Oct. 1. Beazley shares were suspended from the London Stock Exchange on Oct. 1, while delisting…

Kristof Terryn to lead ‘world’s largest’ specialty insurance business as Beazley joins Zurich

Kristof Terryn has been appointed CEO of Beazley and Zurich Global Specialty, subject to regulatory approval, following Zurich’s £8.1bn acquisition of Beazley, creating what it describes as the world’s largest specialty…

Update: Zurich Insurance Completes Acquisition of Beazley, Names New Beazley CEO

Zurich Insurance Group has completed its £8.1 billion ($10.7 billion) of Lloyd’s insurer Beazley, effective Oct. 1. Beazley shares were suspended from the London Stock Exchange and delisting occurred on Oct. 2. Under…

Banyan Risk launches new wildfire underwriting venture

Specialist managing general agent (MGA) Banyan Risk has announced the launch of Red Fox, a new specialist underwriting venture focused on wildfire-exposed property risk in the United States. The new venture will operate…

Insurwave adds live exposure tracking to revamped platform

Insurance moves: Antares, HIVE, Santam Syndicate and HDI Global

HIVE hires Sompo's Richard Brown to launch property D&F as Santam Syndicate 1918 names a COO from Volante

Beazley confirms AI-affirmative cyber insurance coverage

Beazley builds out cyber offering as AI risks grow

London-headquartered specialist insurer Beazley has unveiled new cyber cover to support businesses in managing the risks arising from their own use of AI. The announcement follows Beazley’s recent confirmation of its…

IUMI weighs bigger role in freight forwarding liability

The subline still lacks the aggregated premium and loss data marine cargo insurance has long had

Beazley adds affirmative AI cover in cyber and tech E&O policies

Specialty insurer Beazley is now including affirmative artificial intelligence (AI) cover in its cyber and tech Errors and Omissions (E&O) policies. Affirmative AI cover indicates that an insurance policy states…

Insurance moves: Skyline Public, Marsh, Smart Choice, HDI and Verisk

They include a new VP of AI strategy and a new CMO

Zurich’s £8.1bn Beazley acquisition to complete October 1 following regulatory clearance

Zurich Insurance and Beazley have confirmed that Zurich’s recommended all-cash acquisition of the London-headquartered specialist insurer is on track to take effect on 1 October 2026, after all required regulatory…

‘Flight to quality’ creates opening for HDI Global’s US push: CEO

Cyber and casualty are central to the expansion plans, but Shadi Albert says profitable growth and disciplined underwriting will guide the strategy

Samsung insurers plan to buy Canopius

The South Korean insurers are expected to sign a deal with major share owners including asset manager Centerbridge Partners.

Reports suggest Samsung Fire & Marine plans to increase stake in Canopius

Reports have emerged suggesting that Samsung Fire & Marine Insurance and Samsung Life Insurance, both part of South Korea’s Samsung Group, are planning to acquire an additional 50% stake in specialty and P&C re/insurer…

Samsung-Affiliated Insurers Plan to Buy Canopius for $1.5 Billion, Newspaper Says

South Korea’s Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50% stake for more than 2 trillion won ($1.47 billion), the Korea Economic Daily said on…

Banyan Risk and Accredited partner to launch US Inland Marine & Marine Property product

Specialist managing general agent (MGA) Banyan Risk has launched a new US Inland Marine & Marine Property product, with capacity provided by program partner Accredited Insurance Limited. The new line targets four core…

Banyan Risk Enters US Inland Marine Market with Accredited Insurance Partnership

Redkik Partners with Fortress to Offer Flexible Bridge Cover Insurance Solution - News and Statistics

Acies MGU expands into marine insurance with launch of TEDmar International

Acies MGU (Acies), a technology and data-driven managing general underwriter (MGU) specialising in the creation and management of niche insurance businesses, has announced its expansion into the marine insurance sector…