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Risk Management
AXA XL | February 24, 2022
Applied Underwriters has announced that it will acquire Catlin Specialty Insurance Company ('A+' rated) from the AXA XL group of companies, consolidating the company into the North American Casualty group of companies ('A' rated) in a move intended to bolster Applied's operating capabilities in support of its strategic partners as the E&S market hardens. The transaction is scheduled to close during Q2 as anticipated regulatory approvals are received. Mr. Ja...
Insurance Technology
Business Wire | October 17, 2023
Hourly.io, a fast-growing workers’ compensation and payroll startup, has selected Origami Risk’s multi-tenant Software-as-a-Service (SaaS) P/C core solution to bring critical automation to its breakthrough insurance platform for small and mid-sized businesses with hourly and mobile workers. Hourly ...
NJ PURE | March 18, 2020
NJ PURE – a medical malpractice insurer based in New Jersey – has entered a partnership reinsurance contract with General Reinsurance Corporation (Gen Re), a Berkshire Hathaway member company. A release said that the agreement will strengthen NJ PURE’s position in the industry and will support its growth in the years to come. “All of our policyholders may now take added comfort in knowing that NJ PURE has the financial support of Gen Re and the billions of dollars in asse...
Insurance Business | August 04, 2020
Axon Underwriting Services has announced the acquisition of the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) US contaminated and consumer products recall insurance business written through Allianz Global Risks US Insurance Company.We at Axon Crisis Management are excited to obtain the renewal rights for contaminated products and consumer products recall insurance policies previously underwritten by AGCS in the United States,” said Alex Pittignano, senior vic...
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