Dean & Draper Insurance Agency, LP

Orchid Insurance | June 16, 2020

Orchid Underwriters Agency, LLC (Orchid Insurance), one of the largest independent managing general underwriters (MGUs) focused on catastrophe-exposed residential and commercial lines properties, has today announced the launch of a brand-new MGU called CrossCover Insurance Services (CrossCover). The new MGU will underwrite middle-market commercial property risks for wholesale broker clients beginning early in 2021. It was formed in partnership with veteran property insurance executive Scott Hans...

Insurance Technology

Markel Corporation | November 16, 2021

Markel Corporation (NYSE: MKL) announced that it is winding down Lodgepine Capital Management Limited (Lodgepine), its retrocessional Insurance Linked Securities (ILS) fund manager based in Bermuda. Markel launched Lodgepine in 2019, with product offerings focused on property catastrophe retrocessional investments. In 2021, Lodgepine wrote a portfolio of property retrocessional business that consisted of approximately $230 million of initial limits. The Lodgepine Fund launched Jul...

Life Insurance, Insurance Technology

PRnewswire | March 24, 2023

Simply Business, LLC., a Boston-based digital insurance company focused on small businesses, today announced it will offer several of its commercial insurance solutions through AmSuisse, an insurance wholesaler with an extensive portfolio of products and speciality programs designed for independent agents. "As we continue to expand our reach with independent agents, it's important to partner with trusted industry experts who share our vision of simplicity, choice and va...

Insurance Business Magazine | January 30, 2020

SCM Insurance Services, an insurance and risk management services provider serving North America, has announced that two companies it acquired in the past will undergo a rebrand. The two companies, Nixon & Company and Allmark Services, will be rebranded as ClaimsPro. ClaimsPro is a prominent provider of independent adjusting services in Canada, and is one of the firms under the SCM Insurance Services Group of Companies. In the US, ClaimsPro offers local field support through 11 branch locati...