Ryan Specialty has recently announced the appointment of Shawn Yingling as Chief Retail Distribution Officer for its specialty underwriting segment, Ryan Specialty Underwriting Managers (RSUM). This strategic move is expected to bring a fresh perspective and extensive expertise to the company,
The Trustees of the Airways Pension Scheme have successfully completed a £340 million longevity swap transaction with Metropolitan Tower Life Insurance Company, a subsidiary of MetLife. This significant financial maneuver, facilitated by Zurich UK, aims to mitigate the financial risks associated
Crescent Specialty, an independent, employee-owned MGA and Wholesale Brokerage firm headquartered in Houston, Texas, has recently achieved Coverholder status with Lloyd's of London. This significant milestone marks a pivotal moment in the company's journey, reflecting their commitment to long-term
The insurance industry is witnessing a wave of strategic appointments aimed at bolstering leadership teams and driving growth in specialized sectors. Recent high-profile appointments at Generali Global Corporate & Commercial (GC&C) and the broker Miller highlight this trend. These moves are not
The newly-announced Elevate Florida program, introduced at the Florida Chamber of Commerce Insurance Summit, is a comprehensive state-federal initiative aimed at mitigating flood risks and reducing insurance costs for homeowners. This program is designed to provide grants and low-interest loans to
The Fort Myers Beach community in southwest Florida is grappling with a significant decision by FEMA that could impact its recovery from Hurricane Ian in 2022. FEMA has announced that this area will lose its flood insurance discounts due to improper rebuilding practices in designated flood zones.
