InsuredHQ’s Post

**New Market Update: Exciting Acquisitions in the Commercial Insurance Space!** 🏦 Bishop Street Underwriters has acquired Conifer Insurance Services, a commercial MGA, to enhance their multi-boutique insurance platform. This strategic move is expected to bring new opportunities and growth to the industry. Stay ahead of the curve by keeping up with these market shifts! How do you think these changes will impact your business? Share your thoughts in the comments below! #Insurance #CommercialInsurance #MGA #InsuranceAgents #BusinessGrowth #MarketUpdates #InsuranceNews

🔹 *Hiscox ownership in the spotlight as suitors circle - The Insurance Insider* 🔹 Exciting news in the insurance industry! Hiscox, a renowned player, is drawing attention from potential suitors. This spotlight on Hiscox's ownership adds a thrilling dimension to the ever-evolving insurance landscape. Read more about this intriguing development in The Insurance Insider article below. Being at the center of such significant industry news is a testament to Hiscox's impact and influence in the market. Take a moment to dive into the details and stay informed about the latest industry trends. Check out the insightful article here: [insert link] #Hiscox #InsuranceInsider #IndustryNews https://ift.tt/JxB7DFk

BE THE TALK OF THE TOWN The perfect Monte Carlo Scoop is one that will get everyone starting their next meeting asking: "did you see that story?" When it is about one of the world's biggest reinsurers and our effective host here in Monaco, it couldn't be more apt. One to discuss in the Scor Lounge later. Top scooping from Insurance Insider https://lnkd.in/e7NrUDgK #reinsurance #insurance #RVS2024

Hampden Agencies behind largest private capital-backed Lloyd’s syndicate for 30 years The Fidelis Partnership announced today that Lloyd’s has granted “in principal” approval for the launch of the Fidelis Syndicate 3123 in collaboration with Fidelis Insurance Group, a global speciality insurer, and Hampden Group, the largest provider of private capital to Lloyd’s. Alistair Wood, Hampden Agencies CEO, said: “Hampden Agencies is delighted to be so closely involved in this new syndicate, which demonstrates the important role of private capital in the Lloyd’s market and our ability to access that capital with scale. This is a great opportunity for private investors to enjoy the returns from prudent and profitable underwriting.” To learn more, please visit https://lnkd.in/gESRJCXQ For more information about the benefits of being a capital provider at Lloyd’s and the support Hampden Agencies provides, please visit https://lnkd.in/eeyJUHk or contact Alistair Troughton. #investment #investmentstrategies #investmentopportunity #investmentinsights #alternativeinvestments #assetallocation #assetmanagement #fundmanagers #familyoffice #wealthmanagement #wealthadvisor #wealthcreation #highnetworthindividuals #hnwi #estateplanning #inheritanceplanning #londonmarket #lloydsoflondon #insurance #insuranceindustry #insuranceagents #insurancecompanies #insuranceadvisor (Capital may be at risk)

Need to Know: Property in transition, Geico profit, Lockton CEO steps down http://spr.ly/6041n4yqN #reinsurance #insurance

Lloyd's, world’s leading insurance and reinsurance marketplace, has a very unique business model to serve its stakeholders. Lloyd’s #BusinessModel: The insurance written at Lloyd's is brought to the market by #brokers and #coverholders, to specialist underwriters who price and underwrite the risk. #Syndicates are managed by 'managing agents' who employ the underwriters to 'bind' the contracts of insurance and reinsurance on behalf of the members of Lloyd's. Managing agents will also carry out all the other activities of insurance business at Lloyd's on behalf of the members. Syndicates are formed by members joining together to underwrite insurance, each for their own share. Members provide the capital to back the underwriting. Much of the insurance and reinsurance capacity available at Lloyd's is provided on a #subscription basis, where syndicates each take a share of large and complex risks. Combined with the choice, flexibility and financial security of the market, this makes Lloyd's the world's leading platform to underwrite and purchase insurance and reinsurance cover. The interests of Lloyd’s market participants are represented and promoted by #market #associations and #committees, which are set up by Lloyd's underwriters, brokers and members. Behind the Lloyd's market is the Society of Lloyd's (also referred to as 'the #Corporation'). While the Corporation does not underwrite insurance risks, it acts as the market operator: providing the #infrastructure and #regulatory #oversight needed for the market to succeed. The Lloyd's Council is responsible for the governance, management and supervision of the Society and the market. The governance and oversight frameworks are designed to ensure the #Society and Lloyd's market actively manage risks to the #Central #Fund, Lloyd's #licences, #ratings and brand in order to create good outcomes for customers. Lloyd’s work closely with market associations to continue evolving its oversight to make sure its stakeholders' interests are reflected appropriately. PS: You can read about this and many more facts about Lloyd’s in its Annual Reports. #Lloyds #Insurance #Reinsurance #MarketPlace #Specialty #Risks #InsuTechs

while no one likes rate increases...hikes are slowing and reinsurance capacity is growing! proper analysis of commercial insurance programs can provide strategic ways to optimize and find savings as market conditions continue to change. Marsh #insurance #reinsurance #brokerage

📢 This Week’s Editor’s Pick! US insurance firm HW Kaufman Group is making headlines after revealing that it has appointed a new UK chief executive as part of its expansion plans. 📖 Read the full article: https://lnkd.in/eV7JPzV4 #EditorsPick #InsuranceNews #Brokers #Insurers #MGAs #Insurance #News #InsuranceIndustry #B2B James Cowen

Extremely important note here how commercial agencies who have attempted to remain in-house for all admitted business will continue to see declines in production. It is important now, more than ever before, to have a trusted E&S partner with your agency. And whom is more trustworthy than your friends at J.M. Wilson? #ExcessandSurplus #CommercialInsurance #TimesTheyAreAChangin

Need to Know: Property in transition, Geico profit, Lockton CEO steps down http://spr.ly/6041nFoIZ #reinsurance #insurance