Liberty Mutual Insurance said it has agreed to acquire the global surety and credit reinsurance operations of property/casualty insurer AmTrust Financial Services. Terms of the deal were not disclosed. Upon closing, Liberty Mutual will acquire four AmTrust businesses: AmTrust Surety, previously managed by Insco Dico, which provides contract, commercial, and subdivision bonds primarily in the ... Read More »
Gallagher buys surety bond agency | Business Insurance
April 11, 2019
Arthur J. Gallagher & Co. has acquired Salem, Oregon-based Surety Solutions LLC and Agency Multiplied Inc. Source: Gallagher buys surety bond agency | Business Insurance Read More »
Tokio Marine HCC exits US bond business
April 11, 2019
Specialty insurance group Tokio Marine HCC has sold its bail bond operations to what it calls “a prominent player in the industry” as it exits the business in the US. Source: Tokio Marine HCC exits US bond business Read More »
Surety Market in-Depth Profiling with Key Players and Recent Developments, Forecast Period: 2019-2027 – Press Release – Digital Journal
March 11, 2019
The Surety market is experiencing good growth across all the geographical regions of the globe, with the increasing demand for infrastructural development as well as residential construction. Furthermore, the rising adoption of public-private partnership model is another factor fueling the growth of the market. Limited This report contains:-Market sizing for the global Surety Market. Source: Surety ... Read More »
10 top data and analytics trends for 2019 | Digital Insurance
February 25, 2019
Augmented analytics, continuous intelligence, data fabric and persistent memory servers are among the top trends that will drive analytics over the next few years, says Gartner. Source: 10 top data and analytics trends for 2019 | Digital Insurance Read More »
NYU establishes construction innovation hub | Construction Dive
February 18, 2019
Construction industry gets much needed innovation resources from NYU in New York. Source: NYU establishes construction innovation hub | Construction Dive Read More »
Chinese New Year 2019 – Year of the Pig. Good Fortune!
February 4, 2019
Chinese New Year officially begins on February 5th, 2019, and ends on February 19th. Source: Chinese New Year 2019 – Year of the Pig Read More »
The Guarantee names new VP of surety innovation | Insurance Business
February 1, 2019
New innovation role filled. Source: The Guarantee names new VP of surety innovation | Insurance Business Read More »
RLI Announces Surety Group Leadership Promotions | Business Wire
February 1, 2019
Bob Kirk, Assistant Vice President, Commercial Surety has been promoted to Vice President, Commercial Surety. Source: RLI Announces Surety Group Leadership Promotions | Business Wire Read More »
The Guarantee names new VP of surety innovation | Insurance Business
February 1, 2019
Frank Faieta as national vice president, surety innovation and risk solutions. Source: The Guarantee names new VP of surety innovation | Insurance Business Read More »