California Insurance Wholesalers Association launched two initiatives designed to strengthen the excess & surplus lines insurance sector and foster innovation within the industry: CIWA Women and an Insurtech Committee. As part of this effort, the committee will plan a flagship in-person event focused on personal and professional development. The group will also explore opportunities for expansion, potentially incorporating virtual workshops, networking events or mentorship programs.
Templar Specialty expanded its executive and professional liability insurance offerings to include excess and A-side directors & officers coverage to public companies. This follows the success of Templar Specialty’s Executive and Professional Shield, a suite of coverages including D&O, EPL, fiduciary crime and miscellaneous E&O insurance for the not-for-profit and private sector, launched in 2022.
SageSure and SureChoice Underwriters Reciprocal Exchange, a policyholder-owned reciprocal exchange, announced the close of the Gateway Re Series 2025-1 catastrophe bond at $520 million, the franchise’s largest issuance to date. At a nearly 27 percent upsize from its initial $410 million target, the ninth issuance in the Gateway Re series achieved pricing approximately 10% lower than the midpoint of its initial target, signaling strong investor appetite.
CRC Group announced a strategic rebrand to unify its operations and reinforce its position as a pure-play, independent wholesale and underwriting industry leader. As part of this transition, the TIH brand will be sunsetting and replaced by CRC Group as the company's corporate brand.
Amica Insurance has partnered with Tatum for the brand’s latest national marketing campaign, “Protect Your Legacy.” This also marks Tatum’s first appearance alongside his mother, Brandy Cole, in a TV commercial. Both Tatum and Amica go above and beyond to protect family and legacy. Amica reinforces Tatum’s values with one key message: We know why you work so hard. So we work harder to protect it.
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