Nexus Underwriting expanded its trade credit operations into Italy. This strategic move further strengthens Nexus’s global footprint and reinforces its well-established presence across the U.K. and major international markets.
Bold Penguin has acquired SquareRisk, a purpose-built marketplace that discovers, quotes and binds specialty MGA products across 45-plus carriers through a single interface. Bold Penguin users will now have additional commercial insurance policy coverage options beyond the admitted space to fill the evolving needs of business owners. Additionally, the acquisition positions Bold Penguin to accelerate its integration speed and expansion into specialty and excess and surplus markets while building immediate scale into their digital wholesale operations.
Verisk launched a pet health insurance program within its Core Lines business. The first-of-its-kind program offers U.S. insurers a robust suite of standardized tools and insights to support entry into or expansion within the rapidly growing pet insurance market. Verisk’s new ISO Pet Insurance Line of Business program will offer insurers policy forms, rating rules and loss costs, marking the first standardized pet insurance program from an advisory organization.
Bishop Street Underwriters has acquired Avid Insurance, a niche multi-disciplined managing general agent based in London. This acquisition marks Bishop Street’s second strategic business expansion in the U.K. this year, further developing the capabilities of its platform with a deeper footprint in a core growth market. The transaction closed on Oct. 3, with all requisite regulatory approvals. Financial terms were not disclosed.
Special Contingency Risks has launched an enhanced victim support insurance extension to support hostage victims. The SCR initiative launches as part of an exclusive partnership with the charity Hostage International. This new offering underscores SCR’s commitment to providing comprehensive support to victims of kidnap, unlawful detention or critical security incidents, and their families.
NEXT Insurance upgraded its professional services offering. NEXT Pro+ is a clear example of NEXT’s commitment to helping agents grow their business by giving them the ability to quickly deliver tailored coverage, while offering professional services clients stronger protection against lawsuits, cyberattacks and other risks.
Fortegra Group, Inc. has secured a box in the underwriting room at Lloyd's. Fortegra will operate from Box 388 on the third gallery in the Lloyd's underwriting room, representing a significant milestone in the company's strategic commitment to the London insurance market.
Driven Claims has been awarded Top Third‑Party Administrator Company – 2025 by Insurance Business Review. The recognition highlights Driven Claims’ role in transforming claims management through technology, transparency, and a customer-first approach.
Accuserve has partnered exclusively with CCA Global Partners to launch the Flooring Service Program, a new solution to improve how flooring is sourced and installed in the insurance industry. FSP combines Accuserve’s technology with CCA Global’s network of 1,200-plus flooring retailers to speed up claims, improve policyholder satisfaction and offer real-time pricing.
Education Climate Coalition and Insure Tomorrow have disrupted the largest insurance industry careers fair nationally at Lloyd’s of London, calling out the marketplace’s complicity in climate breakdown and genocide. Protestors disrupted the event, dressed as staff and handed out bespoke information leaflets to prospective employees on Lloyd’s role in fossil fuel expansion, designed to resemble Lloyd’s iconic “Titanic” leaflets. Demonstrators also disrupted the event entrance with banners and chanting near the queue.
Plaisance Underwriters launched with sexual abuse and molestation coverage products for large institutions and their vendors. The new coverages are backed by certain underwriters at Lloyd’s with A+ rated paper. Part of the MISSION portfolio of programs, Plaisance Underwriters was founded by Caroline Murray, a 25-year veteran of the insurance industry with expertise in SAM, EPLI and cybersecurity coverage.
MAPFRE announced that it is taking a firm step in its transformation plan with a strategy for attracting technological talent. The company will incorporate more than 100 highly qualified professionals and will create three specialized hubs in Spain, Colombia and Brazil to act as global innovation and development centers.
USI Affinity along with the American Society of Anesthesiologists launched a new comprehensive insurance program specifically tailored to meet the needs of ASA members nationwide. As the endorsed broker for the ASA Insurance Program, USI Affinity will provide ASA members with exclusive access to a comprehensive selection of business and personal insurance solutions from A-rated carriers, including critical practice coverages, employee benefits and personal insurance coverages to protect members and their families. The new program is the first of its kind to be offered exclusively to ASA members.
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