Insurance Quantified Acquires Groundspeed Analytics

Insurance Quantified, a leading commercial P&C underwriting technology provider, announced it has acquired Groundspeed Analytics, the market leader in ingestion and data solutions for the commercial P&C industry. The combination strengthens Insurance Quantified’s market leadership in underwriting technology and furthers its mission to maximize the value of data for commercial P&C insurers. Both companies have made great strides introducing technology that enables faster, more informed underwriting decisions. Together, the united technology capabilities, market success, and committed...

Amwins Global Risks launches Amwins Amplify, a new tracker facility

Amwins Global Risks, the international arm of global specialty insurance broker Amwins and one of the largest independent wholesale brokers in London, announced today the launch of Amwins Amplify, a new automated follow-form facility led by Beazley’s Smart Tracker Syndicate 5623. Amplify is initially covering Property before adding cross-class diversification, with up to 15% capacity for policies written on a subscription basis following terms set by a select panel of underwriters. Amwins currently places more than $2.5bn of...

Core Specialty Acquires and Forms Medical Stop-Loss Division

Represents Core Specialty’s 13th Specialty Business Unit Transaction expected to close in fourth quarter Jim Stelling to serve as President, Medical Stop-Loss Core Specialty Insurance Holdings, Inc., and its subsidiaries announced that it will form a Medical Stop-Loss Division through the acquisition of the MGU/Stop-Loss business of American National Group (“ANAT”). The acquisition will mark Core Specialty’s 13th Specialty Business Unit. Jim Stelling will join Core Specialty as the President of the newly formed Medical Stop-Loss...

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