Reinsurance News

ASIC

AM Specialty Insurance announces series of promotions

1st April 2026

AM Specialty Insurance Group (ASIG), a provider of specialty insurance solutions, has announced a series of promotions across AM Specialty Insurance Company (ASIC) US and ASIC UK. Duncan Daniel has been promoted to Vice President, Underwriting at ASIC US. He joined ASIG in the summer of 2020, initially working at Am ... Read the full article

AM Specialty Insurance appoints Jamie Micheli as Head of People and Talent

18th March 2026

AM Specialty Insurance Group, a provider of specialty insurance solutions, has announced the appointment of Jamie Micheli as Head of People and Talent for AM Specialty Insurance Company. Micheli brings more than 12 years of HR experience, with a strong background in strategic human resources management. Throughout her career, she has led ... Read the full article

Pinpoint obtains Lloyd’s of London coverholder approval

22nd December 2025

Pinpoint UK Solutions Ltd, part of AM Specialty Insurance Group (ASIG), has received Lloyd’s of London approval to operate as an authorised coverholder, strengthening its UK and London Market presence and enabling direct access to Lloyd’s via a locally established underwriting platform to support long-term growth across specialty insurance lines. "This ... Read the full article

ASIC & ASIL get revised positive outlooks from AM Best

5th December 2025

Credit ratings agency AM Best has revised the outlooks of Ategrity Specialty Insurance Company (ASIC) and its affiliate, Ategrity Specialty Insurance Limited (ASIL), to positive from stable, reflecting its “very strong” balance sheet supported by its risk-adjusted capitalisation. Additionally, AM Best has affirmed the duo’s Financial Strength Rating of A- (Excellent) ... Read the full article

Thomas Randall promoted to Company Secretary of ASIC U.S.

10th November 2025

AM Specialty Insurance Company (ASIC), an excess and surplus (E&S) insurance firm and an accredited reinsurer, has promoted Thomas Randall to Company Secretary of AM Specialty Insurance Company (ASIC U.S.). This promotion aligns with the re/insurer's commitment to developing talent from within and strengthening its legal and governance capabilities. In his new ... Read the full article

ASIC eyes London-sourced U.S. specialty reinsurance opportunities ahead of Jan 1

4th November 2025

Dallas-based E&S carrier AM Specialty Insurance Company (ASIC) is reportedly seeking London-sourced, U.S.-domiciled specialty reinsurance opportunities in the run-up to the January 1, 2026, renewal season. According to ASIC, since its launch three years ago, the firm has built a “meaningful presence” in this segment. Assumed business reportedly accounts for the ... Read the full article

Broker feedback has been very positive: Pinpoint UK’s Powell

7th August 2025

In our latest Reinsurance News video interview, we spoke with Shevawn Barder, Founder and CEO of AM Specialty Insurance Company (ASIC), and Darren Powell, CUO of Pinpoint UK, about their plans for the new MGA and progress as ASIC expands beyond North America into the London and ... Read the full article

Pinpoint UK a long-term play for AM Specialty Insurance Company: Barder and Powell

24th July 2025

For the latest Reinsurance News video interview, we spoke with Shevawn Barder, Founder and CEO of AM Specialty Insurance Company (ASIC) and Darren Powell, CUO of Pinpoint UK, to hear their plans for the new MGA and how progress has been so far as the E&S carrier ... Read the full article

ASIC names Stefanie Milch as Head of Claims

27th March 2025

AM Specialty Insurance Company (ASIC), a provider of specialised insurance products, has appointed Stefanie Milch as its new Head of Claims. The firm stated that this appointment underscores its commitment to providing innovative risk solutions supported by a client-focused claims operation. In the new role, she will oversee AM Specialty’s claims operations, ... Read the full article

ASIC earns AM Best’s affirmation of A- rating with stable outlook

3rd January 2025

AM Specialty Insurance Company has announced that AM Best has reaffirmed its Financial Strength Rating (FSR) of A- (Excellent) with a stable outlook. This recognition highlights ASIC's focus on underwriting quality, disciplined risk management, and growth within the Excess and Surplus (E&S) lines market. AM Best cited ASIC’s exceptionally strong risk-adjusted capitalisation, ... Read the full article

AM Specialty appoints Stephen Mathews as Group CFO

16th December 2024

AM Specialty Insurance Group has announced the appointment of Stephen Mathews as Group Chief Financial Officer (CFO). Mathews will lead the financial strategy for AM Specialty and its affiliates under the parent organisation, AM Holding Company. Shevawn Barder, CEO of AM Holding Company, expressed enthusiasm for Mathews’ appointment, stating, “We are delighted ... Read the full article

ASIC commences proceedings alleging QBE misled customers on pricing discounts

23rd October 2024

The Australian Securities and Investments Commission (ASIC), Australia’s corporate, markets, and financial services regulator, has commenced court proceedings against QBE Insurance (Australia) Limited, alleging it misled customers about discounts on certain general insurance products. The case concerns previously reported discrepancies, where QBE made statements and sent renewal notices offering discounts on ... Read the full article

ASIC enters into strategic capital partnership with Veritex Bank

17th October 2024

Dallas-domiciled surplus lines insurance carrier, AM Specialty Insurance Company (ASIC), has entered a strategic capital partnership with Veritex Bank by obtaining a $20 million senior secured loan facility through a private placement with Veritex Community Bank. In the initial phase of the senior secured loan facility, the agreement includes a multimillion-dollar ... Read the full article

Retentions will be key and we’re well positioned, says AM Re & ASIC CEO

15th September 2023

Going into 2024 - and with the hard market expected to remain - retentions are going to be vital, particularly in the programme space, according to Shevawn Barder, Chief Executive Officer (CEO) and Principal of AM RE and AM Specialty Insurance Company (ASIC). Speaking with Reinsurance News at the RVS 2023 ... Read the full article

AM Specialty bolsters underwriting operation with senior hires

18th January 2023

AM Specialty Insurance Company (ASIC), a domestic excess and surplus insurer and accredited reinsurer, has announced the appointment of Dominick Tassone Jr. as Chief Underwriting Officer, and Anne Hoffmans as SVP of Program Underwriting. Tassone, the newly appointed CUO, holds over four decades of primary insurance experience, having spent the last ... Read the full article