Reinsurance News
Construction
XS Global appoints Daniel Abramson as Head of Construction Underwriting, APAC
27th March 2026
XS Global, an independently owned managing general underwriting (MGU) platform, has announced the appointment of Daniel Abramson as Head of Construction Underwriting for Asia Pacific, based in Hong Kong. Abramson brings more than 25 years of insurance industry experience spanning construction and energy underwriting. Before joining XS Global, he was Head of ... Read the full article
Shepherd secures $42m Series B as construction insurance demand grows
24th March 2026
Shepherd, an insurance technology platform for commercial industries, has successfully closed a $42 million Series B funding round, led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures, and additional investors. The new capital aims to support team expansion, driven by the escalating demand for quicker and more precise ... Read the full article
Acrisure London Wholesale expands into construction market with Tom Hester appointment
3rd March 2026
Acrisure London Wholesale, the London-based wholesale division of global fintech firm Acrisure, has expanded into the construction market with the appointment of Tom Hester as Senior Vice President (SVP), Head of Construction. In his new role, Hester will lead a newly launched specialist team, overseeing the build-out and strategic development of ... Read the full article
Howden launches Japanese initiative within Construction & Infrastructure Assets division
25th February 2026
Global insurance and reinsurance broker Howden has launched a new Japanese initiative within its Construction & Infrastructure Assets Division and announced key senior appointments. Howden said the initiative further strengthens its global capabilities in supporting Japanese-led construction and infrastructure projects worldwide. It was established in response to the significant and growing volume ... Read the full article
Liberty Specialty Markets launches Energy & Construction, and Cyber in Italy
19th February 2026
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has responded to increased regional demand with the launch of two new divisions in Italy: Energy & Construction, and Cyber. The launches are supported by two senior underwriter appointments in Milan to manage the new divisions, expand LSM’s offering in Italy ... Read the full article
Canopius launches consolidated Natural Resources team
9th February 2026
International specialty P&C re/insurer Canopius, has announced a strategic restructuring of its underwriting capabilities with the formation of a consolidated Natural Resources team. This move is a response to a rapidly shifting market landscape, where the boundaries between energy, heavy industry, and construction are increasingly fluid. The new Natural Resources team integrates ... Read the full article
MGA Polaris Re expands its Construction & Engineering capabilities
6th February 2026
POLARIS Reinsurance Solutions, a Vienna-based managing general agent (MGA), has announced the appointment of Pascal Jaut as Head of Construction & Engineering. Headquartered in Vienna, Polaris Re is a subsidiary of Polaris Corporate Solutions GmbH that focuses on unlocking high-potential markets across Western Europe, Eastern Europe, and the CIS region. “With extensive ... Read the full article
Aon introduces new Bermuda-based liability capacity for US construction projects
22nd January 2026
Aon plc, a global professional services firm, has launched the Bermuda Insurance Liability Top-Up (BILT), a newly created facility designed to expand excess casualty capacity for US construction projects. Exclusive to Aon, the facility offers up to $50 million in additional coverage above a minimum $100 million attachment point and features ... Read the full article
Apollo announces leadership transition for Construction business
31st December 2025
Apollo, the specialist Lloyd’s re/insurance group, has announced leadership changes for the Construction line of business as Tim Cook prepares to retire from his role as Head of Construction on 31 December 2025. As part of a planned succession, Matt Larke assumed the role of Class Leader, Construction Physical Damage in ... Read the full article
Sam Batstone joins Markel’s new Construction & Engineering practice as underwriter
26th November 2025
Markel International has announced the appointment of Sam Batstone as an Underwriter within its newly launched Construction & Engineering practice. Launched in November 2025, Markel’s Construction & Engineering practice within its international division introduces Construction All Risks (CAR) and Erection All Risks (EAR) solutions for clients worldwide, aimed at supporting ... Read the full article
Markel introduces new global Construction & Engineering practice
20th November 2025
Markel Insurance, the insurance arm of Markel Group Inc., has introduced a new Construction & Engineering practice within its international division. This launch begins with the introduction of Construction All Risks (CAR) and Erection All Risks (EAR) solutions for clients around the world, aimed at supporting a wide range of project ... Read the full article
Liberty General Insurance introduces Surety Solutions in India
18th November 2025
Liberty General Insurance Ltd., part of the Liberty Mutual group, a long-standing insurance organisation, has introduced Surety Insurance in India. The move follows the IRDAI framework that allows Surety products to function alongside bank guarantees, expanding the range of financial instruments available within the country’s construction and infrastructure sectors. The Surety offerings ... Read the full article
The Fidelis Partnership launches Construction Consortium for AI data centres
6th November 2025
The Fidelis Partnership (TFP), a privately-owned managing general underwriter (MGU), has announced the launch of a new consortium targeting risks associated with the construction of artificial intelligence (AI) data centres. With estimates suggesting that the AI data centre market could rapidly represent billions in new premium a year, the consortium aims ... Read the full article
HDI Global Canada names Derek Reedie as Head of Engineering & Construction
23rd July 2025
HDI Global Canada has announced the appointment of Derek Reedie as Head of Engineering and Construction. In this role, Reedie will lead insurance solutions for complex infrastructure and industrial projects. He brings over 25 years of industry experience, ranging from general P&C to construction and contractor specialisation. Reedie joins HDI Global from Ecclesiastical ... Read the full article
AXA XL promotes Ed Totten to Head of Construction Casualty
22nd July 2025
AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced the promotion of Ed Totten to Head of Construction Casualty, consolidating Primary and Excess Casualty lines under his leadership. Totten brings over two decades of experience in construction and casualty insurance to the role. He ... Read the full article
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