Reinsurance News

Construction

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

Price Forbes adds construction coverage to expanding Lectio facility

18th July 2025

Specialty insurance broker Price Forbes has announced the latest extension of its exclusive underwriting facility, Lectio, which now includes construction and builders risk coverage. This move broadens the scope of the facility, further enhancing its ability to support complex risks across multiple industries. The newly added coverage applies to short-term construction projects ... Read the full article

Lockton appoints Paul Primavera as National Construction Practice Leader

8th July 2025

Lockton, a privately held insurance brokerage, has announced the appointment of Paul Primavera as National Construction Practice Leader. Based in Los Angeles, Primavera will report to Chris DiLullo, U.S. Industry Practices Leader at Lockton. In his new role, he will build on Lockton’s construction expertise to drive growth, enhance client engagement, and ... Read the full article

Phoenix Specialty welcomes experienced construction underwriter

28th March 2025

Phoenix Specialty (Phoenix), a construction-focused MGA, has strengthened its team with the addition of a new construction underwriter, reinforcing its commitment to growth following a year of significant expansion. Timothy Christmas joins Phoenix from RSA Insurance, where he served as a Senior Construction Underwriter. His career also includes roles at Zurich and ... Read the full article

AXA XL promotes Croese & Huete Santos in Construction & Energy Underwriting

19th March 2025

AXA XL, the property and casualty (P&C) and specialty risk division of global insurer AXA, has announced two internal promotions within its APAC & Europe Construction and Energy Underwriting team. Olivier Croese has been promoted to Head of Construction & Energy Underwriting for APAC & Europe. With deep expertise in the energy ... Read the full article

AXA XL launches benchmarking service for sustainable building practices

7th March 2025

AXA XL has launched the Sustainable Building Practices Adoption Maturity Index (SAMI), a benchmarking service designed to help construction clients in North America assess their sustainable building practices against industry peers. Cheri Hanes, AXA XL's Head of Construction Innovation and Sustainability, said, "Technological advancements, economic incentives and the need for more ... Read the full article

Specialty MGA UK strengthens construction team with Senior Underwriter appointment

10th February 2025

Specialty MGA UK, a managing general agent focused on providing additional capacity for specialty lines, has expanded its construction team with the appointment of Sam Hui as Senior Underwriter for Onshore Construction and Energy. Hui is a highly experienced insurance and reinsurance professional with over 30 years in construction and energy ... Read the full article

Argenta appoints Karen Collier as Construction & Engineering Underwriter

31st January 2025

Argenta Syndicate Management Limited, a Lloyd’s managing agency, has announced the appointment of Karen Collier as Construction & Engineering Underwriter, effective immediately. Based in London, she will report directly to Phil Hancock, Unit Head of Construction and Engineering. Collier, a seasoned professional with over a decade of experience in the insurance ... Read the full article

Evolin Broking launches new construction division, appoints Steve Downing as Head

29th January 2025

Evolin Broking Limited, an independent London market wholesale insurance broker, has announced the launch of its new construction division. Steve Downing has been appointed as Head of Construction, effective immediately. Based in London, he will report directly to Managing Director Chris Baulf. In his new role, Downing will lead the development of ... Read the full article

Vikco Builder’s Risk introduces MGA programme for construction industry insurance

27th January 2025

Vikco Builder’s Risk, a division of Vikco Insurance Services and supported by K2 Insurance Services, has officially introduced its Managing General Agent (MGA) programme focused on providing excess and surplus lines Builder’s Risk Insurance. This programme combines extensive underwriting expertise and strategic partnerships to offer customised insurance solutions tailored to the ... Read the full article

Insurance consultants Lignum Risk Partners contribute to UK’s first commercial timber guidebook

25th November 2024

A collaboration between insurers, property developers, and technical experts has led to the launch of the UK's first Commercial Timber Guidebook, which aims to promote the use of structural timber in office construction. The project is spearheaded by Elliott Wood, Waugh Thistleton Architects and OFR Consultants, working with specialist insurance consultants Lignum ... Read the full article

Price Forbes appoints Henry Morgan as Director of Construction

13th November 2024

Global specialty broker Price Forbes has announced that Henry Morgan will join its Global Construction team in London as Director – Construction, effective March 2025. Morgan brings more than 13 years of experience in the US construction wholesale market to his new role, along with valuable expertise that will strengthen Price ... Read the full article

Chubb unveils Construction Industry Practice in UK & Ireland

14th October 2024

Chubb, the global property and casualty insurer, has launched its new Construction Industry Practice in the UK and Ireland, bringing together specialist underwriters, risk engineers and claims executives across multiple risk areas to create one customer and broker centric proposition. Chubb's new Construction Industry Practice is situated across the firm's branch ... Read the full article

AXA XL promotes Peter Ukstins to lead Construction Risk Engineering, Americas

26th September 2024

AXA XL, the property & casualty (P&C) and specialty risk division of global insurer AXA, has announced the promotion of Peter Ukstins to lead its Construction Risk Engineering team in the Americas. Donna Nadeau, Head of Large Commercial at AXA XL, stated, "Our Construction risk engineering capabilities are an essential asset ... Read the full article

Rising capacity in construction insurance to Stabilise pricing and terms through 2025, says WTW

12th September 2024

The construction insurance market is experiencing a notable increase in capacity, reaching levels last seen in 2019, according to the newly released Global Construction Rate Trend Report by WTW, a global insurance broker. This expansion is anticipated to continue through late 2024 and into 2025, as insurers seek to maximise local ... Read the full article