Reinsurance News
CRC Group
CRC Group announces three new additions to its executive team
11th October 2023
CRC Group, a wholesale distributor of specialty insurance products, has announced the appointment of three new executive leaders. Jessica Marshall has been named Chief Marketing Officer, Mike Baeurle has been appointed Chief Client Officer, and Curtis Moore has become the new Chief Administrative Officer of CRC Group. The three of them will ... Read the full article
CRC Group announces leadership changes and new Starwind Transportation Brand
2nd August 2023
CRC Group, a prominent wholesale specialty insurance distributor in North America, has announced significant changes coming to its Nashville office and Starwind Programs Division. In the Nashville office, Farrah Schubmehl, a seasoned insurance industry professional with over 24 years of experience, will be assuming the role of office president as of ... Read the full article
Higher reinsurance costs driving E&S property premiums: CRC
11th April 2023
In its 2023 state of the market report CRC Group’s analysts have highlighted that many E&S insurers in the personal property lines have been pushed to increase their premiums as a result of rising reinsurance rates, impacting customers and the possibility of them getting reasonably priced premiums. In the US, the ... Read the full article
Hurricane Ian to have immediate & substantial impact on E&S property market: CRC
16th February 2023
With the property market already “tightening” prior to the landfall of hurricane Ian, the high estimated loss numbers suffered due to the hurricane have largely proven valid, and its impact on the reinsurance market has been “immediate and substantial”, according to the latest edition of the REDY Index by CRC ... Read the full article
CRC names Kristyn Smallcombe Casualty Practice Group Director
20th January 2023
CRC Group, a wholesale specialty insurance distributor in North America, has appointed Kristyn Smallcombe as Casualty Practice Group Director, within the Commercial Solutions Division. Based in Chicago, Smallcombe will start her new role on January 24, and will report to Bob Greenebaum, the Division’s National Casualty Practice Group Leader. In her ... Read the full article
Hurricane Ian to have immediate impact on E&S property market: CRC
10th November 2022
Hurricane Ian is expected to have an “immediate and substantial” impact on the excess and surplus (E&S) lines property market, according to the latest edition of the REDY Index by CRC Group. The Index shows that the property catastrophe market had already been tightening prior to Hurricane Ian’s landfall, but that ... Read the full article
CRC Group rebrands Specialty Programs Division as Starwind Specialty Insurance
18th October 2022
CRC Group has announced that its Specialty Programs Division will conduct business under the new Starwind brand beginning October, 18, 2022. Created through the combination of CRC Programs and the acquired Constellation Affiliated Partners, Starwind will be among the largest program managers in North America, serving more than 10,000 insureds ... Read the full article
R.S. Class’s removal from IACS has consequences for shipping clients: CRC Group
1st April 2022
The removal of the Russian Maritime Register of Shipping (R.S. Class) from the International Association of Classification Societies (IACS), effective as of March 11, is set to impact ships obtaining insurance and entry into ports worldwide. Wholesale distributor of specialty insurance products, CRC Group said that classification societies, including the IACS ... Read the full article
CRC Group acquires Constellation Affiliated Partners
8th July 2021
CRC Group has closed on the acquisition of Constellation Affiliated Partners, more than doubling the size of its Specialty Programs Division and creates one of the largest program managers in North America. CRC Group’s new Specialty Programs Division now places more than $2.4B in premium across more than ten industry and ... Read the full article
CRC Group partners with Pan-American Benefit Solutions
10th March 2021
CRC Group, a wholesale distributor of specialty insurance products, has formed a new partnership between its subsidiary 5Star Specialty Programs and Pan-American Benefit Solutions (PABS). PABS is a division of Pan-American Life Insurance Group and the new partnership will focus on offering Workers Compensation coverage for the trucking industry. The product is ... Read the full article
CRC Group acquires Federal Employee Defense Services (FEDS)
5th February 2021
CRC Group, a US wholesale distributor of specialty insurance products, has acquired the assets of Federal Employee Defense Services (FEDS). FEDS is a niche MGU that specialises in professional liability coverage for federal government employees and contractors. Following the acquisition, it will continue to be headquartered in Bethesda, Maryland and led by ... Read the full article
CRC makes US senior appointments
14th December 2020
Specialty insurer, CRC Group has appointed Garrett Koehn and Brent Tredway as Co-Presidents of its Brokerage Division. Koehn and Tredway will assume national leadership roles as Co-Presidents of CRC Group’s Brokerage Division but divide primary responsibilities. Koehn, who is San Francisco-based, will lead the company’s efforts around engagement with national customers and ... Read the full article
CRC Group makes senior leadership changes
21st October 2020
Specialty insurer, CRC Group has announced changes to the company’s senior leadership team which will come into effect from January 1, 2021. Ron Helveston who is the current CEO of Commercial Solutions will retire, and be succeeded by Mike Brennan currently President, Commercial Solutions. In addition, Neil Kessler currently Chief Operating Officer, ... Read the full article
CRC Group wraps up acquisition of surplus lines broker Specialty Risk
2nd October 2020
Specialty insurer CRC Group has completed the acquisition of MGA and surplus lines broker Specialty Risk Associates. The addition of Specialty Risk sees CRC Group continue its expansion into binding, transportation binding, and personal lines. The company has added more than 80 new producers and several new offices focused on those products ... Read the full article
CRC Group opens Indianapolis office, makes strategic hires
10th August 2020
As part of CRC Group’s focus to expand capabilities in the Midwest, the specialty insurer has announced the opening of a new Indianapolis office. The company has also made several strategic hires whilst in addition is considering M&A targets in the region. Mark Maucere has been named Office President of the new ... Read the full article
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