Reinsurance News
Crum & Forster
Amynta Group acquires Crum & Forster’s credit insurance business
27th December 2024
Insurance services provider, Amynta Group has acquired the Credit Division of Crum & Forster (C&F), a subsidiary of Fairfax Financial Holdings Limited. According to the announcement, the business will operate as a full-service Managing General Underwriter (MGU) under Amynta Risk Solutions. From what we understand, Amynta's acquisition of the C&F Credit Division, which ... Read the full article
Crum & Forster names Henriques SVP and Chief Actuary
24th January 2024
Property, casualty, and accident & health insurer, Crum & Forster, has announced the promotion of John Henriques to Senior Vice President and Chief Actuary of A&H. In his new role, Henriques will continue to lead the actuarial team in addition to taking on leadership of the Division's Enterprise Risk Management function, ... Read the full article
Crum & Forster appoints Brock Masterson to Surety Division
1st December 2023
Property, casualty, and accident & health insurer, Crum & Forster, has appointed Brock Masterson to the company's Surety Division as a member of its executive leadership team. Masterson will be based in the company's Morristown, NJ office. In this newly-established role, he will be responsible for the continued growth of the division's ... Read the full article
Crum & Forster promotes David Thomas to Senior VP
15th August 2023
Crum & Forster (C&F) has promoted David Thomas, Esq. to Senior Vice President of Surety Claims. Thomas has more than two decades of experience handling claims, and managing both commercial and contract surety claims teams. He has also held various roles managing general liability, property and environmental claims. Thomas joined C&F in ... Read the full article
Crum & Forster appoints two EVPs within A&H division
21st March 2023
Crum & Forster (C&F) Accident & Health (A&H) has promoted both Susan Silfen and Gary Nidds to newly created Executive Vice President positions. The firm stated that both promotions acknowledge the extensive operational growth within its A&H Division, bolstered by the success of the respective business units under both Silfen's and Nidds' leadership. Silfen has ... Read the full article
Crum & Forster A&H announces acquisition of Partners MGU
24th February 2023
Crum & Forster (C&F) Accident & Health, a Fairfax Holdings insurance company, has announced the acquisition of Partners Managing General Underwriters (PMGU), a medical stop loss insurance agency. The acquisition marks C&F’s latest move in expanding its position within the self-insured marketplace. C&F continues to make investments in the Accident & Health ... Read the full article
Crum & Forster appoints Sipple as SVP, Inland Marine
22nd February 2023
Crum & Forster, a Fairfax Holdings insurance company, has announced that Michelle Sipple has joined the company as Senior Vice President of the Inland Marine practice within its Property Lines Division. In the role, she will be responsible for strategic initiatives to drive growth and profitability for the company's inland marine book. An ... Read the full article
C&F promotes Nick Economidis to Senior VP of Cyber Insurance
21st September 2022
Crum & Forster (C&F) has announced the promotion of Nick Economidis to Senior Vice President of eRisk. Economidis joined C&F as Vice President of eRisk in 2018, aiding with business line growth and the expansion of its tech and cyber underwriting group. He holds more than three decades of underwriting experience, including ... Read the full article
Crum & Forster launches new life insurance business unit
20th September 2022
Property & Casualty (P&C) insurer, Crum & Forster has launched a new life insurance business unit, helping to further build on the organisations 2021 acquisition of Monitor Life Insurance Company of New York. Both the acquisition and launch of a new life insurance business unit will allow the company to continue ... Read the full article
Crum & Forster names Nick Cook as new chief risk officer
11th August 2022
Crum & Forster has named Nick Cook to its new position of chief risk officer. Cook will report in his new position to Marc Adee, chairman and CEO of the firm. In this newly formed role, Cook will lead claim audit and claim litigation management in addition to continuing to oversee ... Read the full article
Drew Kovalsky named VP, Credit Underwriter of Crum & Forster’s Credit Division
4th August 2022
Crum & Forster’s Credit Division has announced the appointment of Drew M. Kovalsky as Vice President, Credit Underwriter. Kovalsky, a Chartered Financial Analyst, is responsible for the research, evaluation and underwriting of Crum & Forster’s suite of credit insurance and alternative risk finance products for North American customers and other select ... Read the full article
Crum & Forster terminates reinsurance agreement with AmerInst
19th October 2021
Property and casualty (P&C) insurer Crum & Forster has decided to discontinue a long-standing quota share reinsurance arrangement with AmerInst Insurance Group. Since September 2009, AmerInst’s Bermuda-based reinsurance business, AmerInst Insurance Company Limited (AMIC), has maintained a professional liability quota share agreement with C&F. Under the terms of the agreement, AMIC reinsured ... Read the full article
Crum & Forster receives Monitor Life acquisition approval
5th March 2021
Crum & Forster Accident & Health has received regulatory approval on its acquisition of Monitor Life which started at the end of last year. The acquisition of Monitor Life, previously a wholly owned subsidiary of AmFirst Insurance Company, has authority to operate in 27 states and the District of Columbia. C&F is ... Read the full article
Crum & Forster adds two to expanding eRisk team
23rd February 2021
Crum & Forster has expanded its eRisk team with the addition of Cassie Quaranta as an Executive Underwriter in the Northeast Region, and Vlad Borovskyi as an Underwriter in the Southeast Region. Both appointments will focus on underwriting Cyber Insurance, Technology Errors & Omissions and Miscellaneous Professional Liability (MPL) coverages. Quaranta joins ... Read the full article
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