Reinsurance News
Great American Insurance Group
Great American, Hiscox & Control Risks expand collaboration
12th December 2022
Great American Insurance Group will continue to write Kidnap & Ransom (K&R) business while maintaining its relationship with Hiscox USA as they announce an expanded collaboration, along with Control Risks, a global specialist risk consultancy. According to the announcement, over the next year, all K&R policies will be written on Great ... Read the full article
WTW, Citi, & FCIA launch trade credit insured AR facility
22nd November 2022
WTW and Citi have successfully placed an innovative insurance facility with Great American Insurance Company's FCIA Trade Credit & Political Risk division, delivering a portfolio based, long tenor Accounts Receivable (A/R) financing solution by combining the benefits of two existing insurance products. In a joint release, the trio suggested that despite ... Read the full article
Great American announces leadership succession within Specialty P&C divisions
10th June 2022
Great American Insurance Group has promoted two divisional presidents within its Specialty Property & Casualty (P&C) Group, in anticipation of planned retirements. The first promotion is Michael B. Mulvey, who has been named Divisional President within Great American’s FCIA – Trade Credit & Political Risk Division. He will succeed Phil Lally, ... Read the full article
Great American promotes Michael B. Mulvey to Divisional President within its FCIA division
19th May 2022
Great American Insurance Group has announced the promotion of Michael B. Mulvey to Divisional President within its FCIA – Trade Credit & Political Risk Division. FCIA, underwrites and services the Trade Credit & Political Risk insurance policies of Great American Insurance Company. It has been part of the Great American Insurance ... Read the full article
Great American Insurance Group makes two promotions
10th February 2022
Great American Insurance Group promotes Jason M. Cohen and Julie F. Kadnar. The Great American Insurance Group has promoted Jason M. Cohen to senior vice president, along with Julie F. Kadnar, who will be the divisional group president within its property and casualty group. According to a statement from the company, Cohen ... Read the full article
Falvey partners with R&Q and Great American
19th January 2022
Falvey Cargo Underwriting has added R&Q Accredited America and Great American Insurance Group to its panel of security partners alongside its existing supporters: Lloyd's of London, Beazley, and Nationwide. In addition to onboarding these new partners, Falvey has increased its in-house claims settling authority from $350,000 to $500,000. This authority encompasses all ... Read the full article
Great American and Assurely to provide D&O insurance
7th January 2022
The Executive Liability Division of Great American Insurance Group and insurtech company Assurely, have entered an agreement to offer Directors and Officers Liability (D&O) insurance to private companies. The cover is aimed at private companies who raise capital via technology platforms/portals and the internet. The TigerMark insurance program protects companies raising capital ... Read the full article
Timothy Markey takes Divisional VP role at Great American
13th April 2021
Great American Insurance Group has announced the promotion of Timothy E. Markey to Divisional Vice President within its Fidelity / Crime Division. Markey joined Great American in 2017 as a Divisional Assistant Vice President. Since then, he has assumed roles of increasing responsibility and was named Head of Claims for Fidelity / ... Read the full article
Great American Risk Solutions promotes DeSoto to Divisional President
8th April 2021
Great American Insurance Group has promoted Brian DeSoto to Divisional President of its Great American Risk Solutions Division. DeSoto began his career in law, specialising in bankruptcy and commercial litigation, and has been at Great American Group for over 12 years, joining in 2008 as Divisional Assistant Vice President, Corporate Claims. In ... Read the full article
Great American’s Mark Lonneman to retire
3rd February 2021
Great American Insurance Group has announced the retirement of Mark Lonneman, divisional president of its Property & Casualty group’s risk solutions division. Lonneman's departure is effective in April and will see him part ways with a company he joined 41 years ago as a casualty underwriter in the agriculture excess and ... Read the full article
Great American names Kenneth Bearley divisional president
26th January 2021
Great American Insurance Group has announced the promotion of Kenneth R. Bearley to Divisional President within its Property & Casualty Group’s Bond Division. Bearley has over 26 years of experience working for Great American, first joining in 1994 as an underwriter in the Bond Division’s Pittsburgh office. He became a Bond Manager ... Read the full article
Great American bolsters ocean marine division leadership team
15th May 2020
Great American Insurance Group has announced the addition of both David Fowler and Gordon Lewis as divisional vice presidents within its ocean marine division. Fowler joins with over 30 years’ experience in the marine insurance industry and most recently served at Zurich as senior vice president of the Pacific region. He will ... Read the full article
LGU launches new Environmental Insurance product in Canada
23rd April 2020
Speciality MGA Lions Gate Underwriting (LGU) has announced the launch of a new Environmental Insurance solution within its offering that will be underwritten by Great American Insurance Group. The insurer backs a number of Lions Gate's solutions, and the new program offering will be managed by Rod Spurrell, Managing Director, Toronto ... Read the full article
Great American promotes Ken Bearley to divisional executive VP
15th April 2020
Great American Insurance Group has announced the promotion of Kenneth R. Bearley to the role of Divisional Executive Vice President within its Bond Division. Ken joined Great American in 1994 as an underwriter in the Bond Division’s Pittsburgh office and transferred to the Cincinnati home office in 2009. He has served in ... Read the full article
Great American names President of M&A Liability Division
26th November 2019
Great American Insurance Group has announced the promotion of Roy Reynolds to Divisional President within its Property & Casualty (P&C) Group, Mergers & Acquisitions (M&A) Liability Division. At the same time, Great American has named Garry Gordon as Divisional Senior Vice President, also for its P&C Group, M&A Liability Division. Reynolds joined ... Read the full article
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