Hadron, an insurance carrier focused on innovation in the delegated authority space, today announced the successful completion of its acquisition of The Guarantee Company of North America USA (GCNA) from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation. The acquisition, which was first announced in April this year, […]
Day: August 21, 2025
Pen Underwriting partners with Bridgehaven to support UK solicitors’ PI market
Pen Underwriting, the multi-class multi-territory managing general agent, has struck a strategic partnership with hybrid insurer Bridgehaven Specialty UK Limited, in support of the UK solicitors’ professional indemnity (PI) market. According to Pen Underwriting, the new agreement will see Bridgehaven provide capacity for its solicitors’ PI portfolio and underwriting footprint, […]
Allstate estimates $184m in catastrophe losses for July
The Allstate Corporation, a provider of personal property and casualty insurance in the US, has estimated catastrophe losses of $184 million or $145 million, after-tax for July. The company reported that the cat losses stemmed from 19 wind and hail events. By comparison, estimated catastrophe losses for July 2024 were […]
Top 5 benefits of business continuity planning
How do you prepare your organisation for the unexpected? Resilience and business continuity planning aims to be wise before the event, not after it.
Government to reassess the State Pension age
The UK Government has launched its third review of the State Pension age, assessing fairness, life expectancy, and financial sustainability.