Applied Underwriters Acquires Leading International Yacht, Excursion and Pleasure Craft Underwriting Facility
UK Based Concept Special Risks MGA Specializes in US and Caribbean Markets for Extensive Vessel Classes
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OMAHA, Neb., Feb. 3, 2021 /PRNewswire/ Mr. Steve Menzies, Chairman, Applied Underwriters, has announced that the Company will acquire Concept Special Risks, a UK based international MGA that is a leader in providing coverage for an extensive variety of nautical vessels and operators across the globe. Based in Yorkshire, UK, since its founding in 1999 by Tony Usher, Concept Special Risks is a licensed cover holder at Lloyd s and holds a dominant market position in the US and Caribbean markets for motor yachts, trailer craft, sailboats, and catamarans covering both private/pleasure and charter.
Applied Specialty Underwriters Names Black to Lead Middle Market Surplus Lines January 19, 2021
Applied Underwriters has named John Black, Sr., CPCU, to lead its expansion into middle market surplus lines.
As executive vice president of the newly-expanded Applied Specialty Underwriters, Black, who has 35 years of underwriting experience, will focus on middle market excess and surplus (E&S) casualty risks, with primary and excess property planned for introduction in 2021.
Black served most recently as chief executive officer of Base Consulting and before that as chief underwriting officer of CM Vantage Specialty, an E&S insurer division of Church Mutual that he co-founded. Black has held leadership roles at regional, national and international insurers including QBE, Capitol Insurance and Crum & Forster in underwriting, marketing, compliance, IT, and product management functions, for both admitted and specialty insurers. He will work from Applie