article thumbnail

MDP-backed Navacord adds Unity Managing Underwriters

PE Hub

Unity Managing Underwriters provides creditor, life, disability and extended warranty products for personal and commercial vehicles. The post MDP-backed Navacord adds Unity Managing Underwriters appeared first on PE Hub.

article thumbnail

What is an Insurance Underwriter? (Definition and Key Responsibilities)

Peak Frameworks

An insurance underwriter is a professional responsible for evaluating the risk of insuring a person or asset and determining policy terms. Originating from marine insurance in Europe during the 17th century, underwriting has come a long way. The Process of Underwriting Risk Assessment Let's take the example of life insurance.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Exchange Underwriters Joins World Insurance Associates

Global Newswire by Notified: M&A

13, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Exchange Underwriters, Inc. Iselin, NJ, Dec. of Washington, PA on December 1, 2023.

article thumbnail

Investment banks squabble over carbon footprint of underwriting deals

Financial Times - Banking

Working group votes on whether to exclude portion of underwriting deals from net zero targets, but critics see ‘double standards’

article thumbnail

Important RWI Considerations under the Corporate Transparency Act

JD Supra: Mergers

Given the breadth of standard representations and warranties insurance (“RWI”) policies, carriers and underwriters should be aware of these new requirements and their impact on RWI policies issued in 2024 and beyond. In the below legal update, the Seyfarth RWI Underwriting Counsel team describes the new filing. By: Seyfarth Shaw LLP

article thumbnail

5 Essential Tips for Tailoring Your Diligence Plan to Secure R&W Insurance in Manufacturing Deals

JD Supra: Mergers

It is no secret that a representations and warranties (R&W) insurer’s underwriting focus is informed by industry-specific risks and claims experience. For manufacturing businesses, aligning the buyer’s diligence plan and the insurer’s expectations is especially important given the need for advance planning and logistical coordination.

article thumbnail

FAQs on the Q3 2023 Reps & Warranties Insurance

JD Supra: Mergers

Given the current state of the market, deal flow is down and, therefore, so is the number of submissions getting sent to representations and warranties insurance (RWI) underwriters. Underwriters are poised to strike when the market picks back up again but, in the meantime, where does that leave us? By: Woodruff Sawyer

Insurance 130