The initial 2026 hurricane season forecast brought relief with expectations of a below-average season. But that sense of security was short-lived as NOAA announced that El Niño has developed in the tropical Pacific and predicts it could strengthen to strong…
Orchid Underwriters Agency, LLC (“Orchid”), a specialty underwriter of catastrophe-exposed property insurance, announced today that its financial sponsors, led by TowerBrook Capital Partners L.P. (“TowerBrook”), an international investment management firm, have entered into a definitive agreement to sell the company…
VERO BEACH, FL. – October 5, 2021 – Against a backdrop of unsettled property catastrophe markets, Orchid Underwriters Agency, LLC (Orchid Insurance), a leading specialty underwriter of catastrophe-exposed property insurance, announced today a new partnership with R&Q Accredited America (Accredited)….
VERO BEACH, FL – September 21, 2021 – Orchid Underwriters Agency, LLC (OUA), among the largest independent managing general underwriters, announced today the promotion of Ross Bowie to OUA Chief Underwriting Officer. The appointment consolidates underwriting responsibilities across OUA’s personal…
Jehane Myers recognized for maximizing human potential at specialty underwriter VERO BEACH. FLA. – Sept. 8, 2021 – Orchid Underwriters Agency, LLC, (“Orchid Insurance”), among the largest independent managing general underwriters in the United States, announced today that Jehane Myers,…
HOUSTON (August 3, 2021) — CrossCover Insurance Services, a new MGU targeting middle-market commercial business established in partnership with Orchid Underwriters Agency, LLC (“Orchid Insurance”), will begin writing middle market, excess and surplus property this month, Scott Hanson, founder and president of Houston-based CrossCover announced today.
Accomplished Senior Executive Previously Served as Specialty Underwriter’s COO VERO BEACH. FLA. – February 9, 2021 — As part of an ongoing effort to provide differentiated shareholder and partnership value to its customers, Kathy Cody was appointed President of Orchid…
VERO BEACH. FLA. – Dec. 15, 2020 – Orchid Underwriters Agency, LLC (“Orchid Insurance”), among the largest independent managing general underwriters focusing on catastrophe-exposed properties, has named Carey B. Smith, who has more than 25 years of experience as a…
TAMPA, Fla.- November 11, 2020 – (BUSINESS WIRE) — Orchid Underwriters Agency, LLC (Orchid), a specialty underwriter of catastrophe-exposed property insurance, and Homesite Group (Homesite), a national property insurer, announced today the creation of TRUE, a new reciprocal insurance company…
