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Markets/Coverages: MGA Pen Expands International Cover for UK Recruitment Agencies

Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities. With immediate effect, Pen’s …

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Selectsys Acquires Expert Insured, with AI for Carriers, MGAs

Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and managing general agents. Terms were not disclosed. With headquarters in Boston, Expert Insured also has …

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Connecticut Lawmakers Ban Use of Foreign-Made Drones by State, Local Agencies

HARTFORD, Conn. (AP) — Connecticut lawmakers passed emergency legislation this week prohibiting state agencies and municipalities from purchasing or using Chinese and Russian drones while also imposing restrictions on where drones can be operated in the state. The bill comes …

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