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Society of Actuaries appoints CEO
The Society of Actuaries (SOA) announced Clar Rosso will become its new chief executive officer in May. Rosso will replace Greg Heidrich, who has served as CEO since 2007 and announced his retirement last year. The SOA conducted a comprehensive global search with an executive recruiting firm and search committee.
Rosso brings extensive leadership experience from global professional organizations. Most recently, she served as CEO of ISC2, a cybersecurity professional association. She previously held executive leadership roles at the Association of International Certified Professional Accountants (AICPA & CIMA), where she led market growth in Europe, Asia, Africa and Latin America.
Delos Insurance expands coverage in California wildfire zones
Delos Insurance Solutions announced it has expanded insurance eligibility to more than 1 million additional homes in wildfire-stressed areas across California. Delos can now write coverage for
The expansion results from two factors: increased confidence in the company's wildfire risk model, which added 270,000 homes in five counties surrounding the Eaton and Palisades fire footprints, and increased underwriting capacity from A-rated insurance providers. The model enhancements incorporated refined high-resolution wind data and datasets related to suppression efficacy and urban conflagration potential. Delos analysis found that 65% of areas other insurers deem too risky are acceptable risks for its model, and more than 50% of homes on the California FAIR plan are eligible for Delos policies.
"Many homeowners in California are still finding insurance hard to access, and many agents in California are struggling to find insurance to help their clients. It is our mission to change that," said Kevin Stein, CEO, in a press release.
The company operates as a managing general agent (MGA) through 14,000 California-based broker and agent distribution partners.
Starr completes acquisition of IQUW Group
Starr, a global investment and insurance organization, has completed its acquisition of IQUW Group, creating an expanded specialty reinsurance platform with enhanced capabilities across the London market, Bermuda and U.K. retail motor. The transaction, which received all required regulatory approvals, establishes Starr's managing agency as the ninth-largest at Lloyd's. Financial terms were not disclosed.
In 2025, IQUW Group wrote $1.88 billion in gross written premium through IQUW (Syndicate 1856), ERS (Syndicate 218), and IQUW Re Bermuda. Syndicate 1856 will be rebranded as Starr, and IQUW Re will trade as Starr Re. ERS, the U.K.'s largest specialist motor insurer at Lloyd's, will continue to trade under its existing brand, while there will be no brand change to Starr's Syndicate 1919.
"The completion of this transaction advances Starr's strategy to build a global, diversified, best-in-class underwriting business," said Jeff Greenberg, chairman and co-chief executive officer of Starr,
Peter Bilsby, who will lead Starr's international business, noted the IQUW Group was built as "a high-performing, specialist platform defined by great talent and market-leading data and technology," and as part of Starr can "take advantage of being part of a stronger and more diversified global organization," he said in a press release.
MISSION Underwriters launches Latin America platform
MISSION Underwriters, a technology-driven program administrator, announced the
Operating from Miami, MISSION LATAM will partner with experienced underwriters to develop facultative reinsurance programs for Latin American risks, initially targeting property, financial lines, and specialty segments.
Pedroza brings more than 20 years of reinsurance experience in Latin America, most recently serving as CEO of a reinsurance brokerage with regional operations. He previously served as CEO of AIG Ecuador and held senior roles at AIG including Regional Counsel for Latin America, COO of AIG Brazil, and Andean Zone Leader.
These summaries were crafted using AI and then reviewed by the Digital Insurance editorial team.
