Core Insights - Skyward Specialty Insurance Group has launched a new Aviation underwriting unit, marking its entry into the specialized aviation market following the acquisition of Acceleration Aviation Underwriters [1][2] - This strategic move is part of the company's growth strategy, focusing on technology and data-driven underwriting to tap into specialized and underserved markets [2][4] Company Strategy - The acquisition of Acceleration provides Skyward Specialty with a seasoned team of aviation experts, enhancing its capabilities in niche markets [3][4] - The integration of Acceleration's expertise with Skyward's advanced analytics and tech-enabled underwriting positions the company to scale its aviation business effectively [4] Market Position - Skyward Specialty aims to strengthen its position in the aviation market by focusing on smaller, overlooked risks, which aligns with its overall strategy of investing in specialty markets [4] - The company operates through nine underwriting divisions, indicating a diversified approach to its insurance offerings [5] Company Overview - Skyward Specialty is recognized as a rapidly growing and innovative specialty insurance company, providing commercial property and casualty products [5] - The company's subsidiary insurance companies are rated A (Excellent) with a stable outlook by A.M. Best Company, reflecting its strong financial standing [6]

Core Insights - Markel Insurance has launched Financial Institutions (FI) solutions in Australia, featuring localized wordings to cater to a diverse range of organizations within the sector [1][2] - The introduction of these solutions follows the launch of localized Commercial Professional Indemnity solutions in 2024, as part of Markel's strategy to progressively offer specialized insurance products in the Australian market [2][5] - The new FI solutions are aimed at various financial institutions, including private equity funds, mutual funds, venture capital funds, non-bank lenders, credit unions, REITs, superannuation funds, banks, investment companies, and FinTech firms [2][4] Company Strategy - The new FI solutions team will be led by Senior Underwriter Lan Pham in Melbourne and Senior Underwriter Daisy Galvin, who has moved from London to Sydney, enhancing local underwriting expertise [3][6] - Markel has recognized a growing demand for financial lines in Australia, driven by the digital economy's expansion, increased scrutiny on director liability, and notable cyber breaches [4][5] - The company aims to address the unique risks faced by financial institutions, including climate and ESG disclosure, cybersecurity threats, and regulatory changes, by providing tailored insurance solutions [5][6] Market Position - Markel's entry into the Australian market began in 2023, with the launch of localized FI solutions marking a significant step in its growth strategy [5][6] - The company emphasizes the importance of having locally empowered underwriters to better serve the Australian market and meet the specific needs of financial institutions [6]

HOUSTON, April 10, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.™ (NASDAQ:SKWD) ("Skyward Specialty" or "the Company") expects to issue its first quarter 2025 earnings results after the market closes on Thursday, May 1 which will be available on the Company website at investors.skywardinsurance.com/ under Quarterly Results. Skyward Specialty will host its earnings call to review the first quarter 2025 financial results on Friday, May 2 at 9:00 a.m. EST. Investors may access the live audio ...