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Industry News


January 23rd, 2017 | 0 min. read

By Jonathan Waterman

On 12/18/16, Fairfax Financial announced its intentions to acquire Allied World for $4.9 billion.

The Press Release is found here.

Allied World has played in a significant role in providing various healthcare liability insurance products for several years.  AW solidified this role after acquiring Darwin Professional Underwriters back in October of 2008.  Darwin had a specialized focus on the world of healthcare liability.

Fairfax Financial is the parent company to Hudson Specialty, another significant carrier focused on healthcare liability insurance.


Jonathan Waterman

Jonathan, the Co-Founder and Chief Operating Officer of Ethos since its inception in 2004, has had a distinguished insurance career dating back to 1992. Beginning as an underwriter specializing in medical liability insurance for PHICO Group, he progressed to roles with Frontier Insurance Group and National Specialty Underwriters, Inc., before co-founding Ethos in 2004. Jonathan's background as a med-mal underwriter and in the wholesale market uniquely positions him to drive operational excellence at Ethos, utilizing his expertise in identifying data patterns. He has contributed to industry dialogue through his blog articles and participation as a panelist at events such as PLUS. Beyond his professional pursuits, Jonathan finds joy in family, a wide range of hobbies including music and sports.