insurance

DUAL, the specialist underwriting arm of Howden Group Holdings, has completed the acquisition of David Ashby Underwriting Limited ("DAU"), a MGA specialising in bloodstock and high value sport horse insurance. The latter had earlier been formed in 2020 following David Ashby's purchase of Amlin's bloodstock and livestock book and provided cover in Thoroughbred bloodstock, commercial breeding, rear and racing, and high value sports horses. David Howden, CEO, Howden, said: "Joining with David and his expert team deepens our connection to the equestrian world, and makes us a true differentiator in...

A co-owner of the deceased stallion Laoban (Uncle Mo) is suing a collective of insurance providers in an alleged wrongful denial of coverage case for failing to pay out on mortality policies in the aftermath of the 8-year-old's sudden death 10 months ago. The civil complaint was filed Mar. 22 in Kentucky's Fayette Circuit Court. Paulick Report first broke the story. According to the court filing, Cypress Creek Equine, LLC, wants the defendants--North American Specialty Insurance Company, XL Specialty Insurance Company and Underwriters at Lloyd's, London and Lloyd's Kentucky, Inc.--to...

The Jockeys' Guild and Colonial Downs Group have entered into a long-term industry partnership agreement. Under the terms of the multi-year deal, Colonial Downs will contribute to the Guild to help subsidize health insurance, life insurance and temporary disability benefits for members who regularly ride at Colonial Downs, as well as benefits for all jockeys who are members of the Jockeys' Guild and ride in the United States. "The safety of both jockeys and equine athletes is a priority at Colonial Downs," said Jill Byrne, Vice-President of Racing Operations at...