All MGA articles – Page 3
-
NewsBrace Underwriting launches Brace USA
Beat capital backed Brace is launching in the US with Glenn Dorr as president and marketing head for North America.
-
NewsAlta Signa launches European marine division
Brussels-based MGA Alta Signa appoints Francesco Dubbioso, in Genoa, to lead its new marine unit.
-
NewsOptio expands MENA operation with senior Dubai appointment
New hire joins from Ardonagh Specialty as managing director of broking and general lines for Optio Re MENA in Dubai.
-
NewsRyan Specialty strikes deal to buy Castel from Arch
US re/insurance broker and MGA Ryan Specialty has signed an agreement to acquire Castel Underwriting Agencies in a deal expected to close in the first half of 2024.
-
NewsMGA Optio adds political violence, terrorism capacity
Specialty MGA has partnered with a US carrier to deploy fresh political violence capacity, reflecting greater appetite for the standalone insurance business, as buyers seek protection from terrorism and civil unrest risks, and reinsurers eye recent SRCC losses with concern for 1/1.
-
NewsO’Shea appointed CFC CEO after misconduct investigation by Lloyd’s
CFC announces senior management changes following the completion of an investigation by Lloyd’s into allegations of non-financial misconduct at the company, without disclosing the details of the probe or any allegations made.
-
NewsState National coming to UK MGA market through Markel International
Markel-owned US carrier State National Companies is to launch a “program services division” for UK MGAs in 2024, the insurer has announced.
-
NewsHowden Ventures innovation hub launches with £500m capacity
New incubator backed by delegated underwriting capacity from backed by Lloyd’s underwriters, including Tokio Marine Kiln, Chaucer, and Liberty Specialty Markets. Its first investment was named as CetoAI, a marine technology firm.
-
NewsFidelis MGU, Castlelake launch Itasca MGA for aviation business
Investment manager Castlelake said it believes aircraft non-payment insurance has the potential to unlock attractive financing increasingly out of reach for many aircraft buyers and owners.
-
NewsDUAL appoint Harries group underwriting director
Harries joins DUAL, the MGA arm of Howden from Berkshire Hathaway Specialty Insurance.
-
NewsAon launches FI Protect 360
A London market collaboration to “blend” traditional financial and cyber risks, Aon’s FI Protect 360 has access to $100m capacity per client.
-
NewsAtkin takes over from Card as Carbon chairman
After five years at the helm of Carbon Underwriting, Stephen Card has passed the chairman role to Rupert Atkin, former CEO of Talbot Underwriting.
-
NewsFidelis MGU makes several exec, senior changes
Richard Coulson has been promoted to deputy group CUO, remaining in his secondary role as CEO of insurance.
-
NewsHowden’s DUAL completes David Ashby Underwriting MGA acquisition
The bloodstock business adds to DUAL’s growing MGA book of business.
-
NewsPolo, Aon get approval for wildfire Lloyd’s Syndicate 1996
The wildfire risk is the latest of Lloyd’s “Syndicate-in-a-Box” programme.
-
NewsR&Q reorganises to sell Accredited arm, raises $50m equity
Randall & Quilter (R&Q) said it has completed a reorganisation to separate its legacy and programme management arms, to facilitate the sale of the latter, plus a capital raise of $50-60m.
-
NewsBMS buys Australian MGA GARD
Australian acquisition billed as a diversifier to BMS Group’s international operations.
-
NewsConvex backs aviation MGA as it prepares for takeoff
’Tackling sustainability and safety in aviation are among the greatest responsibilities of the insurance market,’ says head of aerospace
-
NewsRyan Dodd: Parametric solution ‘wasn’t the intent, it was the result’
Founder and CEO of Intangic says cyber insurance policy can ‘ease some of the headache’ for risk managers
-
NewsCyber MGA Intangic launches with AXA XL-backed parametric policy
The policy has two triggers: the level of malicious activity targeting a company, and a subsequent loss in value
