All MGA articles – Page 4
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NewsLondon-based specialty MGA Nirvana launches
Nirvana has been set up by founding directors Kabir Chanrai and Rob Jones after a buyout from Castel
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NewsCoalition enters excess cyber market in the UK
The additional capacity will help more businesses get the coverage they need to protect themselves from digital risks
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NewsInsurance M&A hits post-pandemic peak in 2022
There were 449 completed M&As last year, the highest for a decade, with strong prospects for 2023, says Clyde & Co
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NewsDavid Robinson appointed CEO of Optio Group
He was instrumental in establishing Optio Re MENA Ltd, which began trading February 2023
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NewsNew casualty-focused MGA Casper to launch in the UK
It will operate independently as a sister entity of Miller, with capacity support from Argenta
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NewsOptio Re MENA commences trading
The specialty MGA is now open for business in MENA through its Dubai-based operation
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NewsHowden Tiger offers “new force” in reinsurance broking
The broker is turning its sights to ’high growth specialist areas’ including MGAs and facultative reinsurance
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NewsFidelis completes landmark MGU and balance sheet split
The Fidelis MGU is headed by Richard Brindle with Jonny Creagh-Coen head of strategic relationships
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NewsLime Syndicate Management gets green light from Lloyd’s
Headed up by former Barbican boss David Reeves, it will offer new clients a legacy-free ‘plug and play’ solution
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NewsDescartes launches balance sheet insurer
Sébastien Piguet, Descartes Underwriting’s chief underwriting officer, will serve as CEO of Descartes Insurance
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NewsAndy Holmes: Cyber will be the biggest risk code for Lloyd’s in 2023
CFC’s chief underwriting officer says cyber insurance has ’had to grow up’, but balancing regulation and value propositions is tricky
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NewsConnect launches energy reinsurer Pixel Re
Start-up reinsurer will provide facultative capacity for attachment points of typically $500m and above
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NewsApollo partners with Envelop Risk for cyber reinsurance
Envelop Risk is a cyber reinsurance MGA with an ambition of establishing a platform within the Lloyd’s market
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NewsVolante opens shop in the DIFC
It will offer a combination of treaty and facultative reinsurance across multiple lines through Lloyd’s Syndicate 1699
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NewsUK specialty MGA launches for hard to place risks
The team is headed up by energy underwriter Philippe Bara and property fac underwriter Mark Palmer
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NewsOptio establishes MGA and reinsurance broker in Dubai
Dr Ahmed Ramadan and Moayyad Abu Hayyeh join as CEO and CUO, A&H, from Besso Re
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NewsAsta and Acrisure to launch 'low-touch' Flux syndicate
Flux is expected to generate gross written premium of £106.7 million in 2023, of which 70% is new to Lloyd’s
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NewsHowden RE and TigerRisk to create mega MGA business
Howden Tiger SabRE will become an MGA/Programme broking group with over $6 billion of premium
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NewsOcean Re expands into Europe with Oceva Risk acquisition
Ocean Re is also looking to acquire or launch an insurance/reinsurance business in Europe and the UK
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NewsMitsui Sumitomo confirms Transverse buyout
The acquisition increases MSI’s US presence and offers access to specialist MGA, wholesale and other broker-led distribution channels
