Over half of managing agents join centralised DA platformThe London Market Group’s delegated authority platform goes live this week with a reported 60 percent of managing agents already signed up to the service.
Dual’s Tamesis takes Love from Hiscox ReHyperion-owned specialty excess of loss treaty reinsurance managing general agent Tamesis Dual has appointed Ben Love as director of underwriting.
Tokio Marine Kiln backs new AM Best rated US insurerFast-expanding Florida-based insurer United Insurance Holdings (UPC Insurance) has secured its first ever AM Best rating for a new carrier it is launching in partnership with Tokio Marine Kiln to write homeowners and commercial residential property business.
New Nordic sues Echelon over 2017 Qudos saleScandinavian focused investor group New Nordic has issued legal proceedings against the listed Canadian Insurance group Echelon Financial Holdings Inc after the failure of recent settlement talks, Re-Insurance can reveal.
Changing MGAs to change the chain: EdOnce again, the cycle of MGA popularity is growing, writes Robert Wildbore of Ed’s reinsurance division.
Friendly advice to the new Lloyd’s CEO…Toby Esser, chairman of AFL Insurance Brokers, on what he’d like to see the incoming market CEO John Neal concentrate on…
Nexus snaps up Altitude Risk Partners from CastelLondon-based managing general agent Nexus Group has acquired aerospace MGA Altitude Risk Partners from Castel Underwriting Agencies for an undisclosed sum.
R&Q inks three new program deals with European MGAsLondon-listed Randall & Quilter has added three new program underwriting partnerships with European MGAs to its books through its Malta-based subsidiary which takes the firm past the $200mn GWP milestone.
Lloyd’s syndicate takes policies from defunct-Danish carrier AlphaAn unnamed Lloyd’s syndicate has assumed liability for 177,00 policies that were written by the now-defunct Danish insurer Alpha.
AmWins secures Argo backing for two new marine MGAsWholesale broking giant AmWins has launched two new MGAs focused the marine market – Amwins Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters (SMU).
Volante launches motor MGAVolante Global, the MGA platform led by Talbir Bains, has launched its latest MGA - Gentium Motor.
Sciemus CFO becomes latest to depart as it puts Lloyd’s plans on iceIrfan Haq, the chief financial officer of satellites-to-cyber risk modelling and MGA firm Sciemus is to follow the underwriter’s CEO to the exit, re-Insurance.com understands.
Sciemus CEO steps down as rebrands to OccamSciemus, the satellites-to-cyber risk modelling and MGA firm, has taken its inspiration from the fourteenth century English philosopher William of Occam as it rebrands to Occam Underwriting.
Pioneer strengthens property cat team with BMS hireManaging general agent Pioneer has has hired James Sharpington from broking house BMS.
Allied World’s Bertagna heads for Zurich to lead MGA pushEnrico Bertagna has been made head of managing general agents network for commercial insurance at Zurich Insurance.
BP Marsh takes stake in Australian MGABP Marsh has acquired a 20 percent stake in Australian managing general agent ATC Insurance Solutions, the UK-based insurance investment house announced today.
Dual takes Pioneer founder DohertyDarren Doherty, the founder and former CEO of Pioneer, is to join the London managing general agent’s Hyperion-owned rival Dual.
Folgate resuscitated to write UK insurance againFormerly-defunct Towergate insurer Folgate has been revived by its new owner APC Underwriting, a managing general agent.
Nexus Group appoints underwriting non-execNexus has appointed Karen Morris as a non-executive director of its underwriting operations.
Managing agencies prefer Lloyd's Brussels subsidiary over own EU hubManaging agencies favour the use of the Lloyd’s Brussels subsidiary over their own European subsidiary when Britain leaves the European Union, according to a poll by the Lloyd’s Market Association (LMA).