UK MGA Alps has appointed Michelle O’Reilly as managing director, replacing the long-serving Ian Micklewright who is departing after more than 20 years with the business.
Redline Underwriting has secured capacity support from Allianz Commercial’s UK arm to begin underwriting general aviation coverage for small and medium-sized insureds based in the Latin America and Caribbean regions.
Robust M&A activity in the latter half of 2024, bolstered by recent and earlier interest rate cuts and a more favorable regulatory environment, “provide ample indicators of a hot M&A market for 2025”, according to Euclid Transactional's managing principal Jay Rittberg.
Amynta Group has bolstered its capabilities in the credit insurance market after it acquired Crum & Forster (C&F)'s credit division.
Nexus Underwriting, part of the Brown & Brown group, has entered into an agreement to acquire Arma Fusion Limited, the parent company of Dubai-based specialty reinsurance MGA Arma Underwriting Limited.
After years of volatility, the US small business property insurance market is beginning to stabilise, with increased capacity in constrained areas creating more options for coastal risks and fostering a competitive landscape, according to a new report from Amwins Access.
Florida carrier Security First will provide its paper to Embark MGA to launch what is being described as an “innovative” embedded HO5 offering through which the companies will enter the new home builders insurance segment in the Sunshine State.
Fast-growing insurtech Bolttech is expected to raise more than $100mn through a Series C fundraise led by Dragon Fund, by Liquidity and MUFG, alongside investors Baillie Gifford and Generali, through its private equity arm Lion River.
Lockton Re has launched a segment dedicated to programs and MGAs in the US, under the leadership of Jeff Fleming.
Neptune Flood has released a new report on the US residential flood insurance market, advocating for systemic reforms and a greater shift towards private market solutions.