R&Q’s Accredited adds seven programs in DecemberR&Q Accredited has announced it approved partnerships with seven new programs in December 2022 with these expected to add ~$130mn in gross written premium over the next 12-15 months.
Falvey grows capacity for 2023 as three programs transition to AccreditedFalvey Insurance Group has entered 2023 by adding to its underwriting capacity for the fifth consecutive year with the MGA platform now partnering with 35 different carriers and Lloyd’s syndicates who provide its capacity support.
McGowan unveils new AM Best A++ backed habitational CGL programProgram administrator platform McGowan Companies has brought to market a new commercial general liability (CGL) product backed by AM Best A++ rated capacity targeted at habitational risks such as apartment buildings and condominium associations.
Cyber risk specialist Safe Security launches MGA backed by A rated capacityCyber risk quantification company Safe Security has secured capacity support from an unnamed A rated fronting carrier that is also backed by a panel of reinsurers to launch a new MGA.
Counterpart launches miscellaneous PL product with Aspen capacityCounterpart has added another offering to its suite of products with the insurtech MGA unveiling a new miscellaneous professional liability coverage that will be written with capacity from Aspen Insurance.
Convelo teams up with Fortegra for non-profit PL programMGU Convelo Insurance Group has launched a new management liability insurance program on the AM Best A- rated paper of US insurer Fortegra to provide coverage for non-profit organisations.
Branch partners with Everspan to roll out personal lines program in 11 new statesHome and auto insurtech Branch has partnered with AM Best A- rated hybrid fronting carrier Everspan Insurance Company (EIC) to roll out its products in 11 new states.
R&Q confirms launch of $300mn sidecar Gibson Re in strategy milestoneRandall & Quilter (R&Q) has heralded the launch of its $300mn legacy sidecar as a key step in its mission to become a “capital-efficient, fee-oriented and data-driven company”.