Concert launches Harmony Re sidecar led by Swiss Re CorSo’s ScamborovaFronting services specialist Concert Group has launched Harmony Re as its fully owned sidecar, with Katarina Scamborova appointed president of the new vehicle.
Beat launches professional liability-focused proRISE led by former Hiscox exec KarppAmbac-owned MGA incubator Beat Capital Partners has unveiled proRISE Insurance Services, led by former Hiscox and AIG executive Doug Karpp.
E&S veteran Miller launches Ambac-backed MGA Pivix SpecialtySurplus lines veteran Mike Miller has brought a new E&S-focused MGA to market called Pivix Specialty Insurance Services, which this publication understands is backed by Ambac as the start-up’s primary investor.
Bspoke secures three-year capacity deal with SiriusPoint InternationalSpecialist MGA consolidator Bspoke Group has penned a three-year capacity deal with SiriusPoint, with an initial focus on property and accident and health lines.
Tuckerman launches Lloyd’s capacity backed allied MPL programTuckerman Underwriting has secured capacity from Lloyd’s of London to support its new surplus lines allied medical professional liability with commercial general liability program, with the MGA’s latest offering led by new hire Christie Urita.
Core Specialty and Distinguished unveil contract bonding programCore Specialty has entered into a new capacity agreement with Distinguished Programs to begin offering customized contract bonding solutions for businesses in diverse industries.
TIE partners with Cimarron on trucking programMGA Transportation Insurance Experts has partnered with Cimarron Insurance Company to launch a proprietary commercial auto liability package insurance program designed for small to mid-sized trucking risks, Program Manager can reveal.
Thomas Miller launches standalone energy MGA NavataLondon-headquartered mutual insurance group Thomas Miller has launched standalone MGA business Navata, which will underwriter a broad portfolio of energy risks.
Connect UW launches reinsurance MGA Brics to provide emerging markets capacityConnect Underwriting has launched reinsurance MGA Brics UW to provide capacity to emerging markets.
Nirvana inks multi-year EEA cyber capacity deal with AvivaNirvana has agreed a multi-year capacity deal with Aviva which will see the expansive MGA write a portfolio of cyber business throughout the European Economic Area backed by the personal lines giant.
Redline gets Lloyd’s capacity for LatAm and Caribbean property fac offeringRedline Underwriting has secured capacity from a panel of Lloyd’s syndicates to write a book of property facultative reinsurance business in Latin America and the Caribbean.
Nexus launches Bentele-led US alternative risk transfer businessNexus Underwriting, the specialty MGA platform of Kentro Capital, has launched a new alternative risk transfer business in the US, led by Christof Bentele.
Rokstone unveils multi-year US and intl capacity agreement with AccreditedSpecialty MGA Rokstone has penned a multi-year capacity agreement with Onex Partners-owned Accredited Insurance Program Management, covering both US and international business.
Fidelis Pine Walk setting up new casualty MGAFidelis’ Partnership’s Pine Walk operation is in the process of establishing a new casualty cell in what will be the MGA platform’s tenth offering, The Insurer can reveal.
Ryan Specialty’s Sapphire Blue inks exclusive deal with MagMutualRyan Specialty’s Sapphire Blue subsidiary has entered into an exclusive underwriting relationship with MagMutual.
Zurich’s Cowbell buy-in may spur Axa and Generali to seek cyber MGA partnerships: CitiZurich’s investment into cyber MGA Cowbell may spur European multiline rivals Axa and Generali to seek similar investments or partnerships as the available pool of cyber MGA relationships shrinks, Citi analyst James Shuck has said.
Connect launches Stability Re to provide binder capacity to London MGAThe Connect Group – including specialist reinsurance MGA Connect Underwriting – has launched a new specialty reinsurer, Stability Re.
Ex-Albus and PERse UW Dench working on launch of renewables MGA ImmaculataFormer Albus and GCube underwriter Scott Dench is lining up capacity to support a new London renewable energy-focused MGA called Immaculata and is targeting a September launch, Program Manager can reveal.
SiriusPoint partners with Irish MGA Service First on property owners programSiriusPoint has announced a strategic partnership on a property owners program with Service First Insurance, an MGA that provides insurance solutions for the commercial and business markets in the Republic of Ireland.
CargoCorp makes GL play backed by Sompo International capacityCargoCorp Underwriters has inked a deal with Sompo International that will see the carrier become the lead capacity provider for the Miami-headquartered MGA’s general liability offering.