Managing general agents (MGAs)
PRA to reduce oversight of Lloyd’s managing agents
The Prudential Regulatory Authority has said that Lloyd’s managing agents will face a “lower level of supervisory interaction”, as the regulator moves to deliver on its competitiveness and growth objective.
Diary of an Insurance PR: Full Circle’s Kirsty Plank
Kirsty Plank, director of Full Circle Communications, shows her appreciation of Dolly Parton’s lyrical genius, gets a boost from Pepsi Max as she compiles social media engagement reports and turn journalist when she interviews Insurance Post’s content…
Diary of an Insurance PR: Spotlight Consulting's SJ Wrigley
SJ Wrigley, founder and director of Spotlight Consulting, talks about her strategic approach, the importance of female mentorship, singing, and wild swimming.
Understanding the dangers of working at height
Stuart Dickinson, senior underwriter at Square Pegs, examines why working at height injuries and associated medical costs are increasing in the UK and why greater heights do not mean more claims.
Fronting insurers and traditional carriers vie for MGAs’ favour
Managing general agents may be able to reap more of the reward of their underwriting activity by partnering with fronting insurers rather than traditional carriers, Bridgehaven CEO Paul Jewell has said.
MGAA’s Keating says insurers must hold their nerve on rates
Trade Voice: History tells us that a sensible, hard market is often followed by a more unruly soft market. Mike Keating, CEO of the Managing General Agents’ Association, urges insurers to not sacrifice technical underwriting on the altar of new business.
FCA issues warning as it continues to identify ‘low value’ products
The Financial Conduct Authority has identified further “low value” insurance products, the regulator’s head of market interventions for insurance has said.
MGAs must ‘hold capacity providers to account’ over service
A panel at the Managing General Agents’ Association conference earlier this week has urged MGAs to hold their capacity providers to account, as members emphasised the importance of “diversified capacity”.
Aurora pushes automation envelope with commercial combined launch
Aurora has said that its data-driven algorithmic model has enabled it to launch its commercial combined offering with maximum limits well beyond the industry standard for digitally traded business.
British Insurance Awards 2024 winners revealed
Aviva was among the big winners with four outright prizes at last night’s (3 July) British Insurance Awards, on an evening where former British Insurance Brokers’ Association CEO Steve White was recognised with The Achievement Award.
Evolving the insurance claims supply chain
The post-Covid world has thrown a wrench into the well-oiled machines of insurance claims. A persistent lack of resources – from car parts to building supplies – is causing delays and frustrations for both insurers and policyholders. In this environment,…
Acrisure UK MGA targets trebling of GWP
Acrisure’s UK managing general agent operation has set its sights on more than trebling its gross written premiums within three years, following a relaunch of the business last year.
Wakam looking to exploit ‘unlimited UK potential’ following regulator approval
French B2B2C insurer Wakam has received approval by the Financial Conduct Authority and Prudential Regulation Authority to launch a UK subsidiary.
Hughub CEO and former SSP director Jonathan Davey retires
CEO of Hughub and former SSP director Jonathan Davey has retired after a 36-year career.
Zurich and Freedom Services partnership targeting £50m GWP in year one
Zurich UK has penned a five-year deal with managing general agent Freedom Services under which the insurer will provide capacity for an existing commercial vehicle book as well as a fresh telematics play.
MGAA’s Keating on the need for more data sharing
Trade Voice: Mike Keating, CEO of the Managing General Agents’ Association, says data sharing is a two-way street and capacity providers need to be more open with MGAs.
Mandy Hunt named as MD of Clear Group MGAs
The Clear Group has appointed former RSA chief underwriting officer Mandy Hunt as managing director of its managing general agent business.
British Insurance Technology Awards shortlist 2024 announced
Today Insurance Post can reveal the shortlist for the 2024 British Insurance Technology Awards.
Who’s next on Lloyd’s Big Game hit list after snagging Aviva?
Content Director’s View: With Aviva tipped to return to Lloyd’s in 2024, Jonathan Swift weighs up who else might be trailed, tracked and snared by the market’s CEO John Neal.
Q&A: Paul Jewell, Bridgehaven
Paul Jewell, CEO of Bridgehaven, talks to Insurance Post about the advantages of the hybrid fronting model and reinsurers’ reticence around motor business.
Diary of an Insurer: Aurora’s Lauren Stables
Lauren Stables, head of digital trading at Aurora, works on the start-up MGA’s next product launch, shares ideas with brokers and providers while also mucking out her horses and playing ball with her four dogs.