Managing general agents (MGAs)
Blog: What the Oak acquisition means for RSA, Zurich and the wider market
Jonathan Swift looks at whether RSA selling Oak Underwriting to Zurich is going to trigger a bolt-on bonanza - and if it really equates to Manchester United selling Carlos Tevez to Manchester City
Seeking the ultimate 'flying Uber car' is unrealistic, Equipsme boss warns insurtech investors
Exclusive: Private equity providers need to have realistic expectations when investing in insurtech start-ups, because they are unlikely to find the next “flying Uber car”.
Cloud-based insurtech eyes up US MGA market following €2.2m funding round
Cloud-based insurtech platform Insly has raised €2.2m led by venture capital firms Concentric and Black Pearls.
Over half of Lloyd’s MGAs have under resourced teams
The majority of Lloyd’s managing agents are struggling with a lack of resources in their delegated authority teams.
Nexus snaps up Apsley Specialty
Nexus Group has acquired Lloyd's coverholder Apsley Specialty.
Ex-Axa director sets up insurtech MGA for SME market
Ex-Axa boss Matthew Reed has launched an insurtech MGA targeted at SMEs.
Towergate Underwriting rebrands as Geo Underwriting
Towergate Underwriting has restructured and rebranded to become Geo Underwriting.
Interview: ABC Investors - Bunker, Cassidy, Castle, Horton and O’Roarke
With their restrictive covenants expiring at the end of 2017, the former LV general insurance management are now free to re-enter the market. Jonathan Swift speaks to the quintet about their new consortium ABC Investors, digital innovation and what it…
Former AIG UK boss Jacqueline McNamee returns with insurtech MGA
Jacqueline McNamee, former managing director of AIG in the UK, is to return to the market fronting a new Insurtech start-up.
CII consulting on new corporate chartered title
The Chartered Insurance Institute is considering introducing a new chartered designation to reflect the current shape of the insurance market.
Cyber MGA Ascent Underwriting acquired by Preservation Capital Partners
Preservation Capital Partners has acquired cyber and specialty lines managing general agent Ascent Underwriting.
Ardonagh sells remaining Broker Network stake for up to £30m
Nevada Investment Holdings has purchased the remaining 19.9% of Broker Network from Ardonagh Group.
Volante launches first London Market MGA
Volante has launched Edison Motor, its first London Market-based managing general agent.
Nexus names insurance CEO ahead of potential IPO or sale
Nexus Group has named Mike Sibthorpe as CEO of its insurance and reinsurance business as the business gears up for a potential sale in 2018.
Axis to consolidate Lloyd’s business into Syndicate 1686
Axis Capital has initiated plans to consolidate its Lloyd’s business into Axis Syndicate 1686.
Analysis: Why Amazon is ready to eat your lunch
Wherever you turn, Amazon seems to be the talk of the town.
Analysis: Does the Bluefin scandal signal a wider problem with brokers?
Last month, the Financial Conduct Authority fined Bluefin £4m for misleading customers over its independence from then-parent company Axa.
Fidelis takes stake in surety MGA
Bermuda-based Fidelis has taken an equity stake in small business MGA Firestone Surety.
Spotlight on professional indemnity: SME cover for 2017 and 2018
The competitive insurance market has triggered low premiums for professional indemnity cover but Terry Pegg, director of sales and marketing at Tokio Marine HCC, argues this does not mean that standards in policies or service levels should be slipping.
Interview: Lyndon Wood, Moorhouse Group
Lyndon Wood is an author, TV presenter and entrepreneur behind the largest independent insurance broker in Wales.
Former Aspen head launches Chord Re MGA
Former Aspen Re head Stefan Long has launched managing general agent Chord Re, which will underwrite on behalf of Neon Syndicate 2468.
MGAA'S Peter Staddon on giving young entrepreneurs a hand up 'the greasy pole'
The insurance industry can sometimes be slow to embrace change but Peter Staddon, managing director at the Managing General Agents’ Association, says it's time to help young professionals on their journey.
Fidelis launches MGA Radius
Fidelis has launched its first managing general agent, Radius, to be run by Rob Ashton.
Editor's comment: Fashion is fickle
Fidget spinners, dabbing and the bottle flip are just three of the crazes that my son brought home from school during the last academic year. Luckily for me, unlike Pokémon - which has been in our house for three full years now - these were short-lived…