Managing general agents (MGAs)
Hiscox backs cyber capacity for Towergate MGA Fusion
Towergate-backed managing general agent Fusion has launched a cyber and data product offering limits of up to £5m.
Nexus Group's Colin Thompson on the evolution of MGAs
With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
Brit appoints programmes VP
Brit has appointed Tim Chesson as senior vice-president of programs for Brit’s US Global speciality business.
Post Power List 2017: David Margrett
CEO, Global Risk Partners
Hyperion enters partnership with Manchester City FC
Hyperion has entered into a partnership with Manchester City FC and New York City FC.
This Week in Post: Census, success and snow
The snowflakes trickling gently down from the skies across the nation remind me of the vast number of people who trickle through the doors of the insurance sector - people, our Census closes today!
Pardus launches Lloyd's backed contingency facility
Managing general agent Pardus has launched a contingency facility.
Markerstudy cancelled MGA capacity deals due to ‘conflict of interest’
Markerstudy said the decision to withdraw capacity for managing general agents was due to a potential “conflict of interest”.
Century MGA replaces lost Markerstudy capacity
Century Underwriting has replaced the capacity arrangement it had with Markerstudy with three new insurers.
Towergate MGA signs £45m capacity deal with Axa
Towergate has shifted the majority capacity provider for its farm managing general agent from RSA to Axa.
PIB acquisition spree continues with TFP capture
PIB Group made its seventh acquisition of 2016 with the capture of wholesale broker TFP Schemes.
Pen's Tom Downey on sustainable success in tomorrow’s schemes market
Everyone loves a good scheme — albeit we’re talking less Machiavellian, more magnanimous, when it comes to insurance.
Helios to acquire Lloyd’s underwriter Pooks
Helios will acquire Lloyd’s underwriter Pooks Limited for £870,659.
Dual financial lines pair take on ‘entrepreneurial’ role at Acapella MGA
Two senior underwriters from Dual have joined Acapella to launch a managing general agent business specialising in diverse financial lines.
BP Marsh takes a further 6.87% stake in Nexus
BP Marsh has acquired a further 6.87% in Nexus Underwriting for £4m.
Lloyd's to cut subscription costs by 10%
Lloyd's of London will reduce its market subscriptions by 10% for 2017 as part of efforts to keep the market competitive.
CG Holdings launches new MGA Corin Underwriting
Casualty & General Insurance Company Europe’s parent company CG Holdings is launching Corin Underwriting Limited, a managing general agent to handle its UK and Irish casualty risks.
Digital Insurance Collective Blog: Where do MGAs fit in?
A lot of attention has been drawn to the digital developments that are being undertaken by insurers in the direct market but, while direct is an important market, transformation of the indirect channel is also deserving of more attention.
Marine cargo MGA launches with backing from Hiscox
A regional cargo market managing general agent has launched in the UK, backed by capacity from Hiscox and Lloyd’s syndicates.
MGA launches claims management company
Managing general agent Nexus Underwriting has launched an independent claims company.
Insurtech start-up targets barriers faced by Generation Rent
An insurtech start-up will enable tenants to take up a rental contract without putting down a deposit.
Dual CEO Bains will be replaced by regional board of executives
Talbir Bains, the CEO and chief underwriting officer of Dual, will be replaced in his role by a regional board of senior executives.
Editor's Comment: Shout out to the start-ups
Several times in my life I've stopped and taken stock and upon realising things weren't quite as they should be, I've chosen a new path.
Lorega hires four directors to build new product lines
Lorega has appointed four new directors as part of the MGA’s growth strategy.