Managing general agents (MGAs)
Fiducia boosts marine cargo MGA with senior underwriters
Marine cargo managing general agent Fiducia has appointed Angela McCluskie and David Heeney as underwriters.
Higos makes first acquisition following GRP buyout
Higos Insurance Services has made its first acquisition since being acquired by Global Risk Partners.
Gibraltar insurer withdraws £20m UK motor capacity in wake of discount rate cut
A Gibraltar insurer has become the first to withdraw capacity to a UK managing general agent in the wake of the discount rate cut.
Interview: Sian Fisher, Chartered Insurance Institute
A year into her role as CII CEO, Sian Fisher speaks to Martin Croucher about tackling discrimination and her plans for the body
JLT profits fall in 'challenging' trading environment
JLT has decried a “challenging” trading environment as it posts a 13% drop in pre-tax profits.
Asta invests in Arma Underwriting
Lloyd’s managing general agent Asta is to finance the development of Arma Underwriting, a London and Dubai reinsurance MGA.
MS Amlin boosts marine with Phoenix acquisition
Global specialty insurer MS Amlin, is to acquire 100% of the equity of Phoenix Underwriters, a Hong Kong based managing general agent specialising in yachts, super yachts and commercial craft.
Just Miles plans to help low mileage drivers get fairer polices
Just Miles is planning to launch an on-demand insurance service for low mileage drivers in a bid to make insurance fairer.
GRP investment will free Higos for acquisition spree
Regional broker Higos Insurance Services has the backing of its new owner Global Risk Partners for further acquisitions.
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.