Managing general agents (MGAs)
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.
Transactor to host Pukka's commercial vehicle scheme
Transactor Global Solutions has partnered with Pukka which will see the MGA’s soon to be launched commercial vehicle scheme distributed via the Transactor software system.
Blenheim Syndicate launches with capacity of £150m
Blenheim Syndicate has been granted permission by Lloyd’s to launch, with a capacity of £150m for year one.
Standard Club expands Nordic footprint with MGA venture
The Standard Club has increased its footprint in Scandinavia by launching a Managing General Agency joint venture with Oslo-based Lloyd’s approved marine insurer Hydor AS.
Century launches new underwriting division
Century Underwriting has launched a liability underwriting division and made two senior appointments.
Peak Re and warranty MGA Nexassure partner in Asia
Hong Kong-based extended warranty MGA Nexassure has secured a reinsurance partnership with Hong Kong-headquartered reinsurer Peak Re for insurers in Asia.
UK General suspends AR activity over mis-selling allegations
UK General Insurance has been ordered by the Financial Conduct Authority to look into alleged mis-selling by its appointed representatives.
AA underwriting business expands into home
AA’s newly launched underwriting business is on target to write 100,000 policies in the first year of its launch.
Fair presentation for MGAs important for Insurance Act
The issue of transparency was a discussion point at the Managing General Agent's Association annual conference in July. As a watch word for the industry, it can, of course, mean different things to different people.
XL Catlin to acquire Lloyd's MGA in Australia
Global insurer XL Catlin has entered into an agreement with Paul Hines, the owner of Sydney-based Brooklyn Underwriting, to acquire the MGA.
James Gerry steps down from MGAA chair after six months
James Gerry has stepped down as chairman of the Managing General Agents Association after just six months on the job.
AIG tipped to sell stake in Ascot Underwriting
American International Group is in discussions to sell its shares in Ascot Underwriting.
Clydesdale Bank confirms 'appetite' to assist MGA's as Lorega lands £2.75m funding package
Lorega has secured a £2.75m funding package from Clydesdale Bank’s specialist and acquisition finance team for "additional growth".
Towergate plunders Compass motor division with two senior appointments
Towergate Insurance has expanded its London Market motor fleet team with two new appointments from rival broker Compass.
So Sure to launch 'revolutionary' social peer-to-peer mobile insurance app
Managing general agent So Sure, which specialises in insuring mobile phones, is about to launch a new model of “social insurance” via an app-based peer-to-peer product.
Enterprise parent company to expand MGA following insurer's collapse
The parent company of collapsed insurer Enterprise is looking to amend the remit and secure additional capacity from an alternative re-insurer for its Managing General Agent Andeva.
Evolution's Paul Upton on making human intervention as smart as possible
Paul Upton, CEO of Evolution Underwriting, asks if man and machine can ever work in perfect harmony