Managing general agents (MGAs)
Northcourt launches £65.5m capacity nuclear liability facility
Lloyd's managing general agent Northcourt has launched a global nuclear liability insurance facility initially offering up to $100m (£65.5m) of capacity.
MGA start-up gambling on growth of HNW homeowner market
Large numbers of homeowners with significant assets are failing to purchase appropriate insurance cover, according to the chairman of a newly launched managing general agency targeting the high net worth market.
Pen looking to expand product offering and branches in 2015
Arthur J Gallagher's Pen Underwriting has outlined plans to grow its product offering and branch network this year.
Mobius Underwriting hires underwriter from Allianz
Adam Thackeray has joined Lloyd's coverholder Mobius Underwriting Australasia.
Century targets 20% GWP growth and product expansion in 2015
Commercial motor managing general agent Century Underwriting is eyeing a further 20% gross written premium growth in 2015 after chalking up £15m of GWP during the previous 12 months.
Nexus grows capacity for 2015
Managing general agent Nexus Underwriting Management Group has secured increased capacity across its core specialty lines for 2015.
Hiscox buys two MGAs from Randall & Quilter
Hiscox has bought two London-based managing general agents R&Q Marine Services and Synergy Insurance from Randall & Quilter Investment Holdings.
Underwriting Agencies Council launches expo in New Zealand
The Underwriting Agencies Council, based in Sydney, will host its inaugural expo in New Zealand on 16 February at Auckland.
C-Suite - MGA: 2015: Back to reality
A new phase of uncertainty kicks off 2015 with more woes in the Eurozone and a looming general election
Transactor launches MGA division
Software provider Transactor Global Solutions has established a division solely for managing general agents and underwriting agencies.
Ex-Gallagher colleagues launch e-trading MGA Modus
A new managing general agent set up by three former Arthur J Gallagher colleagues focused on e-trading has opened for business.
Partner Re Wholesale planning to double MGA partners in 2015
Partner Re Wholesale has outlined its plan to double the number of managing general agents it partners with to 20 this year.
Welsh MGA and broker first to go live with My Licence
North Wales-based Staveley Head is the first managing general agent and broker to use the My Licence scheme.
Acappella launches at Lloyd's
Willis-funded Acappella Group Holdings has confirmed its launch as an insurance holdings company.
Pen teams up with Ageas on online household capacity deal
Ageas has reached an agreement with Arthur J Gallagher managing general agent brand Pen Underwriting to provide long-term capacity for household insurance through a number of online-traded solutions.
Fusion hires former Gallagher client money manager
Towergate-owned MGA Fusion Insurance Services has appointed Sharon Welsh as regional operations manager.
Plum plots ‘accelerated’ expansion following Global Risk Partners-backed MBO
Specialist household MGA Plum Underwriting has completed a management buyout backed by London Market focussed consolidator Global Risk Partners.
Interview: Peter Staddon: Ringing in the changes
Having completed his first 12 months leading the Managing General Agents’ Association, Peter Staddon tells Post about his future ambitions for the trade body
Pioneer Special Risk begins New York underwriting
Minova-owned managing general agent Pioneer Special Risk has formally commenced underwriting in New York.
Interview: Paul Anscombe: Setting the standard
Paul Anscombe’s decision to set up the Insurance Brokers’ Standards Council has caused something of a stir within the broking community – but the James Hallam MD tells Post the group is exactly what the industry needs
Amlin and XL to lead capacity for Aon public sector MGA
Global broker Aon has launched a managing general agent targeting the public sector with property, casualty, financial lines and motor classes of business.
More brokers could follow Gallagher in severing Towergate Underwriting ties
Broker predicts ‘bloodbath’ between Arthur J Gallagher and Towergate
Century Underwriting becomes 101st MGAA member
The Managing General Agents’ Association has recruited its 101st member in the shape of commercial lines specialist Century Underwriting.
Increased M&A activity predicted among MGAs
Merger and acquisition activity in the managing general agent sector is set to take-off with 40% of UK MGAs either currently involved in mergers and acquisitions or planning to pursue such opportunities during the next three years, according to a survey…