Managing general agents (MGAs)
Steadfast invests in emerging risks SME underwriting agency
Australian broker Steadfast has joined forces with South African insurer Hollard Insurance to invest in an underwriting agency aimed at SME emerging risks.
Ex-ERS underwriting duo May and Hill move to Bluefin MGA
Bluefin’s newly launched managing general agent Bluefin Underwriting has appointed Jon May and Andy Hill as head of underwriting for specialist motor and head of underwriting for bike respectively.
Spanish MGA launches with Partner Re support
Spanish managing general agent Iberian Insurance Group has launched as part of a five-year commercial agreement with Partner Re Wholesale.
R&Q MGA CEO exits following Marine Services sale
Nicholas Hales has today (13 March) stepped down as CEO of R&Q MGA Limited following the sale of R&Q Marine Services to Hiscox.
C-Suite - MGA: Actuaries: The MGA’s secret weapon
Although among the less understood roles in the insurance industry, actuarial skills are of enormous value
Pen signs property claims outsourcing deal with RDG
Doncaster-based Ryan Direct Group will handle a proportion of Arthur J Gallagher managing general agent brand Pen Underwriting’s property claims after agreeing a collaborative claims management model.
Naming of Bluefin Underwriting shows 'transparency', claims MGA chief
Bluefin’s decision to name its managing general agent Bluefin Underwriting demonstrates the firm has “nothing to hide” in the distinction between broking and underwriting, according to the MGA’s boss.
Pen Underwriting launches single TOBA
Arthur J Gallagher managing general agent brand Pen Underwriting is rolling out a single terms of business agreement marking its next step towards establishing a single underwriting entity.
MGA's and specialists lead the way in product innovation, SSP says
General insurance technology provider SSP has identified managing general agents and specialists as top innovators in its new white paper.
Hobrow helps Nexassure ready Hong Kong MGA
Insurance entrepeneur Tony Hobrow is helping Malaysia insurance firm Nexassure establish a reinsurance MGA in Hong Kong.
Randall & Quilter and Hiscox disagree on Synergy terms
The deal between Randall & Quilter and Hiscox over R&Q's managing general agent Synergy Insurance has fallen through after not agreeing "mutually acceptable terms".
Ambant to extend MGA offering following Heritage investment
Guernsey-based Heritage Group has acquired a 33% stake in managing general agent launch specialist Ambant Underwriting Services.
Prosight authorised to launch managing agency at Lloyd's
Prosight Specialty Insurance has received final authorisation from Lloyd’s, the Prudential Regulation Authority and the Financial Conduct Authority for its own Lloyd’s managing agent to manage Prosight’s Syndicate 1110 at Lloyd’s.
MGA Century opens Chelmsford office
Managing general agent Century Underwriting has opened a Chelmsford office alongside the transfer of its policy administration in house.
Charles Taylor announces double acquisition
Charles Taylor has announced two acquisitions from the Standard Club; a 50.1% stake of Almond One and a 100% stake of Almond Two.
C-Suite - Broker: A positive outlook for MGAs
Managing general agents still have an influential role to play in the insurance landscape
Steadfast buys underwriting agencies and broker from QBE
Australian insurance group Steadfast has bought two underwriting agencies and a broker from Australian giant QBE for A$290m (£147m).
Lloyd's approves Equinox's Dutch office
Lloyd's has officially approved cover holder Equinox Global's Netherlands office.
C-Suite - MGA: In-genie-ous thinking
New entrants to personal lines are outsmarting a stuck-in-the-mud industry with inspiring ideas
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.