Managing general agents (MGAs)
BP Marsh acquires 5% stake in Nexus Underwriting for £1.55m
Niche capital venture provider BP Marsh & Partners has snapped up a 5% shareholding in managing general agent Nexus Underwriting Management for £1.55m.
D L Dale looks to QBE for underwriting hire
QBE's Tim Butcher is to join D L Dale & Others Syndicate 2525 as senior class underwriter from 1 December.
C-Suite - MGA: At the crossroads
The industry is at a fork in the road regarding customer expectations as technology changes the game
Lloyd's coverholder promotes two in Hong Kong
SART Underwriting, a Lloyd's coverholder based in Hong Kong, has made two promotions.
MGAA membership hits 93 as original steering group is honoured
Managing General Agent Association chairman Reg Brown has heralded the association’s work in raising regulatory awareness of the booming sector after revealing the MGAA now represents more than £3.3bn of gross written premium.
Gable inks £10m Risk Alliance deal
Lichtenstein based non-life insurer Gable has completed a deal to write commercial business on behalf of UK commercial broker Risk Alliance Group.
Towergate Underwriting pair poached by Gallagher
Arthur J Gallagher has snapped up Towergate Underwriting duo Andy Westby and Simon Lewer for its online managing general agent division’s senior management team.
Co-founder Carslake leaves Towergate-owned Arista
Arista founder Lyn Carslake has left his role as deputy chief executive at the managing general agent.
Insiders expect Towergate exodus to help firm integrate Fusion business
Broker believed to be hit with FCA S166 order following client money failings
C-Suite - MGA: Charting the progress of the MGA
Evolution celebrated its 10th anniversary in March this year. It seems unbelievable that we have been trading for so long, but our anniversary has caused me to reflect on some of the huge changes we have seen within the industry over the past decade.
Former Fusion regional development manager joins Essex-based MGA
Essex-based MGA Incorporated Insurance Group has hired Ian Chapman as its regional development manager based in Leeds.
Sirius launches Lloyd’s managing agency
Sirius International Insurance Corporation has obtained approval to run its Lloyd’s Syndicate 1945 through its own managing agency effective 1st July.
UK growth behind W.R Berkley Europe's MGAA membership
W.R. Berkley Insurance Europe has joined the Managing General Agent’s Association in a bid to help drive the firm’s UK development.
C-Suite - MGA: Managing conflicts of interest
Perfect separation is impossible in the current regulatory environment, so what can be done?
Organic growth named top priority for MGAA members
Organic growth has been named the top strategic priority for members of the Managing General Agents’ Association over the next three years, according to the first MGAA Matters survey.
Adding 1 eyes regional brokers after reforming as an MGA
Former Jersey-based intermediary Adding 1 has reformed as a managing general agent and is targeting independent brokers across the UK.
C-Suite - Broker: What makes a good acquisition?
The past 12 months have been a busy period for merger and acquisition activity across the insurance sector – an encouraging reminder that our industry remains as dynamic as ever, with businesses continuing to execute ambitious growth strategies as they…
Capita backing MGA start up Pardus
Capita is to part finance the launch of managing general agent Pardus Underwriting, taking a minority stake in the business.
Nexus launches trade credit rebrand
Specialty managing general agent Nexus Group is to rebrand its trade credit offering as CIFS in a bid to simplify its offering.
Arista transition to cause 'minimal disruption', vows Nathan
Towergate Underwriting chief executive Clive Nathan has moved to assuage potential concerns the acquisition of Arista will prove disruptive to the commercial managing general agent’s regional trading sites.
Nick Watson to lead Arista following acquisition by Towergate
Towergate has snapped up Arista in a deal that will see the consolidator’s change director Nick Watson appointed chief executive of the newly acquired managing general agent.
Novae to manage Stride MGA Portus Underwriting
Stride Insurance Group has launched a new managing general agent facility for property owners insurance backed by the Lloyd’s market.
Trade Voice: A code of ethics is a must for all
We hear a lot about standards within the UK insurance market, some of it from broking representatives.
C-Suite – MGA: How to keep stakeholders satisfied
The job of the MGA, a skilled balancing act of keeping various stakeholders happy, is not to be sniffed at.