Managing general agents (MGAs)
Market Moves: MGAs make a raft of recruitments as broking is unusually placid
Exits and entries were once again high on the agenda this week as a number of managing general agents, including Argenta and UK General, unveiled a host of high-profile appointments. While the broking sector was uncharacteristically quiet, Mitsui…
Gallagher London gains MGAA’s preferred provider status
Gallagher London has been granted preferred provider of professional indemnity insurance status by the Managing General Agents’ Association.
Arista reports boosted £1.7m Ebitda in 2012
Commercial lines underwriting specialist Arista Insurance has posted an Ebitda of £1.709m for 2012, up from the £1.334m achieved in 2011.
Arista hires ex-Axa underwriter for senior development role
Commercial lines underwriting specialist Arista has appointed Claire Morris as senior development underwriter to its Southampton office.
White Oak seeks new capacity providers
White Oak Underwriting is seeking new capacity while looking into becoming a risk carrier itself as part of a growth strategy.
Capita shares recipe for successful MGAs
Capita Insurance Services’ executive director, John Holm, shared the lessons learnt with existing and would-be MGA management about the most effective structural components and the financing methods for new and evolving MGAs.
Biba 2013: New cloud computing venture targets insurers and MGAs
Insurer Cloud Services today launched The Insurer Cloud, a new venture aimed at insurers and managing general agents.
DAS joins MGAA as insurer member
Legal expenses and assistance insurer DAS has joined the Managing General Agents Association as an insurer member.
Lloyd’s and XL back shariah-compliant MGA to succeed where others failed
The boss of a new shariah-compliant underwriting agency has vowed to succeed where previous Islamic insurance propositions have failed by focusing solely on the commercial market.
Managing General Agents: In it together
Boasting members from insurance, IT, consultancy and legal services, the Managing General Agents’ Association could be accused of spreading itself a bit thin. But it’s clear in its goal: to give MGAs their own identity
View From the Top: MGAs still have some growing up to do
Like many of my colleagues in the industry, my perception of managing general agents used to be narrow. However, in 2012, after a 25-year career with major global insurers including Zurich and AIG, I joined one.
Lloyd’s players call for clarity over vision for the market
Lloyd’s is facing scepticism from market members over the progress of two of its highest-profile campaigns – infrastructure plan Central Services Refresh, previously known as Project Darwin, and Vision 2025.
High Net Worth: Rich Pickings
With an increase in providers of high net worth insurance in recent years, wealthy customers have plenty to choose from. What can firms do to stand out from the crowd?
View from the Top: MGAs enter the mainstream
Brokers and insurers will need to be transparent to thrive, says Stuart Reid, chief executive, Bluefin.
Nexus Group appoints Cotton group chief financial officer
Managing agency group Nexus Underwriting Management has appointed Nigel Cotton as group chief financial officer.
Ex-Ink boss Smith makes market return with new MGA
Former Ink Insurance managing director Mike Smith has made a market return with newly formed MGA Incorporated Insurance Group.
Arc Legal joins MGAA
Legal expenses insurance provider Arc Legal has become the latest member of the Managing General Agents' Association.
Lonmar hires Towergate MD
Lonmar Global Risks has recruited former Towergate MD Martin Hughes to support its growing presence in the UK broker and MGA market.
In Series: Outsourcing - Clear the decks
Having underwriters carry out administration tasks wastes time and doesn't make business sense, says Paul Firkins.
Nexus forms Lloyd's MGA to underwrite trade credit indemnity
Nexus Underwriting Management has launched a Lloyd's managing general agency, Nexus CIFS, focusing primarily on trade credit indemnity business.
UK General joins the MGAA
UK General Insurance has become a member of the Managing General Agents' Association.
Jelf to set up managing general agency as it pays maiden dividend
Jelf is to set up a managing general agency offering products to members of its Purple network as the company plans its first acquisitions in five years.
Your Say: Barriers to change
There are barriers to be broken down before the market can fully embrace entirely web-based systems, says Phil Race.
Rouse joins Lloyd's broker
Stuart Rouse, the former chief financial officer of Towergate Underwriting and Fusion Insurance, has joined Lloyd's broker HW Wood.