Managing general agents (MGAs)
Shariah compliant MGA closing in on QBE capacity deal
The chief executive of a newly launched shariah compliant managing general agent has revealed the business is close to adding support from QBE Europe and a further “major” underwriter to existing capacity from XL.
Europe: A pen for Europe?
Managing general agents have seen a resurgence of popularity in the UK, but has there been a similar renaissance across the continent? Tim Evershed investigates.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
Ascent launches SME general liability extension
Managing general agent Ascent Underwriting, which specialises in emerging risks, has launched a general liability coverage extension to further enhance the cover provided to small and mid-market business clients.
Dual appoints AIG's Crowe senior financial institutions underwriter
Dual, the underwriting arm of Hyperion Insurance Group, has appointed Damian Crowe as a senior underwriter.
Touchstone unveils online broker service with Websure
London managing general agent Touchstone Underwriting is to launch an online service for specialist brokers, in collaboration with Websure.
Interview: David Walsh: The artist
After 14 years building CFC Underwriting from a dotcom start-up to a successful MGA, founder and managing director David Walsh now sees the global market as his canvas.
View from the Top: The key to effective symbiosis
There are two crucial groups good managing general agents have to satisfy: insurance customers and capacity providers.
Market Moves: Insurers at the forefront in recruitment market with major hires
Insurers took centre stage in the recruitment market this week, with hires coming thick and fast from the top down. A new chief executive was named at Torus to coincide with the firm’s sale to Enstar, while at Antares a political risks manager and a non…
Independent Broking: Back to basics
With tough times facing the industry, insurers and brokers have to embrace their traditional roles to be successful
Employment: Port in a storm?
Does the insurance sector’s resilience in a difficult economic climate make it a safe haven for employees, or are industry staff in as much peril as the rest of the UK workforce?
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.