Managing general agents (MGAs)
Coates named as Dual International CEO
Damien Coates has been appointed chief executive of Hyperion Insurance Group firm Dual International.
R&Q buys Lloyd’s HNW MGA Synergy
Randall and Quilter is to buy the high net worth managing general agent Synergy Insurance Services.
Market moves: Fresh faces for underwriters
As the industry heads into December, underwriting agencies and insurers lead the way in the job market. This week saw major moves at Chubb, More Than and Travelers, while Evolution, Arista and Ink all welcomed new staff. It was another slow week for…
ABI defends proposal to ban young motorists from driving at night
The Association of British Insurers has been forced to defend its proposals, which included a ban on night driving for young drivers, after they were dismissed as unenforceable by the government and safety campaigners.
Catlin and China Re deal predicted to be catalyst for Lloyd’s investment
The “landmark” strategic partnership between Catlin and China Re is expected to be a catalyst for a boom in Lloyd’s investment from insurers in emerging economies.
Towergate MGAs announce new underwriting panels
Fusion and Towergate Underwriting Household have outlined new capacity arrangements for the next five years.
AIM hit with two senior resignations
Affinity Insurance Management boss Neil Revill has this morning confirmed he has left the underwriting agency with immediate effect.
Nexus forms new regional financial lines MGA
Nexus Underwriting Management has today announced the acquisition of the Novae Syndicates regional financial lines portfolio after pledging to establish a new managing general agency in the new year to underwrite the account.
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
MGAA recognition leads to FSA fees instalment deal
Full members of the Managing General Agents’ Association can now pay their FSA fees by instalments at a discounted rate.
Market moves: Brokers pick up the pace
Following a quiet fortnight, major players in the broking sector have actively been recruiting this week.
In series - Lloyd's & London market: Power to the people
With employees rightly recognised as crucial to company success, Lloyd’s and London market players are gearing up their efforts to attract and retain top talent.
Market moves: Getting ready for the fourth quarter
Lloyd’s players were the most active recruiters this week as the insurance industry looks forward to the fourth quarter. A number of underwriters in the London Market made appointments, with a view to strengthening their teams. Moves among insurers…
MGAA launch: Changing perceptions
Delayed since 2010, the Managing General Agents Association launched this month, with a brief to ensure the insurance industry and regulators understand exactly what role MGAs perform.
Tawa, Skuld and Paraline combine forces to acquire Whittington UK
A consortium comprised of Tawa, Skuld, and Paraline Group have confirmed a definitive agreement to acquire Whittington Insurance Markets.
MGA data requests rise as Solvency II bites
Managing general agents will have to provide insurers with more detailed data to drive down the costs of implementing Solvency II, according to an underwriting and claims director at Towergate.
MoJ to split referral ban enforcement role - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories including confirmation from the Ministry of Justice that the government’s proposed ban on referral fees is unlikely to be centrally administered, and instead enforced by…
Dual confirms Flatman departure
Dual Corporate Risks has confirmed the departure of Neil Flatman, just seven months after he was appointed international property business manager at the firm.
Dual names new senior underwriter
Underwriting agency Dual Corporate Risks has appointed Paul Russell as director and senior underwriter of its financial institutions division.
MMA appoints Solvency II chief
MMA Insurance has appointed Anthony Collins as head of actuarial focusing on the firm's preparations for Solvency II.
MGAA to challenge FSA "pleasant" but indifferent view
The chairman of the Managing General Agents’ Association has said the Financial Services Authority seemed indifferent to the new trade body.
MGAA officially launches with agents representing £1.25bn GWP
The Managing General Agents’ Association, a non-profit making organisation founded to represent UK Managing General Agents’, officially launched on the 1 September with an initial 40 full members underwriting approximately £1.25bn of GWP.
9/11 Contract certainty: The first steps taken
A rush of legal cases always followed a catastrophic loss before contract certainty was introduced. The attacks on 11 September 2001 thrust the issue into the spotlight but were other factors at play?
Disaster recovery - SME: Dealing with disaster
SMEs would flounder in the face of a disaster, with a large proportion going out of business completely. Edward Murray asks why, therefore, it remains so hard to get them to engage with disaster recovery planning.