Managing general agents (MGAs)
RSA and Aviva join the MGAA
RSA and Aviva have become the latest members to sign up to the Managing General Agents' Association.
Arthur J Gallagher buys MGA Contego Underwriting
Arthur J Gallagher has acquired managing general agent Contego Underwriting for an undisclosed sum.
Market moves: Insurance takes the initiative
Last week saw the recruitment initiative wrestled back from the broking sector, with the majority of hires coming from within the insurer space. Headline appointments in that sphere came thick and fast in the form of a changing of the guard at Catlin…
Tempo directors eye capacity providers and team hires following launch
The directors behind the launch of multi-line MGA – Tempo Underwriting – are hoping to forge a strong relationship with the broking fraternity after outlining their criteria for imminent team hires.
New £30m funding boost for RK Harrison
Independent insurance broker RK Harrison has secured a £30m refinancing deal with Clydesdale Bank and RBS.
BMS appointment signals US MGA growth plan
BMS Group has appointed delegated authority underwriter Gene Hinman to establish a US managing general agent platform.
MGAs need to focus on EL and PL changes, BLM urges
Managing general agents have been urged to consider the implications of changes in costs regimes and processes for handling employers' liability and public liability claims, due to be implemented in 2013.
Thistle Insurance manager Comerford joins MGAA as general manager
The Managing General Agents Association has appointed Thistle Insurance boss Jane Comerford as general manager.
CFC boss targets UK focus and management liability push
CFC Underwriting will look to "break out of its comfort zone" and concentrate on becoming a full service provider with a renewed focus on bolstering its management liability offering.
Managing general agents: A surge in popularity
Managing general agents are certainly on trend and increasing their interaction with insurers but, with some companies still suspicious of their value, will their popularity last?
Editor's comment: Network connections
With rumours buzzing round the market about the nature of the fall out between Aviva and Broker Network, there have been inevitable suggestions of a sign that insurers are giving further thought to the value derived from some networks.
MGA Dual expands with new Austrian office
Dual Group, the underwriting arm of Hyperion Insurance Group, has announced that Dual Austria will open its doors in Vienna on 1 July fronted by liability specialist Hannes Puchner.
Dual opens Austria office
Dual, the underwriting arm of Hyperion Insurance Group, will open Dual Austria in Vienna on 1 July and liability specialist Hannes Puchner will head up the operation.
Arista boosts profit to £1.3m in 2011
Commercial lines managing general agent Arista Insurance posted an EBITDA profit of £1.334m during 2011, up from £683,000 in 2010.
Faraday to use Agencyport platform
Faraday Group has selected Agencyport Software to provide a centralised platform to track and manage its delegated underwriting authority business.
BIBA 2012: MGAs 'make sense', say insurers and brokers
Insurers, brokers and managing general agents believe that delegated authority "makes sense" if parties have the same interests, but some MGAs lack the skills to work effectively.
Market moves: IFB adds four to team
With the fight against fraud hanging in the balance, the Insurance Fraud Bureau was one of the most active recruiters this week, welcoming four new staff - including a new operations co-ordinator – into its team.
MUM launches international arm
Managing general agent Manchester Underwriting Management is to enter the international market.
MGA Dual continues to expand in Asia with Singapore branch
The Dual Group, the underwriting arm of Hyperion Insurance Group, has unveiled plans to open Dual Singapore in the second half of 2012.
MGA Dual grows Asian presence with Singapore opening
The Dual Group, the underwriting arm of Hyperion Insurance Group, has unveiled plans to open Dual Singapore in the second half of 2012.
BIBA 2012: Aqua Underwriting enters commercial market
Aqua Underwriting has widened its underwriting footprint with the launch of a range of niche commercial combined products.
Keychoice Underwriting set to transfer business to Towergate
SSP-owned managing general agent Keychoice Underwriting is in talks to transfer its business to Towergate, Insurance Age has exclusively revealed this morning.
Hubbard returns to front line as Posner stands down
Former Axa UK chief executive Peter Hubbard has stepped up to the role of executive chairman at Leeds-headquartered MGA UK General Group after Howard Posner decided not to continue.
Axa will never swallow MGA "hype" and "lure of lira" again, promises Williams
Axa will not fall prey to the hype about managing general agents while the current management team is in place.