Managing general agents (MGAs)
Ink relocation
Ink Underwriting Agencies has relocated to new offices at Vantage House in Rayleigh, Essex.
Ink moves to accommodate growth
Ink Underwriting Agencies has relocated to new offices at Vantage House in Rayleigh, Essex.
Capita Managing Agency gains Lloyd’s approval
Capita Managing Agency has been approved by Lloyd’s to manage live syndicates, including Syndicate 2232, capitalised by Allied World Assurance, which starts underwriting on 30 June.
MGA dumps Merlin and appoints Cunningham
Underwriting agency Commercial Express is replacing the existing Merlin facility with the appointment of Cunningham Lindsey.
MGA staff offered new roles in outsourcing deal
Five UK General staff are set to be affected after the underwriting agency signed an outsourcing agreement with Direct Group.
Arista scales back growth with profit now in its sights
Arista chief executive Charles Earle has admitted the managing general agent is to scale back growth for 2010 in preparation for long-term acquisitive action.
Allianz commercial boss attacks MGAs on trust
Allianz commercial general manager Chris Hanks has slammed managing general agents for failing to "inspire trust and confidence among customers".
Arista to give MGA advice
Arista is hoping to cash in on regional brokers' interest in the managing general agent model as intermediaries seek ways of improving the service they receive from insurers.
Ex-Brokerbility chiefback with new team
Former Brokerbility chief executive Stuart Randall has teamed up with senior staff from Evergreen and Axa for his return to the insurance market, Post has learnt.
Dual seals capacity deal with Am Trust
Dual Corporate Risk is to begin underwriting professional indemnity cover for Lloyd's brokers after it secured £5m liability capacity from IGI Insurance Company.
Solvency II could see MGA rise
The rise in capital requirements due to Solvency II could drive up the number of managing general agents in the UK market.
CFC reports 28% rise in gross premium income
CFC has announced a 28% rise in gross premium income on 2008, taking it to £29.8 million. The specialist lines underwriting agency also revealed operating profit increased by 41% to £2.39 million.
Samian eyes UK brokers after Safeonline deal
Independent Lloyd's broker Safeonline has acquired Samian Underwriting Agencies. The transaction, which completed on 15 April, saw all Samian's business and the four members of staff joining the 12-strong team at Safeonline.
Congregational launches subsidiary MGA
Congregational & General Insurance is set to launch a subsidiary MGA named Integra Insurance Solutions, generating £9m of extra homeowners income, according to the firm.
C&G subsidiary launch
Congregational & General Insurance is set to launch a subsidiary MGA named Integra Insurance Solutions, generating £9m of extra homeowners income, according to the firm.
Safeonline acquires IP firm Samian
Independent Lloyd’s insurance broker Safeonline, has acquired Samian Underwriting Agencies.
Amlin takes 25% stake in new Charles Manchester MGA
Charles Manchester, former CEO of Dickson Manchester and HCC International, has teamed up with Michael Cant, previously director at Saturn Professional Risks, to form a new MGA called Manchester Underwriting Management.
Hiscox backs new underwriting start up
White Oak Underwriting Agency has commenced underwriting, initially targetting the 'automobile and mobile equipment industries'.
MGA chief scoffs at PI 'lemmings'
Lloyd's insurer Amlin has backed a new underwriting agency which has been set up by the former chief executive of HCC International, Charles Manchester.
White Oak planted
White Oak Underwriting Agency has commenced underwriting, initially targeting the automobile and mobile equipment industries.
Volcano fallout not expected to hit insurers
Insurers are unlikely to have significant exposure to billions of dollars in lost revenue caused by the eruption of an Icelandic volcano, industry experts have claimed.
Carroll set to depart Canopius
Canopius Managing Agents underwriting director Tim Carroll is set to leave the company less than 18 months into the role.
UK General in talks to add to Fortis MGA capacity
UK General is actively seeking new capacity following its recent split with Aviva.
Plum reveals parallel strategy for growth
Plum Underwriting plans to double new business and grow its agency base in 2010.