Managing general agents (MGAs)
APC product hits Irish market
APC has begun writing business in the Republic of Ireland with the launch of its first product, which is aimed at shopkeepers.
Former Bluefin MD joins OIM
Chris Ladkin is to join OIM Underwriting, a wholly owned subsidiary of Arthur J Gallagher UK. He will head OIM’s new Finpro team, to be formed in combination with the Circadian team which joined OIM following the AJG acquisition of the First City assets.
DAS opens up shop in Canada
DAS UK Group has confirmed that its new Canadian subsidiary, DAS Legal Protection Insurance Company, will start writing business in Ontario on 5 July.
Post in print - 24 June
Post reporter Dan Dunkley provides a 60-second run down of the major news headlines from tomorrow's issue of Post.
CFC hires a real Gent
Underwriting agency CFC has appointed Nigel Gent to the new role of products manager.
Ex-Fusion bosses outline MGA plan
The new managing general agency led by Fusion founders Kevin Pallett and Geoff Crisp aims to establish at least five offices as it gears up for its launch next year, backed by Bermuda-based insurance group Aspen.
CFC names first ever product manager
Underwriting agency CFC has appointed Nigel Gent to the newly created role of products manager.
IGI rebrands to Am Trust Europe
IGI Insurance is to change its name to Am Trust Europe.
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.