Managing General Agents Association (MGAA)
Ascent launches cyber-risk notification ring fencing
Amlin-backed cyber risks managing general agent is to ring fence data breach notification costs from main policy limits in a bid to protect small and mid-market clients.
Nexus Group targeting $100m+ GWP for 2013
Specialist managing general agent Nexus Underwriting is planning to mark its fifth anniversary by becoming the largest MGA in the London market.
Tempo pairs with W R Berkley on Commercial D&O
Tempo Underwriting has initiated plans to underwrite commercial directors’ and officers’ liability cover through a binding authority deal with W R Berkley.
Manchester Underwriting launches product recall cover
Increased demand for product recall and brand protection products has led London managing general agent Manchester Underwriting to launch its own product set.
Tempo Underwriting granted CII status
Specialty managing general agent Tempo Underwriting has been awarded corporate chartered insurer status by the Chartered Insurance Institute.
Arc Legal joins MGAA
Legal expenses insurance provider Arc Legal has become the latest member of the Managing General Agents' Association.
Insurers argue FSCS funding structure to pay into broker pool is 'unreasonable'
The British Insurance Brokers' Association has condemned plans to revise the funding structure of the Financial Services Compensation Scheme, arguing that the charges faced by insurance brokers remain "unacceptably high".
UK General joins the MGAA
UK General Insurance has become a member of the Managing General Agents' Association.
MGAs dubious on risk transfer consultation
Managing general agents suspect the FSA may have finalised new rules on risk transfer prior to closing its recent consultation.
Interview: Reg Brown - Been there, done that, got the t-shirt
Reg Brown has seen it all in more than half a century working in insurance, but the chairman of the Managing General Agents’ Association’s drive to improve the industry and inspire its next generation is stronger than ever.
Smaller brokers will be hit hardest by ban on conditional risk transfer
Brokers and managing general agents have expressed concern at the potential for conditional risk transfer to be banned by the regulator next year.
MGAA holds 'successful' capacity exchange
The inaugural Managing General Agents' Association capacity exchange has been hailed by insurers and MGAs alike as an effective way to identify and develop new products and schemes opportunities.
View from the top: Strength from unity
Brokers can play their part in ending fragmented representation and help create a single strong voice, says Brendan McManus.
FSCS levy proposals could see MGAs facing the same liability as brokers
Managing general agents face being liable to bail out failed independent financial advisers or mortgage intermediaries that exceed the upper threshold of the Financial Services Compensation Scheme levy under new proposals.
MGAs WLTM insurers at 'speed dating' capacity exchange
The Managing General Agents' Association is hosting a capacity exchange event at the Lloyd's building to help members secure insurer support to expand and introduce new products.
RSA and Aviva join the MGAA
RSA and Aviva have become the latest members to sign up to the Managing General Agents' Association.
Market moves: Brokers lead the recruitment charge
Another action-packed week in terms of recruitment saw the vast majority of movers and shakers switch roles in the broking market.
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.