Managing general agents (MGAs)
The MGAA's Peter Staddon on evolving MGAs
Many managing general agents are turning to digitalisation to enable them to look deeper into their books of business, Peter Staddon, managing director of the Managing General Agents' Association, explains this will allow the MGAs to see potential…
Stubben Edge looks to growth after £1.2m investment led by Saracens chairman
Exclusive: Tech firm and managing general agent Stubben Edge is seeking growth after a £1.2m raise led by Saracens chairman Nigel Wray and analyst Eamonn Flanagan.
Brightside MGA Kitsune passes 10,000 policies and is on-track for GWP target
Brightside managing general agent Kitsune Associates passed 10,000 policies sold last month and is on-track to meet its first year gross written premium target, according to managing director Trevor Bowers.
Analysis: RSA UK&I - getting back on track?
Following two consecutive years of poor underwriting results in the UK, RSA has taken decisive action to restructure its business and shrink premiums
This week in Post: Big fish, little fish, cardboard box?
It might be the name, but this week I’ve spotted some similarities between Gibraltarian unrated insurer-facing-liquidation Lamp Insurance and an angler fish, sparking some strange and slippery debate in the office.
Ex-Allianz and Axa pair launch 'open source' insurtech
Jon Britton, from Allianz Partners and Stephen Hartshorne, formerly at Axa, have launched an insurtech that draws upon open source data.
Stackhouse Poland MGAs to be absorbed by Pen Underwriting
Two managing general agent businesses acquired by Gallagher as part of its recent purchase of Stackhouse Poland will eventually become part of Pen.
Aspen MGA in run off with 111 jobs at risk
Aspen has cut loose its UK SME managing general agent, with 111 jobs on the line as a result.
Blog: Why mediocrity shouldn’t be accepted
Would you give a contract to a software firm that says it will be complacent with your business? Why accept it when it happens then, argues André Symes, chief operating officer of Genasys Technologies.
This week: A rest or a change
I was lucky enough to spend last week’s sunny bank holiday on the South Coast enjoying a well-earned rest. For others in the insurance industry it seems that the saying 'a change is as good as a rest' is proving true with some major people moves this…
Pro Global snaps up Vibe MGA Management
Vibe managing general agent Vibe MGA Management has been bought by US reinsurance outsourcing and consultancy specialist Pro Global Insurance Solutions.
UK General's Matthew Schofield on how profit, not volume, will drive growth and respectability of MGA sector
In recent months managing general agents have been in the spotlight, with the media seeking to get under the skin of one of the fastest growing insurance sectors. UK General's Matthew Schofield says MGA management teams need to now stop 'navel gazing'…
Iprism and MGU Eaton Gate no longer trading together
Exclusive: Managing general agent Iprism no longer deals with its former director’s managing general underwriter Eaton Gate, Post can reveal
The British Insurance Awards 2019: Shortlist revealed
Right Here, Right Now, it is shortlist time!
Pukka halts UK branch Brexit plan
Exclusive: Pukka has shuttered a dormant UK branch that would have acted as a contingency if the UK and Gibraltar lost passporting arrangements.
This week: The end of the hard sell
When the regulator fined Carphone Warehouse £29m this week, the real target was the use of high pressure sales techniques in insurance.
Interview: Clive Nathan, Global Risk Partners
Clive Nathan joined Global Risk Partners as its underwriting CEO, overseeing the consolidator’s managing general agent division, in April last year.
PIB acquires Irish MGA Optis
PIB has acquired Irish managing general agent, Optis Insurances, as part of its European growth plans.
Ex-AIG CEO's underwriting platform goes live
Former AIG boss Jacqueline McNamee’s insurtech C-Quence has gone live with its underwriting platform.
British Insurance Awards: Young blood - Young Achiever Winners then and now
To celebrate the 25 years of the British Insurance Awards. Post caught up with a host of winners of the Young Achiever of the Year Award
PIB’s Q Underwriting launches
The launch of PIB’s Q Underwriting sees Aqmen, Thistle and TFP Schemes united under the same umbrella.
Analysis: Insuring unoccupied property
The issue of unoccupied property is a political hot potato in a climate of Brexit and increased online retail. How are insurers tackling this high risk area?
This week: What does the fox say?
Brightside’s new managing general agent Kitsune takes its name from the Japanese word for fox. The animal is much admired in Japanese folklore for its intelligence and supernatural abilities – characteristics all the insurance companies that announced…
Brightside MGA Kitsune targets £37m GWP in first 18 months
Exclusive: Brightside's newly-launched managing general agent, Kitsune Associates, is aiming to reach in £20 to 25m in gross written premium in its first year of trading, with plans to potentially reach £37m within 18 months.