Managing general agents (MGAs)
C-Suite - MGA: Facing up to more Greek tragedies
If the Greek debt crisis leads to the failure of the euro, the industry may face a new set of risks.
MGAA launches outsourced claims procurement guidance
The Managing General Agents' Association has today published best practice guidelines for its members covering the procurement and management of outsourced claims handling services.
Nexus targets European acquisition after further BP Marsh cash injection
Niche venture capital provider BP Marsh & Partners has increased its investment in independent specialty managing general agency Nexus Underwriting Management in order to support its acquisition plans.
Editor's Comment: Heeding the warning shot
Following the Financial Conduct Authority’s recent thematic review into delegated authorities, compliance experts have cautioned this is a warning shot across the bow.
Life sciences insurers facing recruitment challenges
Ensuring those who write life science policies remain up-to-date with the latest scientific developments is a key challenge, with those who work in-house often finding themselves out of the loop on key developments.
Former QBE underwriter Bathia to join new Capita-backed syndicate
Capita Managing Agency and Panamanian insurer Istmo Re have received "in principle" approval from the Lloyd's Franchise Board to establish a new Lloyd's syndicate under Capita management.
Ryan Direct Group rethinks European presence
Outsourcing provider Ryan Direct Group has placed its European business into run-off just two years after taking over the running of the ex-Jubilee Amsterdam-based operation, Post can reveal.
Dual hires Paradine for non-exec role as MGA eyes Asia-Pacific acquisitions
Industry veteran Terry Paradine, a former chairman and CEO of Marsh Asia-Pacific, has become non-executive chairman at Dual Asia-Pacific.
C-Suite - MGA: Jumping the fence
After moving from an insurer to an MGA, what is the view like on the other side of the fence?
Market Moves
Who moved where in insurance this week.
Survey finds communication skills the most wanted for MGA employees
Communication and entrepreneurial skills are seen as the most important assets UK managing general agents require of their employees, according to the third MGAA Matters survey.
Davies forges claims handling deal with MGA Imperium
Managing general agent Imperium Insurance Management has appointed Davies Group to handle its property and liability claims as well as providing loss adjusting and supply chain services.
Davies appointed as claims partner by MGA Modus
Loss adjusting firm the Davies Group has been appointed by Modus as claims partner across all lines following a competitive tender process.
Broker Network bosses outline 2015 strategy at London conference
Broker Network's London members today (28 April) got a flavour of the business' 2015 work plan, which includes expanding the Countrywide brand to commercial lines, supporting members with succession planning and overhauling its schemes offering.
Trade Voice: Inclusion key to developing skills
It’s not just new entrants into the industry that need access to skills and knowledge, says Managing General Agents’ Association, managing director Peter Staddon,
Market Moves - 16 April 2015
Who has moved where this week in the insurance industry.
MGAA launches talent development programme
The Managing General Agents' Association has launched an initiative to increase talent development in the sector.
Employers' liability MGA Concordia launches
Employers' liability managing general agent Concordia has launched facilitated by Ambant Underwriting Services.
Steadfast invests in emerging risks SME underwriting agency
Australian broker Steadfast has joined forces with South African insurer Hollard Insurance to invest in an underwriting agency aimed at SME emerging risks.
Ex-ERS underwriting duo May and Hill move to Bluefin MGA
Bluefin’s newly launched managing general agent Bluefin Underwriting has appointed Jon May and Andy Hill as head of underwriting for specialist motor and head of underwriting for bike respectively.
Spanish MGA launches with Partner Re support
Spanish managing general agent Iberian Insurance Group has launched as part of a five-year commercial agreement with Partner Re Wholesale.
R&Q MGA CEO exits following Marine Services sale
Nicholas Hales has today (13 March) stepped down as CEO of R&Q MGA Limited following the sale of R&Q Marine Services to Hiscox.
C-Suite - MGA: Actuaries: The MGA’s secret weapon
Although among the less understood roles in the insurance industry, actuarial skills are of enormous value
Pen signs property claims outsourcing deal with RDG
Doncaster-based Ryan Direct Group will handle a proportion of Arthur J Gallagher managing general agent brand Pen Underwriting’s property claims after agreeing a collaborative claims management model.