Managing general agents (MGAs)
Partner Re Wholesale planning to double MGA partners in 2015
Partner Re Wholesale has outlined its plan to double the number of managing general agents it partners with to 20 this year.
Welsh MGA and broker first to go live with My Licence
North Wales-based Staveley Head is the first managing general agent and broker to use the My Licence scheme.
Acappella launches at Lloyd's
Willis-funded Acappella Group Holdings has confirmed its launch as an insurance holdings company.
Pen teams up with Ageas on online household capacity deal
Ageas has reached an agreement with Arthur J Gallagher managing general agent brand Pen Underwriting to provide long-term capacity for household insurance through a number of online-traded solutions.
Fusion hires former Gallagher client money manager
Towergate-owned MGA Fusion Insurance Services has appointed Sharon Welsh as regional operations manager.
Plum plots ‘accelerated’ expansion following Global Risk Partners-backed MBO
Specialist household MGA Plum Underwriting has completed a management buyout backed by London Market focussed consolidator Global Risk Partners.
Interview: Peter Staddon: Ringing in the changes
Having completed his first 12 months leading the Managing General Agents’ Association, Peter Staddon tells Post about his future ambitions for the trade body
Pioneer Special Risk begins New York underwriting
Minova-owned managing general agent Pioneer Special Risk has formally commenced underwriting in New York.
Interview: Paul Anscombe: Setting the standard
Paul Anscombe’s decision to set up the Insurance Brokers’ Standards Council has caused something of a stir within the broking community – but the James Hallam MD tells Post the group is exactly what the industry needs
Amlin and XL to lead capacity for Aon public sector MGA
Global broker Aon has launched a managing general agent targeting the public sector with property, casualty, financial lines and motor classes of business.
More brokers could follow Gallagher in severing Towergate Underwriting ties
Broker predicts ‘bloodbath’ between Arthur J Gallagher and Towergate
Century Underwriting becomes 101st MGAA member
The Managing General Agents’ Association has recruited its 101st member in the shape of commercial lines specialist Century Underwriting.
Increased M&A activity predicted among MGAs
Merger and acquisition activity in the managing general agent sector is set to take-off with 40% of UK MGAs either currently involved in mergers and acquisitions or planning to pursue such opportunities during the next three years, according to a survey…
Lime Underwriting PI and D&O exit opens door for Ascent
Ascent Underwriting has entered the UK and Irish professional indemnity and directors and officers markets following the recruitment of Lime Underwriting's managing director and two other specialists.
Seventeen inks Clydesdale debt refinancing deal
Seventeen Group has agreed a deal to refinance its debts with Clydesdale Bank, allowing the firm to target new acquisitions.
Towergate Underwriting director Lawrence to lead Direct Insurance MGA
Lloyd’s broker Direct Insurance Group has hired Towergate Underwriting sales and marketing director Tony Lawrence to lead its new managing general agent Imperium Insurance.
C-Suite: MGA: Value through specialism
Given their name as managing general agents, it’s ironic that the fundamental definition for success for an MGA is in its specialism.
C-Suite: Insurer: All that glitters is not gold
Brokers should not lose sight of what they do best in search of a ‘bigger piece of the pie’
RUP Commercial rebrands to Century Underwriting
Motor managing general agent RUP Commercial Risks has changed its name to Century Underwriting as it looks to expand into liability and property insurance.
Trade Voice: A taxing time for MGAs
A few years ago HM Revenue and Customs ran an advert with the slogan ‘Tax doesn’t have to be taxing’. However, for managing general agents, this may not necessarily ring true.
Ryan Specialty hires McKenna for UK expansion
Ryan Specialty Group has hired Peter McKenna to oversee the development of the company MGA strategy in the UK market.
Cobalt boss hails AIG appetite after capacity deal
The CEO of Shariah-compliant managing general agent Cobalt Underwriting has paid tribute to AIG after the US insurer agreed a deal to provide capacity for a range of covers.
Research: State of the Broking Nation Part 1: Insurers
A warts-and-all qualitative view from the broking market
Lloyd's market missing out on up to £200m of loss fund cash
Research conducted by service provider Ambant has shown that between £175m and £200m of loss fund cash is sitting dormant across the Lloyd's market.