Managing general agents (MGAs)
C-Suite: All brokers can benefit from MGAs
How hip can managing general agents be? In UK commercial broking, MGAs have become a must-have accessory, with most of the big brokers bolting on MGAs to their distribution portfolios.
MGA ‘fast-track’ platform launched
Castel Underwriting, a platform to fast-track the creation of MGAs, has been launched.
Sign up to the free-to-attend Commercial Underwriters Forum today
Taking place on Thursday 24 October 2013, the Commercial Underwriters Forum is free- to-attend* for all those working at insurers, managing general agencies and brokers.
Legal Market: Joining forces
Mergers and acquisitions in legal markets show no sign of abating. But what is behind the desire to consolidate law firms, and what does it mean for the insurance industry?
Ambant eyes MGAs following launch of underwriting arm
Insurance market services company Ambant has launched Ambant Underwriting Services in a move to target underwriting teams setting up managing general agents.
Q&A: Richard Ward: Passing the Lloyd’s baton
Reflecting on his time at the helm, outgoing Lloyd’s chief executive Richard Ward talks about the upcoming challenges for his successor and the legacy he is leaving behind.
Solicitors' PI: Taking a gamble
While their low prices make unrated carriers an attractive option for solicitors seeking professional indemnity insurance, are they worth the risk? And do small law firms have any alternative?
Lloyd's: The burden of regulation
Facing increasing scrutiny from the UK and Europe, Lloyd’s could be in danger of becoming less competitive. By Katie Marriner
C-Suite: Are you on the right platform?
A managing general agent’s ability to manage its data effectively is key to its long-term success, says Paul Upton, chief executive, Evolution.
Shariah compliant MGA closing in on QBE capacity deal
The chief executive of a newly launched shariah compliant managing general agent has revealed the business is close to adding support from QBE Europe and a further “major” underwriter to existing capacity from XL.
Europe: A pen for Europe?
Managing general agents have seen a resurgence of popularity in the UK, but has there been a similar renaissance across the continent? Tim Evershed investigates.
Brokers fear Law Society MGA could prove too late for solicitors
The Law Society must launch its professional indemnity managing general agency soon or risk being too late to help solicitors ahead of this year’s October renewals, market insiders have warned.
Ascent launches SME general liability extension
Managing general agent Ascent Underwriting, which specialises in emerging risks, has launched a general liability coverage extension to further enhance the cover provided to small and mid-market business clients.
Dual appoints AIG's Crowe senior financial institutions underwriter
Dual, the underwriting arm of Hyperion Insurance Group, has appointed Damian Crowe as a senior underwriter.
Touchstone unveils online broker service with Websure
London managing general agent Touchstone Underwriting is to launch an online service for specialist brokers, in collaboration with Websure.
Interview: David Walsh: The artist
After 14 years building CFC Underwriting from a dotcom start-up to a successful MGA, founder and managing director David Walsh now sees the global market as his canvas.
View from the Top: The key to effective symbiosis
There are two crucial groups good managing general agents have to satisfy: insurance customers and capacity providers.
Market Moves: Insurers at the forefront in recruitment market with major hires
Insurers took centre stage in the recruitment market this week, with hires coming thick and fast from the top down. A new chief executive was named at Torus to coincide with the firm’s sale to Enstar, while at Antares a political risks manager and a non…
Independent Broking: Back to basics
With tough times facing the industry, insurers and brokers have to embrace their traditional roles to be successful
Employment: Port in a storm?
Does the insurance sector’s resilience in a difficult economic climate make it a safe haven for employees, or are industry staff in as much peril as the rest of the UK workforce?
Market Moves: MGAs make a raft of recruitments as broking is unusually placid
Exits and entries were once again high on the agenda this week as a number of managing general agents, including Argenta and UK General, unveiled a host of high-profile appointments. While the broking sector was uncharacteristically quiet, Mitsui…
Gallagher London gains MGAA’s preferred provider status
Gallagher London has been granted preferred provider of professional indemnity insurance status by the Managing General Agents’ Association.
Arista reports boosted £1.7m Ebitda in 2012
Commercial lines underwriting specialist Arista Insurance has posted an Ebitda of £1.709m for 2012, up from the £1.334m achieved in 2011.