Managing general agents (MGAs)
Sagicor Underwriting refutes client money concerns
Sagicor Underwriting (SU) has moved to allay concerns that it does not have client money permission after it accidentally cancelled its agencies with scores of brokers.
UK General head named on MGAA director board
UK General chief executive Peter Hubbard has been named on the board of directors of The Managing General Agents' Association (MGAA).
Nexus heralds "game-changer" with PartnerRe tie-up
Nexus Group has teamed up with reinsurer PartnerRe to cover its current core financial lines for up to five years.
Iprism doubles profits as turnover increases in 2012
Iprism Underwriting Agency more than doubled its profit in 2012 to £5.79m from £2.13m in 2011, a report at Companies House has revealed.
Arista declares third year of profit
Arista has reported Ebitda of £1.71m for 2012, up from the £1.33m achieved the year before.
Bluefin misses out on Fusion duo
Bluefin CEO Stuart Reid has admitted that the broker's attempt to recruit Fusion Insurance directors Nick Wright and Stewart Gardiner has proved unsuccessful.
Capita reveals MGA risk manager
Capita Insurance Services has unveiled Sue Perry as risk manager in its Managing General Agent (MGA) investment business.
XL details $300m Shariah compliant offering
XL Group is to offer Shariah compliant insurance cover to large corporate and middle market clients.
Capita in Shariah compliant MGA start-up
Capita Insurance Services has agreed to finance start-up managing general agent (MGA) Cobalt Underwriting Services.
Bluefin CEO would "welcome" Fusion directors
Bluefin CEO Stuart Reid has admitted that Fusion Insurance directors Nick Wright and Stewart Gardiner would be "welcome additions" to the broker.
Grasping the nettle
The soft market has seen insurers strike up relationships with MGAs but, with prices in some sectors increasing, MGAs could offer even more benefits, says Paul Upton
Incorporated Insurance Group poised to launch online facility
Managing general agent Incorporated Insurance Group (IIG) will launch a Broker Online facility designed to provide brokers with a "quick turnaround on pricing" next month.
New MGA Ascent to target cyber risks
Ascent Underwriting has launched offering coverage for emerging cyber risks for clients ranging from micro businesses to international corporations.
Ex-Ink chief launches new MGA for regional brokers
Mike Smith, former MD of Ink Insurance, has launched Incorporated Insurance Group (IIGL), a new managing general agent.
Arc signs up with MGAA
Arc Legal Assistance has become a member of the Managing General Agents' Association (MGAA).
Lonmar hires ex-Towergate London Market chief
Lonmar Global Risks has appointed Martin Hughes as a divisional director in its agency division.
Billion pound deal prompts scrutiny of MGA-insurer relationship
Insurers re-evaluate relationships while MGAs seek out new partners
UK General joins Managing General Agents' Association
UK General Insurance has become a member of the Managing General Agents' Association (MGAA).
R&Q launches new Lloyd's syndicate
Randall & Quilter Investment Holdings (R&Q) has launched a new Lloyd’s syndicate through its subsidiary R&Q Managing Agency.
APC rolls out new taxi product
APC is to launch a public hire taxi product in early November as it moves in to the specialist motor underwriting market.
Nexus in appointment surge
Nexus Underwriting Management has made a flurry of appointments in a bid to boost its operational capability.
Arista in schemes deal with regional brokers
Arista has partnered with two brokers to develop schemes as part of a new initiative to work more closely with intermediaries.
Manchester Underwriting upgrades electronic capability
Manchester Underwriting Management (MUM) has launched a new website and trading platform.
Nexus buys CIFS
Nexus Underwriting Management has bought Credit Indemnity and Financial Services (CIFS) from Novae Syndicates for an undisclosed sum.