capacity
Bridgehaven partners with Arrow on new MGA capacity deal
Bridgehaven has signed a MGA capacity agreement with Arrow Risk Management GMBH, marking the first step in its expansion into European delegated underwriting.
Brokers asking MGAs for more digital products
Brokers are asking for more digital products and greater transparency in capacity tenures from managing general agents, according to MGAA boss Mike Keating as he highlights an uptick in incubator start-ups.
Q&A: Pen’s Nick Wright
Nick Wright, chief business development officer at Pen Underwriting, tackles its recent M&A quietness, capacity in the market and the benefits to brokers from niche products. He updates on the goal of hitting £1.75bn GWP by 2030, streamlining its agency…
Wakam enters motorcycle market with Top 100 broker tie-up
Wakam UK has entered the motorcycle insurance market, partnering with specialist intermediary Principal Insurance to bring what it describes as new underwriting capacity into the sector.
Axa partners with regional broker focused MGA
Axa UK Commercial has partnered with Unicorn, a managing general agent providing underwriting services to SMEs.
Bspoke increases HNW line size to £15m after locking down new capacity
Bspoke Private Clients, the mid and high-net-worth offering from Bspoke Group, has secured a new five-year capacity deal via the Accelerant Risk Exchange, increasing the maximum line size to £15m per single location.
Axa’s door “fully open” to new DA and schemes business – Markham
Joel Markham, Axa Commercial’s director of schemes, delegated authorities, financial lines and speciality, has outlined its pipeline in DA business remains strong; whilst noting its investment in technology means it is more “nimble” and less frictional…
Bspoke secures £250m capacity deal with Accelerant
Bspoke Underwriting, the UK personal lines MGA, has secured a five-year capacity deal via the Accelerant Risk Exchange providing £50m of capacity annually.
Interview: Accelerant boss Radke on seeking broker input to help sector unlock value
“We would love an opportunity to start a dialogue with a number of UK brokers,” Accelerant Risk Exchange CEO Jeff Radke has told Insurance Age stressing the platform is not just looking towards “big, giant” brokers.
Asset management giant Barings commits up to $180m for new MGA-backing insurer
Barings has committed up to $180m (£132.7m) for the launch of Pinion Insurance which will offer capacity to managing general agents in the UK, US and Europe.
Gledhill: Lucida looking for growth with ‘last piece of the jigsaw’ George
Lucida Group is poised for growth, having secured new capacity, embraced data and bolstered its bench strength with a series of senior hires, according to its CEO Matthew Gledhill.
Flock CEO Klinger outlines broker growth plan after Admiral deal
Flock CEO Ed Leon Klinger has outlined that it is keen to grow its broker base following its acquisition by the Admiral Group.
Commercial Express’ Pritchard on opportunities with brokers in MGU model move
Managing director of Commercial Express, Duncan Pritchard, shares its broker agency, digital platform and product expansion plans as the business moves to a managing general underwriter model after teaming up with Fortegra.
Commercial Express adds Fortegra as capacity provider as MGU plans step forward
Managing general agent Commercial Express has struck a capacity partnership with Fortegra, Insurance Age can reveal.
Interview: Allianz’s chief distribution officer Nick Hobbs
Nick Hobbs, chief distribution officer at Allianz UK, tells Insurance Age about the importance of the provider’s regional footprint now including broker hubs, the challenges of the soft market and its MGA appetite as well as the ongoing investment in…
Peach partners with Paragon on property
Niche commercial insurer Peach has partnered with insurtech managing general agent Paragon, to provide capacity for its non-standard household and residential let property products.
MGA sells D&O arm to “accelerate the development of new lines”
Managing general agent Rising Edge has confirmed the sale of its management liability business, to K2 International.
MGA confirms Hadron primary capacity deal
Elevate Specialty has today confirmed its new primary carrier capacity partnership with Hadron UK Insurance, supporting a range of specialty insurance products.
Broking Success: Cass Stephens MD James Cass
Cass Stephens managing director James Cass explains how the broker is targeting the specialist care and park home sectors for growth as the business celebrates its 60th anniversary, and highlights the importance of cyber insurance for SMEs.
Amiga Specialty adds IGI and Lloyd’s capacity to ‘core strategic growth area’
Amiga Specialty has secured capacity for its UK and European Transactional Risks team, supported by IGI and Lloyd’s, in its second expansion of the month.
Uris enters Northern Ireland home insurance market
Midas, part of Uris Group, has expanded its Midas Jewel household product into Northern Ireland.