capacity
UK commercial rates dropping even faster
Rate softening in the UK commercial market has hit a new record since the run started just over two years ago, according to the latest figures from Marsh.
Axa strikes renewables partnership and expands construction offering
Axa Insurance UK has entered a delegated authority partnership with Lime Underwriting to provide “innovative decommissioning bonds” for the UK’s renewable energy sector, as the insurer also made updates to its construction offering.
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.
Iprism maintains growth run post MBO
Iprism Underwriting Agency boosted turnover by 8.9% in the year ended 30 June 2025, maintaining its expansion streak since a management buyout in 2021.
Pen adds Hiscox to capacity roster with non-standard household deal
Pen Underwriting has entered a multi-year strategic partnership with Zurich and Hiscox for its non-standard household insurance business in the UK, Channel Islands and Isle of Man.
Amiga Specialty adds more financial institutions capacity
Managing general agent Amiga Specialty has added capacity from Axa XL to its financial institutions arm.
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.