capacity
MyFirst CEO on social media opportunities and Gymshark founder taking a share
James Noble, CEO and founder of MyFirst, is aiming to create a brand every young person in the UK will know in three to five years by focusing on social media, and Gymshark founder Lewis Morgan has taken a 15% share of the business.
Analysis: Is the era of offshore capacity over, or is it poised for a comeback?
High profile casualties such as Gibraltar-based Enterprise Insurance Company (2016), and Danish providers Alpha (2018) and Gefion (2021) meant offshore capacity came under scrutiny at the end of the last decade. Today there appears to be less noise about…
QBE’s Fitzgerald on doubling in the regions, and what comes next
In the past three years, QBE has doubled its gross written premium in the regions and is not taking its “foot off the growth”, UK regions director Andy Fitzgerald tells Insurance Age, promising consistency for brokers.
Accelerant boss Radke on 30% MGA growth and enabling brokers to ‘monetise every opportunity’
Risk exchange platform and capacity provider Accelerant is aiming to support managing general agent members with 30% growth over the next 12 months, CEO Jeff Radke told Insurance Age.
Brokers stress the importance of claims support when choosing an MGA
Brokers have emphasised the importance of A-rated claims support when choosing a managing general agent (89%), according to research by MGA Corin Underwriting.
Downey on getting Pen to £1.75bn by 2030
Having hit its goal of £1bn gross written premium a year early in 2024, Pen Underwriting has set its sights on £1.75bn by 2030. CEO Tom Downey tells Insurance Age about the strategy of organic growth, product development and acquisitions now in place to…
Biba 2025: Mike Keating on unrated due diligence
Mike Keating, CEO of the Managing General Agents’ Association, analyses how due diligence on unrated capacity should work both ways – from broker to MGA and MGA to broker respectively.
Meet the MGA: Shape Underwriting
Mandy Hunt, managing director of Shape Underwriting, explains the logic behind rebranding the Clear MGA business; outlines its holistic approach to acquisitions; and pinpoints the importance of recruiting staff who understand collaboration, integrity…
Commercial Express to add Axa and Carbon capacity as it unveils MGU plan
Managing general agent Commercial Express has signed capacity deals with Axa and Carbon Underwriting, Insurance Age can reveal, as it progresses to become a managing general underwriter and targets doubling in size.
Zurich ‘in force’ at Biba conference, with capacity deals on the horizon – David Nichols
David Nichols, UK head of retail at Zurich, looks to grasp the opportunities of e-trade, highlights a “few more” capacity deals in the pipeline, and shares his key message for brokers ahead of the British Insurance Brokers’ Association conference next…
MGA strikes first UK deal of 2025 with PI specialist buy
Optio Group has bought UK-based MGA Custodian Management for an undisclosed sum, subject to regulatory approval.
Biba 2025 Countdown: Aurora’s Tom Willmore
With the 2025 British Insurance Brokers’ Association conference only just over a week away Tom Willmore, broker distribution lead at Aurora, offers up offers useful tips to keep delegates moving and well fed with pies, as well as why the mantra ‘quality…
Biba 2025 Countdown: Bridgehaven’s Paul Jewell
Paul Jewell, CEO of Bridgehaven hails Mike Keating’s ability to not park the bus; looks forward to discussing the exciting opportunities presented by alternative capacity providers; and recommends delegates visit Manchester’s answer to Hogwarts.
Drone MGA Moonrock expands Apollo relationship with $122.5m facility
Managing general agent Moonrock has launched a $122.5m (£91.6m) drone, eVTOL and aviation innovation insurance facility led by capacity from Apollo.
Policy Expert has “clear focus” on UK with plans to double the business
Personal lines specialist Policy Expert is targeting organic growth in the UK, with plans to double the business in the next three to five years, according to CEO Steve Hardy.
Ex-Acromas CEO among senior Pikl hires
Pikl, the vacation rental specialist, has recruited former Acromas Insurance CEO Steve McGuinness as its chief operating officer and Canopius veteran James Everett as its chief underwriting officer.
Biba launches MGA capacity guide
The British Insurance Brokers’ Association has launched a guide to help its members access the capacity of managing general agents, in response to member demand.
Addept enters legal expenses market with double launch
Addept Insurance Services has today announced the launch of the first of a new suite of legal expenses insurance products.
MGA inks five-year capacity deal with Allianz Commercial
Managing general Agent Rokstone, part of the Aventum Group, has entered a five-year capacity arrangement with Allianz Commercial.
Meet the MGA: MX Underwriting
Ian Cook, managing director at MX Underwriting, explains why he believes MGAs are not suffering a capacity crunch, and outlines plans to write in excess of £200m GWP in 2025 and add to MX’s product range and capability.
MGA adds Hiscox to non-standard property panel
NBS Underwriting has added A-rated capacity from Hiscox to its non-standard household product panel.
Meet the MGA: Optio Underwriting
With an aim to be the most admired global specialty MGA, Optio Underwriting group CEO Deepak Soni outlines how it attracts top talent, plans to mix organic growth with M&A and discusses the importance of having a PE backer that understands the subtle…
Iprism grows again with a 21% boost in 2024
Managing general agent Iprism Underwriting Agency grew 21% in the year to 30 June 2024, building on the 16% achieved the year before, and is eyeing up further expansion in 2025.
Broker confidence in non-standard market waning, says Prestige
Managing general agents remain pivotal in non-standard but there are “mixed signals” in broker confidence, according to a survey by Prestige Underwriting.