Managing general agents (MGAs)
Geo Underwriting expands marine product access for brokers
Geo Underwriting has made Navigators & General’s boat club product available to all UK brokers who trade with it.
MGA Casper launches renewable energy offering
Casper Specialty UK, a specialist casualty-focused managing general agent, has launched Tundra Specialty, focused on the renewable energy sector.
Aviva backs SRG’s MX with capacity
Aviva has signed a multi-year capacity deal with MX, the underwriting arm of Specialist Risk Group, Insurance Age can reveal.
Brown & Brown buys Kent-based MGA
Brown & Brown Europe has agreed to buy property owners and commercial combined specialist managing general agent Pardus Underwriting.
Pen expands Simmonds’ role to MD of public sector and international after Scott exit
Seb Simmonds has become the managing director of public sector and international at Pen Underwriting, in an expanded role following the departure of Adrian Scott, the Gallagher-owned managing general agent has confirmed.
Freedom Services Group goes into administration
The holding company of inactive managing general agent Freedom Services has gone into administration, Insurance Age can reveal.
Miller recruits CEO and CUO in MGA build out
Miller has appointed ex-Optio boss David Robinson as managing general agent CEO, and Neil Ross from Axis as chief underwriting officer, as the broker builds out its MGA offering.
Podcast: Reid and Clegg present Double Indemnity – episode two, MGAA’s Mike Keating
In a new podcast series brought to you by Insurance Age, industry provocateurs Toby Clegg and Stuart Reid interview a series of well-known market faces, getting to know the personalities and characters behind some of the key movers and shakers in the…
Bspoke looks to the next level
New Bspoke CEO Ryan Gill targets becoming the leading niche and specialist MGA in the UK market as he highlights a pipeline of acquisitions, new products and investments in systems and platforms to hit the goal.
US consolidator buys London-based £100m GWP MGA
US-based managing general agent consolidator Bishop Street Underwriters has acquired Avid Insurance, the niche multi-disciplined MGA.
Dual seals five-year capacity deal led by Zurich
Howden-owned managing general agent Dual UK has signed a five-year capacity deal led by Zurich, along with Liberty and other A-rated capacity to support its new regional commercial combined product.
MGA Ripe names second CUO in less than a year
UK Digital MGA Ripe has appointed Sean Carney as its new chief underwriting officer.
MGA completes MBO from broker parent
Blackthorn has sold its MGA subsidiary Samphire Risk via a CEO-led buyout backed by Kantara Capital.
Cullum-backed investment vehicle supports MGA’s Series A funding round
Minority Broker Partnerships, an investment vehicle backed by Towergate founder and former Global Risk Partners [now Brown & Brown Europe] chairman Peter Cullum, has backed drone specialist MGA Moonrock Insurance for an undisclosed sum.
Niche MGA capacity provider acquired by Korean insurer
Korean insurer DB is set to acquire 100% of the outstanding shares of The Fortegra Group, the specialty insurer, for approximately $1.65bn (£1.23bn) from Tiptree and Warburg Pincus.
DCL launches next phase of broker portal
Direct Commercial has enhanced its broker portal, claiming the update gives brokers faster control, increased efficiency, sharper insight and less admin.
MGA rolls out product to tackle rise in pothole claims
Incorporated Insurance Group (IIGL), part of Avid Insurance, the specialist managing general agent, has secured new capacity as it targets groundworkers.
MGA launches product to address ‘narrowing capacity options’ in niche sector
MGA Addept Insurance Services has launched Waypoint, a specialist legal protection insurance and assistance service for boat owners.
MGAA CEO Keating on the importance of its regional broker event
Ahead of the Managing General Agents’ Association Broker Exchange in Leeds on 15 October, CEO Mike Keating told Insurance Age the importance of regional events and how MGAs can navigate the softening market.
New CEO Crosbie outlines MGA/M&A plans as Academy rebranded BDH Group
Academy Insurance Services has rebranded to BDH Group and appointed Gordon Crosbie as its new CEO, Insurance Age can reveal.
Uris Group extends capacity deal with Zurich to £275m over five years
Specialist personal lines managing general agent Uris Group has struck a £275m five-year capacity deal with long-standing partner Zurich, as it targets growth in its property insurance portfolio, trading as Midas.
Gill named Bspoke CEO as Smyth switches to deputy chair
Bspoke Group, recently bought by NFP, has promoted Ryan Gill to CEO succeeding Tim Smyth who is becoming deputy chair as it also unveiled a new retail division.
Arc Legal and Collegiate part of AmTrust/Blackstone MGA spin-off
AmTrust has reached a definitive agreement under which funds managed by Blackstone Credit & Insurance will partner in the spin-off of seven of the specialty insurer’s MGA and fee businesses to form a new independent company.
MGA Arrow targets tech E&O with Bridgehaven deal
Arrow Risk Management has launched its tech E&O underwriting practice teaming up with Bridgehaven Specialty UK for capacity.