Managing general agents (MGAs)
CPP Group UK buys travel specialist Alpha Underwriting
The deal includes Alpha’s general insurance broker network and broker portal, and CPP says it is set to add more products to the portal within the next quarter.
Jackson Lee updates Sports Travel Plus policy
The scheme is now available for groups and teams competing and training overseas and includes cover for Covid-19.
Iprism adds product to SSP platform
According to the MGA, the platform removes the need for brokers to rekey quote data and provides a full quote and bind service, from rating and pricing to core administration, data analytics, and full policy documentation at point of sale.
First Underwriting secures £1bn capacity from Accredited
The five-year deal with Accredited, alongside McGill & Partners, provides capacity for specialty products and will help First to diversify its product lines.
MGA Tradewise goes into administration
The motor MGA stopped writing new and renewal business on 1 January after it was unable to renew its reinsurance protection with Berkshire Hathaway.
More deals in pipeline for Markerstudy after £400m BGL Insurance buy
Group underwriting director Gary Humphreys tells Insurance Age about the MGA's biggest deal to date and its plans for the future as he confirms that an IPO "hasn’t been ruled out as possibility".
UK General appoints CUO
David Boulcott joins the firm to replace outgoing David Brown.
Markerstudy Group buys family-owned Lloyd’s broker
The acquisition of Clegg Gifford will offer Markerstudy access to the Lloyd’s market, a step which it deems 'integral' to its expansion strategy.
MGA Tradewise set to close to new business and renewals
The motor specialist says it is looking for alternative solutions after being unable to renew protection with reinsurance provider Berkshire Hathaway.
Specialist Risk Group reveals growth strategy
The broker is set to add more products to its newly-merged MGA and has also appointed a group CFO.
Specialist Risk Group launches MGA
MX combines the four MGAs owned by SRG and will operate in the UK and the EU.
Meet the MGA: Iprism
Managing director Ian Lloyd talks to Insurance Age about the services the company offers brokers, its products, and the role MGAs play in the broker space
Blog: Is the industry falling in love with GAP insurance again?
Avid's Steve Duxbury discusses how the market for GAP insurance has changed since the FCA's 2015 thematic review and argues that it is set for accelerated growth.
People Moves: 15-19 November 2021
Keep up to date with the latest moves in the insurance space.
MGA Fiducia launches commercial combined product
The product, which will be marketed through its broker partners, provides a range of coverages under one policy.
News Analysis - “Everybody’s service is rubbish” – insurer service uncovered
Edward Murray explores why brokers are being left out in the cold when it comes to insurer service and asks what has driven the collapse in quality
Avid launches A-rated GAP product in the UK
The product is distributed by Avid to third parties, including brokers and leasing companies, for sale to consumers.
HSB buys structural warranties specialist
HSB has revealed that the acquisition of MD Group and its MGA, MD Insurance Services, will expand its core insurance offering.
WF Risk Group repackages wholesale and MGA proposition
The two divisions have been brought together in order to allow brokers to access the Generation Underwriting and Arden Wholesale brands.
In Depth: The influence of the MGA space on schemes
Cristina Diciu explores the impact of MGAs on schemes, and examines what brokers can do to capitalise on the competitive environment, in part two of our series with Travelers.
Fidelis opens trading floor in London
The Bermuda-based specialty insurance and reinsurance provider said its new operation would enable brokers to meet with its underwriters, actuaries, wordings and claims specialists to discuss 57 lines of business.
Geo expands political violence and terrorism cover
Geo Specialty has broadened its UK political violence and terrorism policies, widening the scope of its business interruption insurance to cover loss of profits even after the property has been rebuilt and reopened.
People moves: 18-22 October 2021
Keep up to date with the latest people moves.
People Moves: 11-15 October 2021
Keep up to date with the latest people moves.