Managing general agents (MGAs)
Zurich targets £250m of GWP after extending relationship with MGA
Zurich UK has extended its capacity agreement with Plum Underwriting for a further five years, with ambitions to reach £250m GWP over the term.
MGAA boss Keating weighs in as broker survey backs dedicated MGA regulation
A recent survey of insurance brokers has shown backing for the establishment of a dedicated regulatory framework for MGAs, with 68% agreeing that the Financial Conduct Authority should regulate MGAs separately from insurers and brokers.
Meet the MGA: Elmlake Underwriting
A seasoned professional indemnity underwriter, Darren Galloway, managing director of new MGA Elmlake Underwriting, explains how it plans to fuse both traditional and modern approaches to offer a one-stop shop for brokers and their clients.
Q&A: Christy Chisholm, group sales and marketing director at Clear Group
With 100 days in the role after joining Clear Group from Premium Credit, group sales and marketing director Christy Chisholm reflects on the initial challenges, successes and her work with the British Insurance Brokers’ Association promoting insurance as…
In Depth: How can brokers future-proof their placement strategies?
Aligning risks properly with the appetite of insurers and MGAs is key to maximising the effort and time brokers spend with their placement strategies. Edward Murray explores how this can also mitigate issues should an agency be withdrawn.
M&A market will be busy but less frenzied in 2025, says Ardonagh boss Bayles
Ardonagh Advisory leader Phil Bayles has hailed reaching the goal of 12 deals in 2024 and indicated around a further six this year.
MGA launches mid-market cyber product
Cyber manging general agent Onda has launched Onda X, a new product that supports mid-market companies in the UK and France.
PIB CEO hails ‘milestone’ as it buys MGA
PIB Group has acquired specialist litigation insurance managing general agent Litica.
Brown & Brown buys Edinburgh-based MGA
Brown & Brown Europe has bought niche construction sector property and complex liability programmes specialist Premier Commercial.
In Depth: How can brokers access capacity for specialist and non-standard risks?
Brokers continue to face challenges placing non-standard specialist risks that sit outside the core appetite of many mainstream insurers. Edward Murray explores how MGAs might be able to help these intermediaries grow their books by giving them capacity…
Bolt-on deal sealed by Bspoke, with more to come, says Smyth
Bspoke has completed a bolt-on deal and has a “fair bit” of ongoing activity, group CEO Tim Smyth told Insurance Age.
Meet the MGA: Carrow Insurance
Looking to mend the disconnect between MGAs and carriers to get back to the ‘win-win situation’ where consistency and partnerships are a focus, Carrow Insurance will only write in product areas it has deep-seated expertise, CEO Ronan Conboy tells…
Eaton Gate first MGA live on imarket
Managing general agent Eaton Gate has joined imarket and will be deploying its first product, tradespeople, through imarket to the Bravo Digital Trader platform in March.
US parametric specialist buys Floodflash
Insurtech Floodflash has agreed terms to be bought by US parametric insurance specialist NormanMax Insurance Holdings.
MGAA’s Mike Keating sees opportunity to ramp up support material on claims
Mike Keating, CEO of the Managing General Agents’ Association, sees an opportunity to ramp up guidance on claims, while also highlighting the “extremely buoyant” MGA market.
US consolidator completes first overseas deal with UK MGA buy
Bishop Street Underwriters has completed its acquisition of Landmark Underwriting, a specialty-focused managing general agent based in London.
MGA brings together five businesses under one brand
Dual Group has rebranded a collection of its UK MGA businesses under a single identity.
Motor MGA widens distribution after targeting £125m GWP with Zurich capacity
Managing general agent Freedom Services is aiming to more than double the business it writes to £125m gross written premium through a capacity deal it struck with Zurich in 2024, Insurance Age can reveal.
Market Movement Index: Brokers cutting agencies to focus on fewer insurers
Analysis from Broker Insights shows brokers are consolidating agency numbers and ending relationships with smaller, less useful, insurers. Rachel Gordon breaks down the data.
MGA Aspect expands in property with more products promised for brokers
High-hazards mid-market specialist managing general agent Aspect has rolled out a broader range of product capabilities and a brand refresh.
Amwins reveals three-part MGA structure
Amwins Global Risks has reorganised its underwriting operations into three entities, including UK-based managing general agent Unicorn Underwriting.
MGA takes another Axa leader with CUO hire
Optio Group has appointed the former Axa director of schemes and delegated authorities Gary Head as chief underwriting officer, effective immediately.
MGAA unveils 2025 strategic vision
The Managing General Agents’ Association has set out it strategic vision and mission for 2025, focusing on education, amplifying its value to members, and data-driven insights.
Rokstone recruits Winsley from Howden as broker relationship boss
Managing general agent Rokstone has recruited Rob Winsley from Howden to take up the newly created role of capacity manager and broker relationship director.