Marine
Pen boosts yacht hull capacity by 50%
Pen Underwriting has increased its yacht hull limit by 50% to $/€15m with immediate effect.
Aventum makes first MGA buy as it pushes into Continental Europe
Aventum has bought Rotterdam-headquartered specialist marine and logistics managing general agent Post & Co in its first ever MGA acquisition.
MGA Addept announces marine legal expenses tie-up
Addept Insurance Services has launched a new scheme with sail and motor yacht insurance provider, Pantaenius UK.
Geo partners with Intact on marine capacity
Geo Underwriting has entered a capacity partnership with Intact Insurance for the next phase of the Ardonagh-owned MGA’s specialist marine trade offering.
MGA Optio expands marine offering with UK deal
Optio Group has bought London-based managing general agent Gardian Marine for an undisclosed sum, subject to regulatory approval.
Interview: Tigi Singhateh and Adrian Best, Invicta Insurance Services
Since coming on board in 2022, Invicta Insurance Services’ leaders have doubled the size of the business, despite having to deal with a fraudster. With the now ex-employee jailed and the case firmly behind them, they are targeting doubling again.
South African insurance giant gets Lloyd’s green light to trade from 1/1
Santam, Africa’s largest short-term insurer, has been granted Lloyd’s final permission to underwrite for business incepting from 1 January 2026.
Marsh UK announces new CEO to replace retiring Chris Lay
Marsh has revealed James Addington-Smith is to take over from the retiring Chris Lay as CEO of Marsh UK.
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.
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.
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.
Broker hits double figures with Cornwall branch opening
Brunel Insurance Brokers has opened its 10th UK office, located in Hayle, Cornwall.
Côté reunites with Argentieri as RSA recruits CDO from Allianz
RSA Insurance has appointed Tom Argentieri as chief distribution officer UK and Europe, RSA Specialty Lines.
Sompo boosts UK and international business with £2.6bn acquisition
Sompo has entered into an agreement to acquire Aspen Insurance Holdings for an aggregate consideration of approximately $3.5bn (£2.6bn).
Specialist marine hull MGA becomes fully independent from Arch
Amphitrite Underwriting London, a specialist marine hull managing general agent, has moved to full independence following a buyback of Arch’s minority shareholding.
Noble Insurance Group to buy Caravanwise
Noble Insurance Group, home to a portfolio of specialist brokers, has signed up to buy camping and leisure market specialist Caravanwise.
Aviva leans into digital with enhanced freight liability insurance launch
Aviva Global, Corporate and Specialty has rolled out freight liability insurance on Acturis for the first time alongside making the enhanced version available on Fast Trade.
UK brokers and MGAs rebranded ‘to drive scale’
HW Kaufman Group has unveiled plans to consolidate its broking and underwriting brands outside of North America.
Hiscox launches cargo API
Hiscox has launched a cargo application programming interface-based solution, available through broker partners for underwriting small cargo and stock throughput risks.
French broker opens in the UK as it approaches 180 year anniversary
French insurance broker Filhet-Allard Maritime has expanded into the UK opening a London office.
Liberty Specialty Markets creates director of UK retail role in restructure
Liberty Specialty Markets has named Dermot Walsh, currently head of commercial property, as director of UK retail.