Managing general agents (MGAs)
PIB seeking to raise £100m - £200m to fund growth
Firm looking for further investment but has no plans to stop working with Carlyle Group.
Arch buys Obelisk Underwriting
The business is to become part of the Arch UK Regional Division and follows its deal to buy Axiom Underwriting earlier this month.
Cyber MGA start-up Bewica targets brokers with portal launch and API offering
Cyber specialist managing general agent Bewica is targeting brokers with a suite of tools including risk assessment and reporting tool
InsurTech Futures: Zego teams up with WeFlex on fleet
The provider is offering the 700-strong car leasing business an insurance policy featuring insights into driver behaviour.
Axiom Underwriting now part of Arch UK regional division
Deal follows Arch's purchase of Ardonagh's commercial MGA businesses last year.
Nexus snaps up Capital Risks MGA
MGA reveals it has also raised £16m to continue to make more acquisitions.
Fiducia unveils combined liability product
MGA says policy can offer over 500 trades, including builders and engineers, access to a wide range of covers.
Arch Insurance International invests in MGA
Archipelago, a personal lines managing general agent has been set up by former Aon-executives Richard Coleman and Angus Simpson.
Ascent adds physical damage to cyber product
Product is backed by Munich Re and designed for businesses of all sizes.
Sure Thing! launches private car MGA
The motor broker has set up Stabilis in order to drive growth and is backed by A-rated Accredited Europe.
Blog: How can brokers get the best value from MGAs?
MUM Underwriting’s Charles Manchester outlines how the MGA market has developed and clarifies their role in relation to brokers.
PIB Group expands into Ireland
The business now has an Irish base following the acquisition of Optis Insurance as PIB prepares for Brexit.
GRP buys Peter Cullum-owned Trimulgherry
Business is made up of nine firms, one of which will be GRP's retail hub for North London and Essex.
Covéa partners with iFarm Underwriting on mini-fleet product
New offering is available to brokers specialising in rural businesses and agriculture.
Biba renews GAP scheme with Jackson Lee Underwriting
Partnership extended for a further three years.
PIB merges underwriting offerings
Q Underwriting brings together aQmen Underwriting Services, TFP Schemes and Thistle Underwriting Services under a shared Toba.
Brightside MGA Kitsune launches
The broker originally planned to go live with the MGA, which is targeting £20 - £25m GWP in the first year, in September 2017 but it was delayed due to changes to the Ogden rate.
Predictions for 2019: Brightside's Brendan McCafferty
Brightside's CEO predicts a Brexit-related recession, expects it to become more difficult for small brokers to secure capacity and confirms the launch of its MGA.
MGA Fiducia and Hiscox sever marine cargo ties
The MGA stated that the timing of the the Lloyd's review was a contributing factor in the decision.
Fusion sports team moves into Geo Specialty after Ardonagh sale
UK construction portfolio also ring-fenced from deal.
Video: Scheme Smart - How To Future-Proof Your Scheme
The third episode of Insurance Age’s documentary series with Axa, Scheme Smart, focuses on what steps can be taken to future-proof schemes and delegated authorities and what sectors brokers can look to for future growth.
Camberford Law rebrands
The GRP-owned business becomes Camberford Underwriting and has designed its refreshed website to ensure simplicity and efficiency for broker partners.
Sure Thing! losses stable at £3.41m for 2018
GWP and policy numbers both increase.
Folgate assigned BB+ rating by A.M. Best
Decision comes as the insurer gears up for UK market return in December.