Managing general agents (MGAs)
MGA launches product to cover EV charging point installation
Legal & Contingency has launched an insurance policy that covers the installation of electric vehicle charging points in England and Wales.
ManyPets founder Mendel to step down
Many Group, parent of insurtech MGA ManyPets, has announced that longstanding group CEO and co-founder, Steven Mendel, has decided to leave his post and is to be replaced by Luisa Barile, formerly CFO and current ManyPets UK CEO.
Marine MGA Amphitrite gets full FCA approval
Amphitrite Underwriting London has confirmed receiving full authorisation from the Financial Conduct Authority on 31 January 2024.
C-Quence enhances management liability with legal expenses
C-Quence has unveiled ML6, enhancing its management liability offering with a legal expenses module and the addition of a range of client support services.
MGA to branch out with new life sciences Lloyd’s launch
Asta, through its third-party managing agency at Lloyd’s, has received “in-principle” approval for a new syndicate-in-a-box to deliver a product that aims to accelerate the development of new therapeutic drugs.
Tokio Marine to acquire MGA brand and staff from Marsh
Tokio Marine HCC International has reached an agreement with Marsh Specialty UK to onboard certain employees of Lavaretus Underwriting.
Markerstudy weighing up Northern Ireland options as it exits short-term market
Markerstudy has confirmed to Insurance Age that it plans to withdraw from the short-term motor insurance market.
NBS launches hospitality product
NBS Underwriting has launched a multi-location hospitality insurance product.
NBS launches excess of loss liability insurance
NBS Underwriting has launched excess of loss liability insurance in a move it flagged enables brokers to offer an additional £5m of public liability cover beyond primary level limits.
OneAdvent launches MGA Criterion
Specialist managing general agent and broker services platform OneAdvent has launched Criterion, an MGA that underwrites niche classes of business.
Malcolm Harvey retires from Qlaims
Managing general agent Qlaims has announced founder Malcom Harvey has retired.
Waste management and recycling plant insurance – a market short on capacity
Media stories of massive premium hikes highlight issues in the waste management and recycling insurance market.
MGA expands D&O offering with NED Protect
Rising Edge has expanded its commercial D&O offering to include a new product, tailored exclusively for non-executive directors.
Aurora pushes on broker relationships with new hire ahead of product launch
Aurora has appointed Tom Willmore to a newly-created broker-facing role as it committed to launching a commercial combined offering this spring, amid a drive to be a one-stop shop for brokers.
Commercial Express highlights hair and beauty scheme
Commercial Express has launched a hair and beauty product for hairdressers, barbers and beauty therapists.
Bridgehaven backs MGA Alchemy’s professional risks launch
Bridgehaven Insurance has backed managing general agent Alchemy’s launch into the professional risks market.
New property MGA Ventis launches with ex-Covéa quartet
Ventis, a specialist commercial and residential real estate managing general agent, has opened for business.
Bridgehaven unveils first UK MGA fronting partnership
Hybrid fronting insurer Bridgehaven Insurance has made its first move partnering with managing general agent Avid Insurance on property excess of loss insurance solutions for registered providers of social housing.
Travelers completes Corvus buy
The purchase of cyber specialist managing general underwriter Corvus Insurance went through on 2 January, Travelers has confirmed.
Arch to sell MGA platform Castel to Ryan Speciality
Ryan Specialty has signed a definitive agreement to acquire Castel Underwriting Agencies from Arch Financial Holdings (UK) and minority shareholders.
Review of the Year 2023: Polo Managing Agency’s Paul Andrews
Paul Andrews, CEO of PoloWorks and Polo Managing Agency, wonders what happened to Arch’s auction for Castel and predicts an FCA crackdown on the ‘last bastion of poor outcomes’ to protect vulnerable groups.
Review of the Year 2023: Spring Insure’s Paula McManus
Paula McManus, senior PI underwriter at Spring Insure, shares her thoughts on continuing major market withdrawals and recalls Socrates when advising the political parties on how to win her vote at the 2024 General Election.
Insurtech ARMD expands into the broker tradespeople market
ARMD, an insurtech, has formed a managing general agent to target brokers interested in the £6.5bn UK tradespeople insurance market.
Review of the Year 2023: Arc Legal Group’s Peter Harvey
Peter Harvey, deputy CEO of Arc Legal Group muses on a 20th anniversary celebration and reliving his school days by becoming an Olympian long jumper.