Managing general agents (MGAs)
MGA Ripe names second CUO in less than a year
UK Digital MGA Ripe has appointed Sean Carney as its new chief underwriting officer.
MGA completes MBO from broker parent
Blackthorn has sold its MGA subsidiary Samphire Risk via a CEO-led buyout backed by Kantara Capital.
Cullum-backed investment vehicle supports MGA’s Series A funding round
Minority Broker Partnerships, an investment vehicle backed by Towergate founder and former Global Risk Partners [now Brown & Brown Europe] chairman Peter Cullum, has backed drone specialist MGA Moonrock Insurance for an undisclosed sum.
Niche MGA capacity provider acquired by Korean insurer
Korean insurer DB is set to acquire 100% of the outstanding shares of The Fortegra Group, the specialty insurer, for approximately $1.65bn (£1.23bn) from Tiptree and Warburg Pincus.
DCL launches next phase of broker portal
Direct Commercial has enhanced its broker portal, claiming the update gives brokers faster control, increased efficiency, sharper insight and less admin.
MGA rolls out product to tackle rise in pothole claims
Incorporated Insurance Group (IIGL), part of Avid Insurance, the specialist managing general agent, has secured new capacity as it targets groundworkers.
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.
MGAA CEO Keating on the importance of its regional broker event
Ahead of the Managing General Agents’ Association Broker Exchange in Leeds on 15 October, CEO Mike Keating told Insurance Age the importance of regional events and how MGAs can navigate the softening market.
New CEO Crosbie outlines MGA/M&A plans as Academy rebranded BDH Group
Academy Insurance Services has rebranded to BDH Group and appointed Gordon Crosbie as its new CEO, Insurance Age can reveal.
Uris Group extends capacity deal with Zurich to £275m over five years
Specialist personal lines managing general agent Uris Group has struck a £275m five-year capacity deal with long-standing partner Zurich, as it targets growth in its property insurance portfolio, trading as Midas.
Gill named Bspoke CEO as Smyth switches to deputy chair
Bspoke Group, recently bought by NFP, has promoted Ryan Gill to CEO succeeding Tim Smyth who is becoming deputy chair as it also unveiled a new retail division.
Arc Legal and Collegiate part of AmTrust/Blackstone MGA spin-off
AmTrust has reached a definitive agreement under which funds managed by Blackstone Credit & Insurance will partner in the spin-off of seven of the specialty insurer’s MGA and fee businesses to form a new independent company.
MGA Arrow targets tech E&O with Bridgehaven deal
Arrow Risk Management has launched its tech E&O underwriting practice teaming up with Bridgehaven Specialty UK for capacity.
Meet the MGA: AUK MGA
AUK managing director Nigel Palmer gives Insurance Age the lowdown on the MGA’s exclusive, broker-led proposition that he asserts will help it achieve £250m GWP in the next three years based on its current growth rate.
What next for Jensten Group after the Bain Capital buyout?
With Bain Capital investment now secured, content director Jonathan Swift outlines what the market might expect from Jensten Group as it enters a new era.
IDEX launches M&A sell side offering for brokers and MGAs
IDEX Consulting has unveiled its M&A advisory service designed for brokers and MGAs, in a move it claimed would challenge the industry’s current traditional transaction-focused model.
NBS launches enhanced contractors combined product
NBS Underwriting has launched a contractors combined product to provide brokers with a “comprehensive solution that brings essential construction-related covers together in one streamlined policy”.
New specialist healthcare and medical malpractice MGA launched
Superian Insurance Group has launched Scious Underwriting, a specialty Lloyd’s coverholder and MGA specialising in healthcare and medical malpractice risks.
Meet the MGA: Moonrock Insurance
Moonrock’s COO Rachel Oliver offers her insights into the specialist drone managing general agent and how it is helping brokers service the growing low altitude economy.
Blog: The impact of tariffs on the extended warranty market
Changing global trade conditions are reshaping repair economics. According to Ronan Conboy, founder and CEO of Carrow Insurance, brokers have a role to play in helping businesses adapt early to stay resilient and competitive.
Hadron strikes five-year capacity deal with agricultural MGA
Rokstone’s specialist agricultural MGA iFarm Underwriting has extended its multi-year capacity commitment via the Accelerant Risk Exchange, adding long-term support from Hadron UK.
Meet the MGA: Sutton Specialist Risks
SSR managing director Gary Uren outlines how 36 years of data/knowledge, coupled with the backing of Acrisure and long-standing insurer capacity, means it is in good shape to almost double in size over the next five years.
Iprism adds excess of loss product to Acturis
Iprism, the specialist construction, property and private clients MGA, has expanded its excess of loss via the Acturis trading platform.
MGA Ventis increases line size to £70m
MGA Ventis has announced that it has increased the line size it can underwrite.