The combined group, part of Belfast-headquartered Willis & Company, will trade under the Generation brand and plans to expand its footprint across the UK.
Group underwriting director Gary Humphreys says funding agreement led by Pollen Street Capital restructures the MGA's debt and opens the business up for making further deals.
A digital trading platform focusing on terrorism & sabotage has been developed for brokers.
QIC is also set to participate in the transaction, as Markerstudy says it plans to grow organically and through acquisitions.
The MGA specialises in construction and provides property and liability cover via UK brokers.
Uinsure is seeking to grow broker distribution of home insurance products.
The purchase of Robus by the Ardonagh-owned MGA has been hailed as a “powerful addition” by Geo CEO Derek Coles.
The broker has teamed up with Spring Partners as the platform buys Neon Sapphire Underwriting.
The decision puts 16 people at risk of redundancy from the organisation which launched in January 2019.
The former Covéa commercial lines boss has been appointed as non-exec chairman.
The Hannover Re-owned provider has joined CDL’s insurer hosted pricing platform Proteus.
Insurtech FloodFlash has launched a new iteration of its parametric commercial flood insurance designed to support risks and portfolios where the flood premium is between £20,000 and £1m annually.
Keep up to date with the latest people moves.
Cliff has been appointed chairman of the firm which specialises in the social housing sector, travel and associated insurance and property insurance.
Group CEO Paul Moors chats to Insurance Age about the broker’s Watson Laurie deal, future growth plans and cutting ties with Gefion.
The MGA, which specialises in the construction, leisure and commercial sectors, brings £20m of GWP to Ardonagh and will operate within Geo Specialty Group.
The product covers nuclear, biological, chemical and radiological attacks.
For the 36th episode of Post and Insurance Age’s Covid-Cast video series we gathered together an esteemed panel of ‘grumpy old insurance execs’ to talk about how to trade through a hard market, something many might have not experienced before.
Survey by the MGAA and Aventus shows fewer than a third provide brokers with customer data for account-based marketing and cross-selling.
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Downey discusses what it was like to take over as CEO just before lockdown, the future for Pen and why Covid-19 could lead to a “Darwinian moment” for the MGA market.
News Analysis: Covid-19 and BI wordings row likely to see a flight to quality, specialist providers while vanilla offerings set to struggle.
The sharing economy specialist has secured capacity from Accredited Insurance.
Insurance Covid-Cast: Future of Insurance Work - What do millennials want from their employers; and has it shifted due to Covid-19?
For the 32nd episode of Post and Insurance Age’s video series we gathered together a panel to discuss how millennials have experienced lockdown and what temporary practices they would like to see made permanent.