Managing general agents (MGAs)
MGA backer Accelerant files for IPO in US
Risk exchange platform and capacity provider Accelerant, a major player in the UK managing general agents market, has revealed plans for an IPO in the US.
Ripe tops £20m turnover in 2024
Manchester-based digital managing general agent Ripe grew turnover by 15.7% in 2024 to £20.6m.
Ventis expands into Scotland
Commercial and residential real estate managing general agent Ventis has launched in Scotland, under the leadership of Karen Feeney.
Alps adds Financial & Legal to GAP panel
Managing general agent Alps has added Financial & Legal to its panel for Guaranteed Asset Protection insurance.
Specialist MGA seals new liability capacity across three business lines
Specialist MGA Avid Insurance has partnered with insurer Starr to access fresh underwriting capacity.
BP Marsh buys into property specialist MGA
Private equity house BP Marsh & Partners has revealed its second insurance investment in a month, taking a 27% stake in Cameron Specialty.
Insurers and MGAs line up to support brokers amid Applied Epic exit
Insurer and managing general agent leaders have committed to help brokers deal with the impact of Applied Systems cutting Epic from the UK market.
SRG names ex-Lockton and Marsh boss Nimmo as first UK CEO
Specialist Risk Group has recruited Neil Nimmo as its first CEO – UK, effective immediately.
Ex rugby and NFL star to lead MGA’s UK and EU growth
Former NY Jets and Saracens player Hayden Smith has been promoted to regional CEO of MGA United Risk to oversee the expansion of its EU, UK and British Commonwealth business.
Folgate ups real estate risk appetite to £70m
Folgate Underwriting has increased its total sum insured per location to £70m for real estate and property risks.
MGA aims to ‘mitigate underinsurance’ with Lloyd’s-backed product
Aurora, the specialist algorithmic managing general agent, has launched a new property owners’ insurance product.
Former Nexus US CEO launches MGA
London-headquartered international managing general agent Amiga Specialty has officially launched promising an “aggressive growth and acquisition strategy”.
Freedom sells broking arm to top 100 broker to focus on MGA business
Niche motor specialist One Sure Insurance has acquired fellow Top 100 UK broker Freedom Brokers, Insurance Age can reveal.
New MGA to target recruitment companies
Acies MGU has created a new managing general agent, Acies Specialist Schemes, launching with an offering for recruitment companies.
Aspect grows product range again with liability offer
Managing general agent Aspect has broadened its product range with liability cover now being offered alongside property risk underwriting.
Rokstone launches international casualty division
Managing general agent Rokstone has launched an international casualty division, recruiting again from Convex to lead the new offering.
Meet the MGA: Arkel
Chief underwriting officer Kris Lee outlines why data and people are key to Arkel’s success, none more than recent recruits Matthew Donaldson and Steve Lewis, and how its ‘dream team’ will take it to new heights in a ‘pivotal’ 2025 as it aims to become a…
Motor MGA faces uncertain future after Accredited does not renew binder
CPD Underwriting Solutions has become one of the latest motor MGAs to face an uncertain future due to the withdrawal of capacity.
Analysis: Is the era of offshore capacity over, or is it poised for a comeback?
High profile casualties such as Gibraltar-based Enterprise Insurance Company (2016), and Danish providers Alpha (2018) and Gefion (2021) meant offshore capacity came under scrutiny at the end of the last decade. Today there appears to be less noise about…
Accelerant boss Radke on 30% MGA growth and enabling brokers to ‘monetise every opportunity’
Risk exchange platform and capacity provider Accelerant is aiming to support managing general agent members with 30% growth over the next 12 months, CEO Jeff Radke told Insurance Age.
Brokers stress the importance of claims support when choosing an MGA
Brokers have emphasised the importance of A-rated claims support when choosing a managing general agent (89%), according to research by MGA Corin Underwriting.
Downey on getting Pen to £1.75bn by 2030
Having hit its goal of £1bn gross written premium a year early in 2024, Pen Underwriting has set its sights on £1.75bn by 2030. CEO Tom Downey tells Insurance Age about the strategy of organic growth, product development and acquisitions now in place to…
Biba 2025: Making MGA-capacity relationships flourish
Allowing managing general agents the freedom to act independently is the key to a productive insurer-MGA partnership, according to Pen Underwriting CEO Tom Downey.
Biba 2025: Mike Keating on unrated due diligence
Mike Keating, CEO of the Managing General Agents’ Association, analyses how due diligence on unrated capacity should work both ways – from broker to MGA and MGA to broker respectively.