The MGA sector is showing strong growth, but how is it affecting the market and is there a risk it could go pop? Sam Barrett asks
While most in insurance manage to avoid potential conflicts of interest, more transparency can only be a good thing, says Ant Gould
Platform was launched in December 2017.
Group to be an MGA and is looking to expand broking arm.
Bluefin being fined £4m by the FCA dominated the interest of Insurance Age’s readers in the final month of there year. There were two stories in the top five but there was also room for a new MGA, a fraud court case and another look at Amazon’s insurance…
Results show net written premiums ticking up by 3.6%.
Gross written premium and policy numbers stable at the broker.
Talbir Bains is the founder and CEO of Volante with Nephila Capital the principal equity investor and the Volante management team participating as minority shareholders.
Mark Hands, former head of trading (North) at the insurer has set up Mercia Underwriting which is due to begin trading on 1 January with capacity arranged through Lloyd’s by Circle Insurance Services.
Midas, part of Ardonagh Group, will take over Direct’s specialist business as it looks to grow GWP to £100m.
Private equity firm to provide capital for growth plans including acquisitions.
MGA, part of the Seventeen Group, to roll out the offering at Broker Expo.
This week's most read stories include two broker deals, a scheme launch, one new broker and the unveiling of an MGA.
Broker to provide administration services for Neos' smart home insurance proposition.
Anjuna Underwriting to write motor business through Bollington's wholesale network.
The broker will focus on motor and will be based in Cheadle, Manchester.
The MGA move was revealed in company accounts which also showed that Eldon made a loss in 2016.
Deal is broker's eleventh in 17 months.
Launch delayed due to impact from the Ogden rate change.
According to the MGA the cover will be available to all new and renewal SME clients that opt to use its panel of service vendors in the event of a claim.
MGA says CFC BreachAlert will notify policyholders in real-time if any of their data is posted on the dark web.
Start-up says new platform uses over 260 external data sources.
The MGA will offer home build and construction and engineering products to brokers.
The Lloyd’s insurer said it wants to invest and build a global property and casualty insurance and reinsurance platform.