All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jan 8 2025 // Managing general underwriter Private Client Select Insurance Services, majority owned by Stone Point Capital and American International Group (AIG), said Ross Bowie has been appointed chief executive officer, effective...
Jan 7 2025 // Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year.Velocity Risk, providing...
Jan 3 2025 // This edition of International People Moves details at Fairfax Insurance Group and Acrisure’s Volante.A summary of these new hires follows here. Fairfax Insurance Group Names Young as President, Barnard as...
Jan 2 2025 // Nexus Underwriting, a Brown & Brown group business, announced it has entered into an agreement to acquire Arma Fusion Ltd., the parent company of Arma Underwriting Ltd.Arma is a leading specialty reinsurance MGA based...
Dec 18 2024 // This story has been edited for clarity.In May of 2022, as Florida lawmakers debated solutions to the Florida property insurance crisis, a number of Democrats in the state Senate argued litigation and roof claims were not...
Dec 12 2024 // Specialty carrier Relm Insurance said it has launched a managing general agent licensed in all 50 states.Relm also said Keith Lavigne has joined as head of underwriting – US. He will report to Relm CEO and founder Joseph...
Dec 11 2024 // Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance for a further three years.Further to that, MS Reinsurance recently became a...
Dec 2 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced world of insurance, MGAs and wholesalers need a management solution that is secure, highly customizable, and designed to accelerate every aspect of the...
Nov 22 2024 // Aqueous Underwriting, the London-based MGA, has secured major new capacity in a three-year deal with A+ rated insurers Allied World and Sompo. The move to a syndicated capacity arrangement provides the MGA with the...
Nov 21 2024 // This post is part of a series sponsored by Selectsys.In the competitive insurance industry, Wholesalers, MGAs, and Brokers are always seeking ways to streamline operations, integrate new technology with legacy systems, and...
Nov 18 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced and ever-evolving insurance landscape, carriers, MGAs, and wholesalers are constantly seeking ways to improve efficiency, reduce costs, and streamline...
Nov 14 2024 // Fidelis Insurance Group, a Bermuda-based global specialty re/insurer, announced a new strategic partnership with Euclid Mortgage Insurance Services LLC, a managing general agency that specializes in underwriting credit...
Nov 13 2024 // This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance.A summary of these new hires follows here. Price Forbes Taps BMS’s Morgan for Global Construction...
Nov 6 2024 // Ryan Specialty, the Chicago-based specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners from Abry Partners and BHMS Investments.Financial details of the deal were not disclosed....
Nov 5 2024 // Specialist Risk Group (SRG), the London-based specialist insurance intermediary that is majority-owned by Warburg Pincus and Temasek, announced the acquisition of specialist reinsurance firm NW Re.Financial details of the...
Nov 4 2024 // Insurance software-as-a-service provider Vertafore said it has acquired Surefyre, a submission and underwriting platform for managing general agencies and wholesalers.The deal’s financial terms were not disclosed....
Oct 23 2024 // Rokstone, the London-based speciality re/insurance MGA that is part of the Aventum Group, has announced a three-year binding authority agreement with Aviva for its direct & facultative (D&F) property portfolio.The...
Oct 23 2024 // This post is part of a series sponsored by Selectsys.Managing multi-carrier processes presents significant challenges for Managing General Agents (MGAs). With increasing complexity in the insurance landscape, MGAs must...
Oct 21 2024 // Pen Underwriting has relaunched its cyber proposition for large corporate clients with a comprehensive rebuild that sees it re-enter primary cover for this end of the market, double its excess of loss (XOL) limit and...
Oct 17 2024 // This post is part of a series sponsored by Selectsys.In the fast-paced insurance industry, MGAs and wholesalers are constantly challenged with managing large volumes of submissions from agents. Typically, gatekeepers spend...