All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
May 9 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), AXA XL, and the MGA Alta Signa Europe.A summary of these new hires follows here. BHSI Promotes Browne,...
May 4 2023 // Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of the managing general agent, The Medical Professional Liability Co. Ltd. (The MPLC), subject to regulatory approval.Financial...
May 3 2023 // Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate in 2022, increasing by 13.8 percent to $67.6 billion, according to a...
May 2 2023 // MGA DUAL North America Appoints 3 Industry Veterans for Leadership RolesDUAL North America Inc., a subsidiary of Howden Group, has appointed three industry veterans to leadership and key underwriting roles through...
May 2 2023 // BMS Group, the London-based independent specialist re/insurance broker, has acquired the Australian managing general agent GARD Insurance Pty Ltd., which includes ALE underwriting.The terms of the transaction have not been...
Apr 27 2023 // American International Group said it has finalized an agreement with private equity firm Stone Point Capital to form Private Client Select (PCS) Insurance Services.PCS will be an independent managing general agent serving...
Apr 25 2023 // Ardonagh Advisory Holdings Ltd., a subsidiary of The Ardonagh Group, announced, it has agreed to acquire a majority shareholding in leading High Net Worth (HNW) broker Stanhope Cooper and managing general agent Renovation...
Apr 24 2023 // This edition of International People Moves details appointments at Intangic MGA, Helvetia Group and BMS.A summary of these new hires follows here. Startup Intangic MGA Names Marsh’s Durkan as Commercial...
Apr 18 2023 // Everspan Group said it has partnered with specialty MGA Ledgebrook on a new program offering general liability and supported excess liability to mid-market businesses. Coverage will be distributed through wholesale...
Apr 18 2023 // Pro MGA Global Solutions, the independent managing general agent (MGA) incubator, announced its incubation partnership with specialty MGA Nirvana.Nirvana is led by CEO Kabir Chanrai and Executive Chairman Rob Jones, along...
Apr 17 2023 // Rokstone, the London-based speciality re/insurance MGA, part of the Aventum Group, has launched a Credit & Surety Treaty division.Rokstone has appointed Luis Antonio Ibáñez as the portfolio manager to lead the...
Apr 12 2023 // Aspect Labs Ltd., the London-based re/insurance managing general agent, has officially opened its doors for business – targeting small-to-mid-market risks that are not big enough for Lloyd’s of London.Initially...
Apr 10 2023 // Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and...
Apr 10 2023 // Canopius Group, a global specialty re/insurer, announced a new partnership with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the United States. This marks the first time that...
Apr 4 2023 // DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred Aviation Underwriters, a managing general agent. PAU, headquartered in...
Apr 4 2023 // Astaara, the Guernsey-based managing general agent and risk management advisory business, has increased its underwriting capacity and insurance limit from US$12.5 million in 2020 to US$25 million with effect from April...
Apr 3 2023 // This edition of International People Moves details appointments at Chubb, the MGA Pen Underwriting and loss adjuster McLarens.A summary of these new hires follows here. Chubb Names Chasseguet as Country President for...
Apr 3 2023 // During a webinar about an insurance industry labor market survey, an industry recruiter said insurance carriers are losing ground to managing general agents in the war for talent.“On the property and casualty side,...
Apr 3 2023 // Our industry’s rising volume of non-traditional risks won’t diminish anytime soon. That’s why it’s vitally important to support underwriters and other entrepreneurs who choose to build new managing...
Mar 28 2023 // Aqueous Underwriting has secured major new capacity following the signing of an initial three-year deal with insurer Allianz Insurance.The move is part of the MGA’s plans to significantly grow its presence in the...