All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jun 21 2022 // Aura Underwriting, part of Rokstone, the Aventum Group’s global specialty re/insurance MGA, has announced the launch of Aura Parametric, a new Caribbean parametric product to complement its existing Lloyds Caribbean...
Jun 15 2022 // Pine Walk Capital Ltd., the London-based specialist MGA platform and Fidelis subsidiary, has launched a seventh MGA, Pernix Specialty Ltd., which specializes in political risk and non-payment risks.Pernix will be led by...
Jun 7 2022 // InsurTech MGA Loadsure announced the launch of its new smart annual cargo product, Cargo Plus.The new offering is an annualized ocean cargo product that will deliver the financial convenience of a pay-as-you-go policy with...
Jun 7 2022 // iprism Underwriting, the specialist commercial, property and high net worth MGA, has added property/casualty insurance company AmTrust to its property owners panel as broker demand for specialist property owners cover...
Jun 7 2022 // Johnson & Johnson acquired the assets of the wholesale brokerage & binding (WB&B) and managing general underwriting (MGU) units of Oklahoma City, Oklahoma-based Midlands Management Corporation.Midlands is a...
Jun 6 2022 // Charleston, SC., June 06, 2022 – Johnson & Johnson will expand its footprint into Texas and Oklahoma by acquiring the assets of the Wholesale Brokerage & Binding and Managing General Underwriting units of...
Jun 6 2022 // Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an executive at the insurer...
Jun 2 2022 // Workers’ compensation insurtech Hourly has raised $27 million in a series A seed round.The platform lets employers with hourly workers run payroll, track time and attendance, and manage workers’ compensation...
May 24 2022 // Insight Risk Targets Builder’s Risk Water Damage LossesInsight Risk, a technology-focused Builder’s Risk managing general agent (MGA), announced it is launching an innovative model designed to reduce water...
May 23 2022 // Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an executive at the insurer...
May 20 2022 // Zurich’s Climate FieldView Expands Precision Crop Information for RCISZurich North America crop insurance business – Rural Community Insurance Services (RCIS) – has added Climate FieldView to its list of...
May 18 2022 // This post is part of a series sponsored by AgentSync.Managing general agents (MGAs) are a black hole of insurance knowledge – with many avenues of compensation, it can be confusing to understand how MGAs are even allowed...
May 9 2022 // This edition of International People Moves details appointments at Chubb Canada, insurtech MGA Loadsure and Lloyd’s re/insurer Canopius.A summary of these new hires follows here. Chubb Names Johnstone President of...
May 6 2022 // San Diego-based FutureProof Technologies, which calls itself a “climate-smart property/casualty insurtech,” announced that it has raised $6.5 million in capital led by AXIS Digital Ventures, bringing its total...
May 5 2022 // Seaglass Insurance Group, with offices in Estero, Florida, is a new managing general agent offering workers’ comp insurance through a national carrier, along with risk management and safety programs. Austin Seaglass...
Apr 27 2022 // This post is part of a series sponsored by AgentSync. Despite common industry misconceptions, managing general agents and underwriters (MGAs and MGUs) are also on the hook in a variety of ways for proactively verifying...
Apr 26 2022 // This edition of International People Moves details appointments at brokers Lockton and McGill and Partners as well as the Bermuda MGA Arcadian Risk Capital.A summary of these new hires follows here. Lockton Announces New...
Apr 19 2022 // Insurance companies can conduct remote rather than on-site reviews of their managing general agents in Maryland beginning in October.Gov. Larry Hogan has signed legislation recommended by the state’s insurance...
Apr 13 2022 // Victor, a global managing general underwriter (MGU), is expanding its underwriting capabilities into the reinsurance market. The firm announced it has acquired the business of Regional Treaty Services Corp. (RTSC), a...
Apr 12 2022 // Palisade Partner Launches Specialty Managing General UnderwriterPalisade Insurance Partners, a specialty managing general underwriter, has been launched with plans to provide a range of contingent legal risk insurance and...