All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Jul 6 2022 // Geo Underwriting, The Ardonagh Group’s MGA subsidiary, has completed the acquisition of the managing general agent Lorega Holdings Ltd. from Alcuin Capital Partners.Financial details of the transaction were not...
Jul 4 2022 // The hard market for cyber insurance, which is expected to continue for “some time,” and a lack of capacity has made captive insurers an “attractive risk management option for corporations,” said AM...
Jul 1 2022 // Insurance technology vendor Vertafore reports that it has acquired MGA Systems, a provider of software for managing general agencies based in Melville, New York.Vertafore said the acquisition gives its customers access to...
Jun 30 2022 // PCF Insurance Services acquired Utah-based property/casualty managing general agent United Underwriters. United Underwriters offers agencies across the Western United States P/C MGA services and programs including...
Jun 21 2022 // The hard market for cyber insurance, which is expected to continue for “some time,” and a lack of capacity has made captive insurers an “attractive risk management option for corporations,” said AM...
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...