All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Feb 20 2020 // Garnet Underwriting Managers (GUM), the managing general underwriter assigned to manage Garnet Casualty Insurance Corporation, has signed its first managing general agent, Conway E&S of Warrendale, Penn. This is a step...
Feb 14 2020 // Global reinsurer SCOR said it has acquired a majority stake in AgroBrasil, an MGA focused on distributing fruit and grain loss of crop quality and yield insurance protection to Brazilian farmers.Neither side disclosed...
Feb 14 2020 // Atlanta, GA, February 14, 2020 — The Specialty Property team at Blue River Underwriters will host an informative webinar on the real estate investor property insurance market and other commercial excess and surplus...
Feb 12 2020 // H.W. Kaufman Group, the Farmington Hills, Mich.-based wholesale broker and managing general agent, announced the expansion of Node International’s North American presence with the addition of Matthew Lefchik, who...
Feb 11 2020 // Pen Underwriting has announced the appointment of Tom Downey to the role of chief executive officer, subject to regulatory approval.He takes over the leadership of the £500 million (USS$646 million) GWP underwriting...
Feb 10 2020 // Digital Buys Getting Some Attention; Buyers Getting Bigger; Prices Going Higher; Eyes on DigitalThe private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory...
Feb 7 2020 // Bermuda-based global specialty lines underwriter Argo Group International Holdings has agreed to sell its Trident Public Risk Solutions brand and underwriting platform to Paragon Insurance Holdings.Trident Public Risk...
Feb 4 2020 // Atlanta, GA, February 4, 2020 — Breckenridge Insurance Services is pleased to announce the promotion of Emily Gosch to vice president, property and casualty broker from associate broker. Gosch has been with the company...
Jan 30 2020 // Pro Global Holding Ltd., global re/insurance outsourcing and consulting specialists have formed a partnership with VIPR, a software provider that focuses on delegated authorities. This move will see the two combine their...
Jan 27 2020 // A sweeping California gig economy law was the focus of a lot of the talk this year during an annual insurance wholesalers conference.Assembly Bill 5, California’s gig worker law was signed by Gov. Gavin Newsom in...
Jan 23 2020 // CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer.Leveraging a combination of artificial intelligence and machine learning, ThreatInformer’s data...
Jan 17 2020 // Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into...
Jan 15 2020 // A sweeping California gig economy law was the focus of a lot of the talk this year during an annual insurance wholesalers conference.Assembly Bill 5, California’s gig worker law was signed by Gov. Gavin Newsom in...
Jan 15 2020 // Tysers, the London-based broker, announced it has taken a minority investment in Bermuda’s newly formed and first independent managing general agent Helix Underwriting Partners Ltd.“As we enter the 200th year...
Jan 14 2020 // BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses.Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive...
Jan 13 2020 // MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA.MS Amlin will serve as lead underwriter for the MGA and provide 50% of capacity for DAU through a...
Jan 9 2020 // Coverys European Holdings Ltd. (CEH), the London-based agency platform that invests in managing general agencies (MGAs) in Europe and the U.K., announced it acquired AEC SpA, a Lloyd’s coverholder, broker, third...
Jan 7 2020 // Nexus Specialty Inc., part of MGA Nexus Group, has formed a new program agreement with Crum & Forster that allows Nexus to underwrite their trade credit products on a fully admitted basis in the U.S.Nexus Specialty...
Jan 6 2020 // Clearcover, a digital managing general agent focused on auto insurance, said it has raised $50 million in new financing. The company said the money will be used to accelerate further national growth as well as further its...
Jan 3 2020 // Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel...