All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Apr 23 2018 // The UK-based Managing General Agents’ Association (MGAA) hopes its launch of Chrysalis, a dedicated community for MGAs to share innovation and expertise, will represent the interests of the next generation of...
Apr 17 2018 // Envelop Risk, a London-based cyber insurance analytics firm, announced the launch of a cyber managing general agent (MGA).Envelop Risk provides cyber underwriting to re/insurers and partners with cyber security firms to...
Apr 16 2018 // HWI International Group, the privately owned insurance business, has announced the launch of NuVu Underwriting Hong Kong Ltd., a new managing general agent (MGA) in Hong Kong, headed up by industry veteran Jeremy...
Apr 11 2018 // Socius Insurance Services Inc., a management liability and property/casualty insurance wholesaler, has opened a branch in Dallas — its first in Texas.Assistant Vice President of Property and Casualty Chris Barnes will...
Apr 9 2018 // Two leading Los Angeles-based national wholesale insurance businesses will be joining forces as Worldwide Facilities has agreed to acquire The Sullivan Group.Worldwide Facilities plans to acquire all of the outstanding...
Apr 3 2018 // Castel Specialty, the division of club-style MGA formation platform Castel Underwriting Agencies Ltd., has added a global property facultative reinsurance offering to its portfolio.Paul Witzenfeld joins Castel Specialty to...
Mar 23 2018 // Insly, a cloud-based insurance platform, announced an investment of €2.2 million (US$2.7 million), led by Concentric and Black Pearls VC.Founded in 2015, Insly offers insurance policy management for insurance brokers and...
Mar 19 2018 // When Toys ‘R’ Us secured a $3.1 billion bankruptcy loan in September, toy makers were reassured they would be paid for goods delivered to the company as it tried to emerge from Chapter 11.Now those payments are...
Mar 19 2018 // Insurance industry technology is experiencing a revolution. While insurance carriers and venture capital firms have been behind much of today’s insurtech innovation, insurance agents and brokers have also jumped into...
Mar 19 2018 // V3 Insurance Partners LLC, a Newtown, Penn.-based specialty insurance program administrator, has named Brian Janitschke chief operating officer.In this role, he will be based in V3’s Newtown offices and will focus on...
Mar 14 2018 // Smooth Waters, LLC, a subsidiary of RSG Underwriting Managers, LLC (RSGUM), has entered into an engineering service agreement with the National Cargo Bureau, Inc. (NCB) to offer marine loss prevention and claims services...
Mar 8 2018 // Castel Bloodstock has secured a new binder with Lloyd’s capacity, provided by Canopius Syndicate 4444 and AEGIS Syndicate 1225.The new capacity supports a bloodstock account focusing on high value thoroughbred,...
Mar 5 2018 // Manchester Underwriting Management Ltd. (MUM) announced it has acquired Pelican Underwriting One Ltd. from third party managing agent Asta Capital Ltd.Pelican Underwriting One trades as Pelican Underwriting and specializes...
Mar 5 2018 // Integro Insurance Brokers has named Jacquelyn Neal as a principal in the marine practice. Neal is based in the San Francisco, Calif., office.She will manage a book of existing marine clients and develop new cargo and...
Feb 21 2018 // V3 Insurance Partners LLC, a Newtown, Penn.-based specialty insurance program administrator, has named Brian Janitschke chief operating officer.In this role, he will be based in V3’s Newtown offices and will focus on...
Feb 13 2018 // Wholesale insurance brokers have been selling off their businesses and it’s not because they are all ready to retire.As in the retail agency segment, consolidation among wholesale brokerages is being driven by buyers...
Feb 13 2018 // Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Apsley Specialty Ltd., a registered Lloyd’s coverholder.Financial details of the transaction were not disclosed....
Feb 13 2018 // Ryan Specialty Group LLC (RSG) announced it has reached a definitive agreement to acquire London-based Lodestar Marine Ltd., an MGA in the protection & indemnity (P&I) fixed premium marine market, from Tawa...
Feb 6 2018 // Woodland Hills, CA, February 6, 2018- gotoPremiumFinance and Jetfile Technologies, Inc. are pleased to announce the formation of a partnership that will provide the first integrated and completely paperless point-of-sale...
Feb 5 2018 // David Kramer and Theodore Nittis have launched Gemini Risk Partners as an independent professional liability insurance brokerage in Bloomfield Hills, Michigan.The firm will focus on serving law firms, as it did when it was...