All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Aug 5 2024 // This post is part of a series sponsored by Dyad. Wholesalers are a bridge between retail agents/brokers and the markets that provide the specialized coverages that retailers need for their most challenging risks. Their...
Aug 2 2024 // Johnson & Johnson, a managing general agency working in 48 states, has acquired Strickland General Agency in Suwanee, Georgia, J&J announced. The deal closed July 31. Terms were not disclosed. Strickland, known as...
Jul 26 2024 // Private Client Select Insurance Services (PCS) said it has entered into an agreement with Ryan Specialty on a distribution partnership.The independent managing general underwriter started by American Internal Group (AIG)...
Jul 26 2024 // Executives of two property/casualty insurance organizations—Kinsale Insurance and the U.S. P/C operations of Arch Capital—shared their recipes for success with an analyst who crowned their companies as performance...
Jul 23 2024 // Carbon Underwriting Ltd., the London-based managing general underwriter and Lloyd’s syndicate CBN 4747, announced that Lloyd’s has granted in principle approval for the launch of Syndicate 5757, effective Jan....
Jul 12 2024 // Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter...
Jul 12 2024 // A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023, according to a new Conning strategic study.The global investment management firm’s 11th...
Jul 8 2024 // This edition of International People Moves details appointments at the MGA Devonshire Underwriting and Generali Global Corporate & Commercial (GC&C), .A summary of these new hires follows here. Grant Joins MGA...
Jul 3 2024 // Specialist Risk Group, the London-based insurance intermediary, announced the acquisition of political violence specialist underwriter, Tristar Special Risks.Tristar Special Risks has deep expertise in terrorism insurance...
Jun 21 2024 // K2 International, the specialty re/insurance underwriting platform that is owned by private equity firm Warburg Pincus, announced the launch of a London-based MGA called K2 Rubicon Specialty.The new MGA division was...
Jun 21 2024 // Ledgebrook, the Boston-based excess-and-surplus managing general agent, announced it will be expanding its professional lines offerings by launching an architects and engineers product with its capacity provider, the...
Jun 17 2024 // Though A.M. Best remains bullish on the delegated underwriting authority enterprises (DUAEs) market, it remains cautious of the risk managing general agents (MGAs) bring to insurers.In its latest market segment report, the...
Jun 13 2024 // Specialist Risk Group, the London-based insurance intermediary, announced that its managing general agent, MX, has agreed to a new capacity agreement with program manager Accredited Insurance (Europe) Ltd. (AIEL).AIEL is...
Jun 11 2024 // DOXA Insurance announced the acquisition of CPH Insurance, a Chicago-based MGA providing professional liability products for mental health, allied health and healthcare professionals. Founded in 2000 by founder and...
Jun 7 2024 // Nirvana, the London-based managing general agent and Lloyd’s coverholder, announced the renewal of its Media/Technology Errors & Omissions and Cyber (MTC) binding authority with an increased £/$/€10 million...
Jun 5 2024 // Alta Signa Europe B.V., the European boutique managing general agent (MGA) and Lloyd’s coverholder, announced the opening of an office in Switzerland, marking a significant milestone in the company’s expansion...
Jun 5 2024 // Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based broker, announced that its specialist underwriting subsidiary Pen Underwriting has acquired Ireland’s Wrightway Underwriting Ltd.Terms of the...
Jun 5 2024 // Global specialty insurance broker NSM Insurance Group has completed its acquisition of Strategic Underwriters International (SUI).Based in Doylestown, Pennsylvania, SUI is a managing general agent (MGA) in the casualty...
May 29 2024 // This edition of International People Moves details appointments at aviation specialist Itasca MGA Ltd. and DUAL Group, Howden’s MGA subsidiary.A summary of these new hires follows here. Specialist Aviation MGA Itasca...
May 24 2024 // Though A.M. Best remains bullish on the delegated underwriting authority enterprises (DUAEs) market, it remains cautious of the risk managing general agents (MGAs) bring to insurers.In its latest market segment report, the...