All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Feb 2 2018 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Bridge Underwriting AB, a Stockholm-based specialist underwriting MGA.Bridge...
Feb 1 2018 // XPT Group has partnered with W.E. Love & Associates (WEL), a 36-year old MGA with expertise in trucking risks.Led by John H. Love and based in Burlington, N.C., WEL offers select retail agencies direct access to...
Jan 29 2018 // Ryan Specialty Group (RSG) has launched a Latin American-focused managing general underwriter, Capital Bay Underwriting, based in Miami.Capital Bay’s central emphasis is financial lines re/insurance products for...
Jan 29 2018 // Cannasure Insurance Services (Cannasure), a managing general agent and wholesale broker specializing in cannabis insurance, and based in Cleveland, Ohio, has hired Kieran O’Rourke to lead its MGA underwriting...
Jan 25 2018 // A digital startup private flood insurance provider, Neptune Flood, has secured $2 million in seed round funding and has plans to “aggressively expand” nationwide by offering its platform to carriers, agencies...
Jan 25 2018 // Private equity firm Preservation Capital Partners has completed its acquisition of Ascent Underwriting, the London-based cyber and specialty lines MGA, after obtaining UK regulatory approval.Ascent’s management team...
Jan 24 2018 // Ryan Specialty Group LLC has reached a definitive agreement to acquire the assets and operations of the Irwin Siegel Agency Inc. (ISA). Terms of the agreement were not disclosed.ISA is a human and social service managing...
Jan 22 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...
Jan 19 2018 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, has announced the launch of Edison Motor and the appointment of Steven Dickie and Doug Ockwell as joint...
Jan 18 2018 // JenCap Holdings LLC (JCH), a specialty insurance business, has agreed to acquire privately-held Genesee General, a managing general agency, program administrator and wholesale insurance broker based in Alpharetta, Ga. The...
Jan 17 2018 // Ascent Underwriting, a niche-product managing general agent, has launched a professional liability product for allied health practitioners and facilities in the U.S.Ascent’s new Allied Health product includes a...
Dec 20 2017 // Volante Global Ltd., a new multi-class and multi-territory international managing general agent (MGA) platform, will launch and commence trading during Q1 2018, subject to Lloyd’s coverholder approvals where...
Dec 15 2017 // Fidelis Insurance announced it has taken an equity stake in a new managing general agent (MGA) Firestone Surety Ltd., and will provide underwriting capacity.Details about the amount of Fidelis’ investment and...
Dec 13 2017 // Plum Underwriting, the specialist home insurance managing general agent in the UK market, has opened an underwriting and service center as part of its strategy to support continued growth.The center, located in Basildon,...
Dec 6 2017 // On the heels of its recent successful crowdfunding raise, the app-based insurtech managing general agent Wrisk has made another major step forward, receiving full authorization from the UK’s Financial Conduct...
Dec 1 2017 // Commercial lines insurance program administrator Safebuilt Insurance Services, Inc., dba SIS Wholesale Insurance Services, has launched a new online builders risk program available in all 50 states and Washington...
Nov 22 2017 // Starr Cos. announced an agreement with SMARTT MGA to act as agents for Starr International (Europe) Ltd. to provide automated quotes and policy documentation for light general aviation business.“We have built a close...
Nov 17 2017 // Barbican Insurance Group has launched Barbican Specialty US, a new managing general agency (MGA) providing wholesale excess and surplus (E&S) property insurance for small-to-medium-sized commercial operations along the...
Nov 14 2017 // NIF Group Inc. (NIF), a wholesale broker, program administrator and managing general agency, and its parent company JenCap Holdings LLC (JCH) have agreed to acquire privately held Agency Intermediaries Inc. and A.I.I....
Nov 14 2017 // Chord Re, a new underwriting vehicle established by Stefan Long, formerly head of Aspen Re London, has launched operations on Nov. 6.Chord Re expects to both structure and lead programs in specialist classes and will...