All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Nov 9 2017 // Newbridge Risk Partners, an underwriting cell on the Castel Underwriting MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its...
Nov 6 2017 // Britain’s financial services industry regulator is to launch later this week a long-promised investigation into competition in the wholesale insurance broking market, where one top executive has complained of...
Nov 3 2017 // A new insurance distribution partnership XPT Group reports it has acquired WSS, a Plano, Texas, wholesale broker and managing general agency (MGA) including Western Security Surplus Insurance Brokers Inc. and its managing...
Nov 3 2017 // Bermuda-based Fidelis Insurance announced it has launched its first managing general agent (MGA), called Radius. The MGA will be run by Rob Ashton and will focus on niche specialty treaty excess of loss business, such as...
Nov 1 2017 // QBE North America, an operating division of QBE Insurance Group Ltd., announced a strategic program underwriting alliance with managing general agent Professional Risk Facilities (PRF), designed to offer coverage for...
Oct 26 2017 // Burns & Wilcox Canada, a managing general agent in North America, has expanded into British Columbia with the opening of a Vancouver office. The new office is located in Vancouver’s business district at the...
Oct 25 2017 // Independent specialty managing general agent Nexus Group announced it has acquired Credit Risk Solutions Ltd. (CRS).Established in 2003, CRS is an independent specialist trade credit broker operating with headquarters in...
Oct 17 2017 // Freehold, NJ, October 17, 2017 — Mgaero welcomes InsurTech industry executive Alex Tsetsenekos as head of business development. Tsetsenekos brings nearly twenty years of diverse leadership experience in the insurance...
Oct 9 2017 // Pen Underwriting, the UK managing general agent, has announced a new long-term capacity deal with Zurich in the specialist area of hazardous and tanker transportation, building on a successful partnership that extends back...
Oct 4 2017 // Insurance company employees wondering where all their bosses are this week should not be worried. It’s a good bet the executives are safe in Las Vegas at the second annual InsureTech Connect Conference. More than...
Oct 4 2017 // A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and Long Term Issuer Credit Rating of “a-” of Tower Hill Prime Insurance Co.,...
Oct 2 2017 // Global insurance broker Hub International Limited (HUB) named Marc Cohen, currently president, as president and chief executive officer, effective Jan. 1, 2018. He also will be a member of the board of directors.Cohen will...
Oct 2 2017 // A group of independently owned Texas managing general agents (MGAs) have come together to provide targeted, direct, local relief to communities affected by Hurricane Harvey.Texas MGAs for Disaster Relief is working with...
Sep 26 2017 // Using a Bermuda joint venture between Ironshore and C.V. Starr & Co. as a model, Ironshore announced the launch of Iron-Excess on Monday.Ironshore, a Liberty Mutual company, describes Iron-Excess as an expansion of the...
Sep 26 2017 // Pioneer Underwriters and Asta, the third party managing agent at Lloyd’s, announced they have received “in principle” approval from Lloyd’s to establish a syndicate.Pioneer commenced underwriting in...
Sep 25 2017 // Dallas-based insurance exchange and MGA MarketScout announced it has launched MarketScout InsurTech (MIT), which will make investments in tech-enabled insurance distribution. The initial funding of $25 million will come...
Sep 25 2017 // Atlanta, GA, September 25, 2017 — The Blue River Underwriters’ Fire Sprinkler Elite program launched a free online safety portal to provide risk management resources for its fire sprinkler contractors’...
Sep 22 2017 // Asta, a third-party managing agent at Lloyd’s, announced it has received “in principle” approval from the Lloyd’s Franchise Board to establish and manage Agora Syndicate 3268.In 2015, Asta and...
Sep 22 2017 // Dania, FL, September 22, 2017 – Anthony L. Johnson, Chief Executive Officer of First Light Program Managers, Inc. and James A. Butler, President of Piedmont Transportation Underwriters, Inc. of Winston-Salem, North...
Sep 21 2017 // A group of independently owned Texas managing general agents (MGAs) have come together to provide targeted, direct, local relief to communities affected by Hurricane Harvey.Texas MGAs for Disaster Relief is working with...