All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Sep 8 2014 // HGGC, a middle market private equity firm, said it has completed a majority investment in Pearl Holding Group, a managing general agent (MGA) focused on the non-standard auto insurance market in Florida.As part of the...
Sep 8 2014 // Lloyd’s of London began and remains a specialized market (not an insurance company). It accepts risks that are too large, or too complex, or both, that do not lend themselves to coverage through more “normal...
Aug 28 2014 // Munich Re’s primary insurance subsidiary Great Lakes Australia (GLA) has reached an agreement to support Australia’s largest broker network, Steadfast Group in their proposed acquisition of Calliden Group...
Jul 25 2014 // MGA membership in the UK’s Managing General Agents’ Association (MGAA) now represents over £3.3 billion [$5.6 billion] of Gross Written Premium (GWP).Jonathan Evans MP, chairman of The All Party Parliamentary...
Jul 24 2014 // Ascent Underwriting, a managing general agent (MGA) specializing in emerging and professional risks, has enhanced its CyberPro medical billings errors and omissions product and increased limit availability to $5...
Jul 22 2014 // Wholesale insurance broker Cooper Gay Swett & Crawford (CGSC) has launched an underwriting management agency specializing in the healthcare industry. The new venture, Pro-Praxis Insurance, will be led by Robert Allen...
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses.Leib Dodell, a veteran...
Jun 18 2014 // ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan.ANV said the “team...
Jun 16 2014 // It’s summertime, and that means millions of active people are outside enjoying their recreational vehicle of choice. Virtually all RVs require some form of insurance protection, whether it’s for the vehicle...
Jun 12 2014 // UK-based club-style MGA formation platform Castel Underwriting Agencies announced the appointment of Mark Posner as its chief operating officer. He will report to CEO, Mark Birrell, and lead the continued development of...
Jun 5 2014 // Members of the UK’s Managing General Agents’ Association (MGAA) are “prioritizing the development of new business lines and products to drive organic growth over the next three years according to the...
May 28 2014 // Arthur J. Gallagher & Co. said it has acquired MGA Insurance Group of Lakewood Ranch, Florida. Terms of the transaction were not disclosed. Established in 1989, MGA Insurance Group (MGA) is a national program...
May 19 2014 // Matthew Letson, incoming president of the American Association of Managing General Agents (AAMGA), found the insurance industry like most do – by accident.After college, he landed a job at Markel doing marketing research...
Apr 29 2014 // Insential Inc., a full service property and casualty insurance wholesale brokerage, appointed Stephen Mileski as senior vice president in its program division in Illinois.He will be responsible for developing P/C program...
Apr 21 2014 // Lloyd’s has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving its goals, embodied in its “Vision 2025” Plan, which details “how the Corporation will...
Apr 15 2014 // The London-based Nexus Group, a Managing General Agency (MGA) announced the formation of a new specialist product line covering a wide range of accident, sickness and travel insurance, written on a direct and facultative...
Mar 6 2014 // Specialist Lloyd’s underwriter Marketform announced that it is the first Lloyd’s Managing Agency to secure a coverholder in Lithuania, one of the fast-emerging countries in the Baltic region.“Initially...
Feb 27 2014 // Great Lakes regional insurance wholesaler, Grand General Agency in Grandville, Mich., has promoted John Salzwedel to the position of chief executive officer. Salzwedel has been with Grand General since 1997 and has...
Feb 25 2014 // The Managing General Agents’ Association (MGAA) announced the election of Darren Doherty of Pioneer, Jeff Turner of Miramar and Catherine Bell of inet3 to its board at its annual general meeting.They join existing...
Feb 11 2014 // Representatives of over 75 percent of the UK’s Managing General Agents’ Association (MGAA) member organizations gathered yesterday to hear Peter Montanaro, Head of Delegated Authorities at Lloyd’s, set...