All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Sep 28 2023 // The private flood insurance market continues to expand, with a new managing general agent starting up in Florida.Titan Flood Inc., based in Tampa, is being launched by Stephanie Lee, the co-founder and chief operating...
Sep 27 2023 // Loadsure, the London-based insurtech and managing general agent, has partnered with WeatherOptics, a leading weather intelligence platform, with the aim of bringing weather intelligence into its risk calculations.Loadsure...
Sep 25 2023 // iprism, the London-based construction, property, commercial and high-net-worth MGA, announced the acquisition of property-focused MGA, SK Underwriting Ltd. for an undisclosed amount.Kent, England-based SK Underwriting was...
Sep 20 2023 // Nirvana, the London-based media, tech and cyber managing general agent (MGA), has launched its new European SME Warranty and Indemnity (W&I) binder.The team has a total available line size of €20 million ($21.4...
Sep 19 2023 // SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, and Stockholm-based Nordic Marine Insurance have announced a new strategic partnership.Founded in 2012, Nordic Marine is a managing general agent that...
Sep 11 2023 // Envelop Risk, the UK-based cyber re/insurance and analytics specialist, announced the launch of a program for cedents that want to enter the cyber risk market or expand their existing participation.The initiative, called...
Sep 11 2023 // Premiums underwritten by U.S. managing general agencies not affiliated with insurance companies reached $33 billion in 2022, and fronting companies wrote another $13 billion in the same year, a new report says.Reinsurance...
Aug 30 2023 // This edition of International People Moves details appointments at Starr Insurance, Arch Reinsurance and Fidelis MGU.A summary of these new hires follows here. Starr Names Chen CEO of Starr SingaporeStarr Insurance...
Aug 16 2023 // This edition of International People Moves details appointments at Arrow Risk Management and Sompo International.A summary of these new hires follows here. MGA Arrow Risk Launches FinPro Practice, With 2 Hires From...
Aug 7 2023 // DUAL, the London-based managing general agent, announced the acquisition of David Ashby Underwriting Ltd. (DAU), an MGA that specializes in bloodstock and high value sports horse insurance.Financial details of the deal...
Aug 7 2023 // SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, and Eaton Gate, a London-based managing general underwriter (MGU), announced a new partnership.Eaton Gate writes in excess of £100 million GWP through...
Aug 7 2023 // With forecasts of turbulence for the U.S. economy at the end of last year, 2023 opened to a slow but promising start. This signaled continued opportunities for growth for existing managing general agency (MGA) participants...
Aug 1 2023 // Pen Underwriting, the London-based managing general agent and Gallagher subsidiary, announced changes to its divisional structure to bring together core underwriting capabilities and expertise, for the benefit of its...
Jul 28 2023 // The Clear Group, the London-based independent broker, announced the acquisition of a specialist commercial lines managing general agent, Profile Risk Solutions Ltd.This represents the Clear Group’s third MGA deal and...
Jul 27 2023 // Charles Williamson has been hired by Marsh to become chief executive officer of it global managing general underwriting business, Victor.Williamson was most recently co-founder and CEO of Vault, an MGA and reciprocal...
Jul 20 2023 // DOXA Insurance Holdings Adds New Team to Launch Property MGADOXA Insurance Holdings, headquartered in Fort Wayne, Ind., welcomed two new team members, Liz Coakley and Caitlin Murphy. Coakley and Murphy, senior-level...
Jul 14 2023 // The Clear Group, the London-based independent broker, announced the acquisition of One Commercial Specialty Ltd., a speciality lines managing general agent. This represents the Clear Group’s second MGA deal and is a...
Jul 6 2023 // Specialty MGA UK, a recently formed MGA that is focused on providing additional capacity for specialty lines of business, has been approved as a Lloyd’s coverholder.Coverholder status will allow Specialty MGA UK to...
Jul 6 2023 // Arthur J. Gallagher & Co. announced that its UK-based specialist underwriting subsidiary Pen Underwriting has acquired Norwegian managing general agent (MGA) Fender Marine AS.Terms of the transaction were not...
Jun 19 2023 // Car enthusiasts know there’s nothing quite as exhilarating as driving off the lot with a brand-new automobile. That moment when you hit the open road for the first time marks the culmination of an exciting and...