Latest Insurance Wholesale Headlines

All the headlines from our Insurance Wholesale Topic Page, ordered by recency.

MGA Volante Global Launches Branch in Singapore, Managed by Asta

Jun 2 2023 // Volante Global, a multi-class, multi-territory international MGA and Lloyd’s syndicate, has launched Volante Singapore, according to Asta, the Lloyd’s third-party managing agent.“The launch of Volante...

InsurTech NY Accepting Applications for Digital MGA Lab

Jun 2 2023 // InsurTech NY has opened its application window for its Digital Managing General Agency (MGA) Lab. Applications for the cohort will be accepted through July 15.InsurTech NY brings together carriers, brokers, investors, and...

Markets/Coverages: U.S. Cannabis-Focused MGU Opens for Business in Europe

May 31 2023 // The North American managing general underwriter CannGen Insurance Services (CannGen) has launched a European operation amid expectations that the continent’s legal cannabis market is set for substantial...

MGAs, Delegated Underwriting Authority Enterprises Sparked Double-Digit Growth in 2022 U.S. Premiums: AM Best

May 22 2023 // Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate in 2022, increasing by 13.8% to $67.6 billion, according to a new...

California Insurance Wholesalers Association (CIWA) Prepares for Star-Studded Summer Forum Event in Lake Tahoe

May 11 2023 // VIP Speakers include Marcus Allen (NFL) and Annika Sorenstam (LPGA)FAIRFIELD, CA, May 3, 2023 – The California Insurance Wholesalers Association (CIWA), a professional trade association focused on California E&S...

People Moves: BHSI Promotes Browne, Holmes to Global U/W Posts; AXA XL Bolsters Energy Team With 3 Hires; MGA Alta Signa Names Marongiu Technical Head of Cyber U/W

May 9 2023 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance (BHSI), AXA XL, and the MGA Alta Signa Europe.A summary of these new hires follows here. BHSI Promotes Browne,...

Specialist Risk Group (SRG) Acquires Medical Liability MGA, The MPLC

May 4 2023 // Specialist Risk Group (SRG), the London-based insurance broker, announced the acquisition of the managing general agent, The Medical Professional Liability Co. Ltd. (The MPLC), subject to regulatory approval.Financial...

MGAs, DUAEs Sparked Double-Digit Growth in 2022 U.S. Premiums: AM Best

May 3 2023 // Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate in 2022, increasing by 13.8 percent to $67.6 billion, according to a...

People Moves: MGA DUAL North America Appoints 3 Industry Veterans for Leadership Roles; AXA XL Insurance Names Duke as Head of Pricing, Mid-Market Team

May 2 2023 // MGA DUAL North America Appoints 3 Industry Veterans for Leadership RolesDUAL North America Inc., a subsidiary of Howden Group, has appointed three industry veterans to leadership and key underwriting roles through...

BMS Group Acquires Australian MGA GARD Insurance

May 2 2023 // BMS Group, the London-based independent specialist re/insurance broker, has acquired the Australian managing general agent GARD Insurance Pty Ltd., which includes ALE underwriting.The terms of the transaction have not been...

AIG, Stone Point Finalize Deal to Start MGA for High Net Worth Business

Apr 27 2023 // American International Group said it has finalized an agreement with private equity firm Stone Point Capital to form Private Client Select (PCS) Insurance Services.PCS will be an independent managing general agent serving...

Ardonagh Advisory to Buy HNW Broker Stanhope Cooper, MGA Renovation Underwriting

Apr 25 2023 // Ardonagh Advisory Holdings Ltd., a subsidiary of The Ardonagh Group, announced, it has agreed to acquire a majority shareholding in leading High Net Worth (HNW) broker Stanhope Cooper and managing general agent Renovation...

People Moves: Startup Intangic MGA Names Marsh’s Durkan as Commercial Dir.; Helvetia Taps Rupprecht From NN Group as CEO; BMS Hires Ardonagh’s Leather as UK, Int’l CFO

Apr 24 2023 // This edition of International People Moves details appointments at Intangic MGA, Helvetia Group and BMS.A summary of these new hires follows here. Startup Intangic MGA Names Marsh’s Durkan as Commercial...

Markets/Coverages: Everspan, MGA Ledgebrook Partner on GL Program

Apr 18 2023 // Everspan Group said it has partnered with specialty MGA Ledgebrook on a new program offering general liability and supported excess liability to mid-market businesses. Coverage will be distributed through wholesale...

Pro MGA Global Solutions Announces Incubation Partnership With MGA Nirvana

Apr 18 2023 // Pro MGA Global Solutions, the independent managing general agent (MGA) incubator, announced its incubation partnership with specialty MGA Nirvana.Nirvana is led by CEO Kabir Chanrai and Executive Chairman Rob Jones, along...

MGA Rokstone Launches Credit and Surety Treaty Division

Apr 17 2023 // Rokstone, the London-based speciality re/insurance MGA, part of the Aventum Group, has launched a Credit & Surety Treaty division.Rokstone has appointed Luis Antonio Ibáñez as the portfolio manager to lead the...

Re/insurance MGA Aspect Labs Opens for Business, Backed by Everest Re and AmTrust

Apr 12 2023 // Aspect Labs Ltd., the London-based re/insurance managing general agent, has officially opened its doors for business – targeting small-to-mid-market risks that are not big enough for Lloyd’s of London.Initially...

Nexus Acquires Majority Stake in Dubai-Based MGA, Spectrum Risk Management

Apr 10 2023 // Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and...

Markets/Coverages: Canopius U.S., MGA Falvey Partner to Offer Inland Marine Coverage

Apr 10 2023 // Canopius Group, a global specialty re/insurer, announced a new partnership with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the United States. This marks the first time that...

DOXA Acquires Georgia-based Preferred Aviation MGA

Apr 4 2023 // DOXA Insurance Holdings, an Indiana firm, has expanded its stable of distribution companies with the recent acquisition of Georgia-based Preferred Aviation Underwriters, a managing general agent. PAU, headquartered in...