All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Nov 9 2022 // Financial services holding company Ambac Financial Group, Inc. announced that it has acquired majority stakes in both All Trans Risk Solutions, LLC and Capacity Marine Corp, both of Mahwah, New Jersey.All Trans is a...
Nov 8 2022 // Hourly.io, a workers’ comp and payroll startup, announced today that it is expanding its reach through a collaboration with Great American Insurance Group.In this expanded collaboration, Hourly will serve as a...
Nov 4 2022 // AmTrust Financial Services Inc. acquired Contractor Managing General Insurance Agency Inc. in California. CMGIA will offer surety bonds to small to mid-size contractors across 50 states. The company is led by Stephanie...
Oct 20 2022 // A new managing general agent has launched in London called “Specialty MGA UK,” which is focusing on providing additional capacity for specialty lines of businesses and hard-to-place risks.Specialty MGA UK...
Oct 13 2022 // Coalition, the San Francisco-based cyber insurer and cyber-security firm, announced the formation of Ferian Re, an independent Bermuda-based Class 3B reinsurer that will provide capacity across Coalition’s cyber...
Oct 4 2022 // Arcadian Risk Capital Ltd., a Bermuda-based managing general agent (MGA) and part of the “Class of 2020” announced that it has received regulatory approvals for new London and Dublin companies.Arcadian UK...
Oct 4 2022 // After many years working as a freight and logistics broker in the London market, Johnny McCord understood where the freight industry’s “pain points” were and thought technology and artificial intelligence...
Oct 3 2022 // Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market innovators, by reinsuring the fronting insurers that provide the paper for MGAs to...
Sep 30 2022 // This edition of International People Moves details appointments at AXA XL Reinsurance and the MGA Rokstone.A summary of these new hires follows here. AXA XL Reinsurance Promotes Twite to CEO, BermudaAXA XL Reinsurance...
Sep 29 2022 // Optio Group, the London-based specialty managing general agent (MGA), announced it will launch an MGA and reinsurance broker in Dubai, subject to final approvals from the UAE regulatory authorities. Both businesses are...
Sep 28 2022 // Resilience, the San Francisco-based cyber managing general agent, has launched an operation in London to serve the UK market.In a deal brokered by Lockton Re LLP, this expansion is backed by a capacity agreement with HDI...
Sep 22 2022 // ATLANTA, Ga., September 22, 2022 — Breckenridge Insurance announces the formation of BreckTechUW, a newly formed technical lines complex property operation, focusing primarily on US risks in the energy transition market....
Sep 20 2022 // The heightened perception of risk stemming from cyber attacks, the climate, pandemics and even inflation are just a few of the volatile factors fueling a demand-side need for more specialized coverage approaches, which...
Sep 15 2022 // Many reinsurers across the globe increasingly have been doing business with certain select managing general agents (MGAs), seen as market innovators, by reinsuring the fronting insurers that provide the paper for MGAs to...
Sep 6 2022 // Howden Re and TigerRisk Partners have announced the creation of a new group, Howden Tiger SabRE, comprising the existing global MGA and program capabilities of Howden Re and TigerRisk.The new MGA will be in place following...
Sep 6 2022 // Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a London office.Backed by a multi-year capacity agreement with Allianz Global Corporate &...
Aug 24 2022 // Any founders considering launching an InsurTech MGA should learn how to juggle, panelists said during a discussion hosted by Socotra CEO Dan Woods at the 2022 OnRamp Insurance conference.“I don’t know if I can...
Aug 22 2022 // At-Bay, the San Francisco-based insurtech and managing general agent, announced the acquisition of Relay, a technology solutions provider that enables the digital transformation of commercial insurance placements.Financial...
Aug 18 2022 // Euclid Transactional, a New York City-based managing general agent that specializes in transactional insurance underwriting, announced the opening of a Stockholm office, which will be led by Vice President Willy Edholm...
Aug 11 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Apollo Syndicate Management, and specialist MGA Aqueous Underwriting.A summary of these new hires follows here....