#1 AM Best Report Cites MGA’s Role in Insurer Insolvencies

Dec 18 2024 // This story has been edited for clarity.In May of 2022, as Florida lawmakers debated solutions to the Florida property insurance crisis, a number of Democrats in the state Senate argued litigation and roof claims were not...

#2 Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU

Jan 7 2025 // Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year.Velocity Risk, providing...

#3 Relm Launches 50-State MGA to Be Led by Lavigne

Dec 12 2024 // Specialty carrier Relm Insurance said it has launched a managing general agent licensed in all 50 states.Relm also said Keith Lavigne has joined as head of underwriting – US. He will report to Relm CEO and founder Joseph...

#4 People Moves: Fairfax Insurance Names Young as President, Barnard as Chair; Acrisure Appoints Industry Veteran Reith as Exec Chair of MGA Unit Volante

Jan 3 2025 // This edition of International People Moves details at Fairfax Insurance Group and Acrisure’s Volante.A summary of these new hires follows here. Fairfax Insurance Group Names Young as President, Barnard as...

#5 Brown & Brown’s Nexus Agrees to Acquire Reinsurance MGA Arma in Dubai

Jan 2 2025 // Nexus Underwriting, a Brown & Brown group business, announced it has entered into an agreement to acquire Arma Fusion Ltd., the parent company of Arma Underwriting Ltd.Arma is a leading specialty reinsurance MGA based...

#6 Cyber Specialty MGA Envelop Risk Extends Capacity Backing From MS Reinsurance

Dec 11 2024 // Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance for a further three years.Further to that, MS Reinsurance recently became a...

#7 Bowie Promoted to CEO of MGU Private Client Select Insurance

Jan 8 2025 // Managing general underwriter Private Client Select Insurance Services, majority owned by Stone Point Capital and American International Group (AIG), said Ross Bowie has been appointed chief executive officer, effective...