capacity
In Depth: High net worth – are MGAs wrestling market share away from insurers?
Ever a competitive market, the high-net-worth sector continues to attract interest from both insurers and MGAs. Martin Friel asks if both models can co-exist, or if one is better suited to servicing these clients than the other.
Is the MGA motor market braced for casualties amid a perfect storm?
Motor MGAs are suffering as they battle high claims inflation and tougher reinsurance conditions. With more players expected to exit standard motor, Saxon East asks if there is any way the market can navigate this tough terrain?
UK General lost £7.4m ahead of sale
UK General Insurance lost £7.41m in its financial year before being snapped up by RCapital and Montague, Insurance Age can reveal.
Aqueous signs three-year capacity deal with Allianz Insurance
Aqueous Underwriting plans to push on SME business having secured new capacity in an initial three-year deal with Allianz Insurance.
Meet the MGA: Qlaims
Now its fourth year of trading, Qlaims CEO Liz Latter outlines her mission to make loss recovery insurance a mainstream product and for her MGA to be the “go to” provider for customer facing claims solutions
Accredited Europe looks to partner with UK MGAs as premium nears £500m
Randall and Quilter’s European program arm, the capacity backer of Policy Expert and Inperio, is looking to partner with UK managing general agencies.
Opinion: Tips to get your clients’ claims across the line quickly
Getting claims paid is not as straightforward as it once was, according to Malcolm Harvey, founder and executive director of Qlaims. Here, he explains a few hacks that might at least help speed up settlements.
Miller-linked new MGA Casper to focus on casualty
Managing general agent Casper Specialty UK has launched targeting the casualty market.
Travel insurance provider TIF Group re-enters broker market
Travel Insurance Facilities Group has re-entered the broker market with a new dedicated portal.
Meet the MGA: Fusion Specialty UK
As Fusion Specialty UK begins trading, managing partner Josh Cowen and partner Sam Shirley discuss why technology is key to their plans for the SME-focused mergers and acquisitions MGA.
Apollo partners with Moonrock on drone facility
Apollo will be providing capacity to Moonrock Drone Insurance for a facility designed to provide cover for larger commercial drone operations.
News analysis: Solvency II - should brokers be worried about the impact the reforms will have?
The government’s Solvency II overhaul will likely start this year. Politicians want to relax capital requirements to unleash investment and make the UK a more competitive country. Others have concerns about insurer failures, reports Saxon East.
News analysis: The 1/1 reinsurance renewals – What will 2023’s ‘challenging’ reinsurance market mean for UK brokers?
The annual 1/1 reinsurance renewal season might not have been on the list of major concerns of the average UK broker at the start of 2023. But as Rachel Gordon reports it could have a sting in the tail this year when it comes to capacity shrinkage and…
Brokers key to new UK regulated insurer Lumun’s success, says CEO Bilney
The CEO and founder of the proposed new UK regulated motor insurer Lumun has outlined the importance of brokers to its success.
Why Direct Line's disastrous profit warning should matter to brokers
Direct Line's profit warning sent shockwaves through UK insurer's share price yesterday, with Aviva and Admiral also suffering. Personal lines brokers should notice the problems Direct Line faces, as they are industry-wide and give insight into what to…
TMK moves into life sciences with Intellimed product launch
Tokio Marine Kiln has launched its inaugural life sciences insurance product, Intellimed, staking a claim for a Lloyd’s market first.
Citynet secures capacity for ‘first class’ solution to help its brokers
Lloyd’s broker and wholesaler Citynet has secured capacity to help its broker partners on motor business.
Loadsure boosts freight offering with Tokio Marine Kiln capacity backing
Loadsure has received capacity backing from Tokio Marine Kiln to enhance its freight protection offering.
Qmetric swings to loss
Policy Expert owner Qmetric Group Holdings has posted a post-tax loss of £9.99m as gross written premium broke through the £200m barrier.
Headline makers: December 2022
The key stories from the past month all in one place.
Qlaims launches ATE service
Qlaims has extended its claims assistance to provide after the event services to its brokers.
Meet the MGA: Specialty MGA
With a USP of providing brokers and their clients with "immediate and predictable answers," Specialty MGA UK’s chief underwriting officer Philippe Bara outlines his plans for the new business.
Kitsune enters administration after reinsurance renewal declined
Specialist motor managing general agent Kitsune Associates has entered administration after its reinsurance renewal was declined.
Airmic CEO warns industry of challenging times ahead
Julia Graham, CEO at Airmic, has stressed the harsh market has given insurers and brokers new challenges and that difficult times are ahead.