Managing general agents (MGAs)
Bspoke extends capacity backing with three-year SiriusPoint deal
Bspoke Group has signed a three-year capacity deal with SiriusPoint worth up to £60m in gross written premium in year one.
Ex-Esure, L&G and Direct Line boss Peter Graham joins Markerstudy
Former CEO of Esure Peter Graham has been appointed as non-executive chairman (designate) of Markerstudy Insurance Services.
Spring Insure gets Bridgehaven capacity
Managing general agent Spring Insure has secured A-rated capacity from Bridgehaven Specialty UK to sit alongside its existing backers as it targets expansion.
Flock launches insurance for removal fleets
Insurtech Flock has rolled out a motor fleet insurance product for professional removal and storage companies available through brokers and directly.
Arc Legal and HB Underwriting team up to tackle employer’s liability gap
Arc Legal Group has partnered with HB Underwriting to cater for the latter’s policyholders who find themselves as employers because of their care needs.
Stand-alone specialist energy MGA Navata launched
Thomas Miller has announced the launch of its standalone MGA business, Navata.
Meet the MGA: Criterion
Looking to challenge the status quo when it comes to insuring waste and recycling businesses, underwriting director Stuart Kinsella explains why having no referral parameters and deep expertise in the sector means Criterion is well positioned to make its…
Clear buys Accelerate Underwriting
The Clear Group has made its fourth managing general agent acquisition, snapping up Accelerate Underwriting.
Dual UK buys MGA International Passenger Protection
Dual UK has signed up to buy managing general agent International Passenger Protection, which provides cover against insolvency of travel operators or other related suppliers.
MGA Arkel secures £25m of new Lloyd’s capacity
Arkel has secured an additional £25m delegated authority binder with Axis for landlords’ let property.
MGA expands into transactional liability following first acquisition
Rising Edge has signed an agreement to acquire AMANIKI GmbH enabling the MGA to launch a suite of transactional liability insurance products.
Market Movement Index: Smaller insurers gain market share from re-broking
New research from Broker Insights shows brokers are placing more business with smaller players, resulting in a changing landscape where competition can thrive. Rachel Gordon reports.
Accredited announces first major capacity deal post R&Q sale
Aventum managing general agent Rokstone has agreed a multi-year and multi-strategy capacity agreement with Accredited.
MGA expands with London office launch
Managing general agent Giant Insurance has launched an office in London, the fifth for the company.
Scor’s McMurdo replaces Johnson as Accredited UK and European boss
Stuart McMurdo has been named president of Accredited UK and Europe, effectively replacing Colin Johnson, CEO of Accredited Insurance Europe.
Meet the MGA: Altea
Carly Matson, CEO of Altea Insurance, outlines how her MGA is helping healthcare professionals and organisations fulfil their insurance requirements against a backdrop of hard rates and frustrations around regulation/licensing.
Halo founder launches insurtech Gigasure
Ernesto Suarez has launched insurtech managing general agent Gigasure offering travel, backpackers, and car hire excess insurance.
Zurich sells Navigators & General to Ardonagh’s Geo
Geo Underwriting is buying marine insurance provider Navigators & General from Zurich UK, with the deal expected to close before the end of the year.
Charles Manchester: Reflections on a career in insurance
Charles Manchester shares his reflections on the challenges and achievements during his time in the market as well as the outlook for MGAs and opportunities for the sector.
SRG adds second acquisition to its MGA this year
Specialist Risk Group has agreed to buy Trilogy Underwriting, a specialist property and casualty managing general agent, to add to its MX underwriting pillar.
OneAdvent partners with Bridgehaven in capacity deal
OneAdvent has struck a deal with Bridghaven Specialty UK that will see the hybrid fronting insurer provide A-rated capacity to managing general agent Criterion to underwrite waste management and recycling risks.
Next deal on the horizon for Bspoke
Bspoke Group has “signed heads” on its next deal, with an announcement to come ‘in weeks’, CEO Tim Smyth has told Insurance Age.
Allianz’s Hobbs, Arch’s Peters, Aviva’s Martin and Zurich’s Nichols to join panel at Broker Expo 2024
Insurance Age is delighted to reveal the first panel at the Broker Expo 2024 and it has a lot of insurer star power.
Interview: Addept Group managing director Richard Finan
Addept MD Richard Finan gives Insurance Age the lowdown on his return to the market; his thoughts on changes to the MGA market in the wake of Consumer Duty; and the challenges of creating ancillary products in a post-FCA GAP intervention world.