Managing general agents (MGAs)
Transactor reveals profit and growth plans
Ray Vincent, chief executive of Transactor Global Solutions, has confirmed the technology company will report profits “north of £250,000” when it publishes its full year results.
CFC chief reveals post-MBO plans
David Walsh, managing director at CFC Underwriting, has revealed the company's plans to move further into the affinities business and expand its product range.
CFC management go it alone following MBO
The management team at CFC Underwriting, the cyber risk specialist MGA, have completed a management buyout of the company from the Hyperion Insurance Group.
Iprism returns to profit with doubled turnover
Iprism Underwriting Agency has reported a jump back to profit, with earnings of £2.1m for the year ended December 2011, compared with a loss of £0.8m in 2010.
Brokers increase their PI footprint
Professional indemnity market shows no sign of slow down and attracts slew of new entrants
New professional risks MGA launched following Novae purchase
Nexus Underwriting Management has launched a new Lloyd’s MGA focusing on professional indemnity and management liability business.
LFC Shield pushes new Allianz-backed product range
LFC Shield has added Allianz to its existing insurer panel.
Ex Footman James boss to lead JLT’s MGA
Former Footman James boss Paul Matthews has been recruited as CEO of JLT-owned Thistle Insurance Services.
Plum doubles sales with focus on non-standard risks
Plum Underwriting has doubled its sales over the past year as a result of increasing numbers of people struggling to find appropriate home insurance.
Markerstudy releases capacity to new MGA
Markerstudy Group has confirmed it is providing £25m underwriting capacity to managing general agent Xpect.
Oliva management go it alone as Cooper Gay pulls capacity
Cooper Gay has pulled capacity from managing agency Oliva to focus its MGA strategy on international business.
MGAA unveils first elected board
The Managing General Agents Association (MGAA) has announced the members of its first elected board at its inaugural AGM.
Manchester appointments boost regional underwriting presence
Arista and Sterling have both made several appointments to their offices in Manchester.
Thistle appoints new CEO
James Twining has been appointed chief executive officer of JLT-owned managing general agent (MGA) Thistle Insurance.
MGA hires new underwriting director
Essex-based underwriting agency LFC Shield has appointed Jackie Burns as its new director of underwriting.
Insurance 360 Research: High Net Worth Personal Lines Insight Report 2011
Based on comprehensive input from 212 British Isles HNW P/L broking professionals, the High Net Worth Personal Lines Insight Report 2011 details the front-line service performance of the broker market's ten most-used HNW P/L insurers and MGAs.
Former Arista man heads up new Aspen venture
Aspen Risk Management has appointed former Arista regional manager, Paul Dooley to head up its new Manchester office.
Evolution agrees five year capacity deal with Allianz
Evolution Underwriting has announced the extension of its capacity arrangements with Allianz for a further five years covering property, casualty, excess of loss and motor lines.
How long till a hardening market?
Rumours of the impending hardening market may be premature
Whittington heads out from London
Lloyd’s-based managing general agent, Whittington Capital Management Syndicate 2525, has appointed Stephen Fitzgerald to develop business in the UK regions that is not currently accessed through the Lloyd’s broker channel.
Lloyd’s broker bought by US group
London-based broker and underwriting company Chesterfield Group has been bought by US-company H.W. Kaufman Financial Group.
S&P takes dim view of Canopius' capitalisation
Rating agency Standard & Poor’s (S&P) has described Canopius Group’s risk-based capital as being significantly below BBB.
Compass points to identity theft
Compass Underwriting has launched a new identity theft product in association with LawShield and Experian.
Ex-Jubilee chief returns to market
Andreas Loucaides has been appointed syndicate operations and development director at a Lloyd’s syndicate – A G Dore & Others (Syndicate 2526) – less than a month after his sudden departure from Jubilee.