Reinsurance News

Nebula MGA gains Lloyd’s coverholder status

10th July 2026 - Author: Kassandra Jimenez-Sanchez -

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Nebula MGA, a managing general agent headquartered in Miami, has been officially designated as a Lloyd’s Coverholder.

This important milestone highlights the MGA’s ongoing expansion, operational capabilities, underwriting discipline, and commitment to delivering innovative, specialised insurance solutions on a global scale.

Since its establishment in 2021, by Raúl Pérez and Alejandro Rebolledo, Nebula MGA has rapidly evolved into a dynamic international insurance platform, with a global presence throughout North America, Latin America, Europe, Africa, and the Middle East.

The company has thanked Markel International Reinsurance Company Ltd., particularly Markel’s International Casualty team, led by Lauren Percival and James Murray, for their invaluable support and sponsorship throughout the Lloyd’s Coverholder approval process.

“Their guidance and partnership were instrumental in supporting Nebula’s Casualty underwriting capabilities and in helping the company achieve this important Lloyd’s milestone,” Nebula stated.

Over the past five years, Nebula MGA has significantly expanded its underwriting capabilities and product offering, building a diversified portfolio of specialty insurance solutions, backed by leading global capacity providers.

Its current product capabilities include:

  • Casualty – supported by Lloyd’s Syndicate 3000 Markel, with capacity of up to USD 15 million;
  • Political Violence – backed by Markel International Insurance Company capacity, offering up to USD 30 million;
  • Cargo and Stock Throughput – supported by Arch Insurance (UK) Limited and Tokio Marine HCC International, with capacity of up to USD 10 million;
  • Financial Lines – backed by Genesis Global RE Limited, with capacity of up to USD 5 million;
  • Surety Bonds – supported by Mandarin Re and offering capacity of up to USD 5 million.

With its official designation as a Lloyd’s Coverholder, Nebula can now directly access underwriting capacity from Lloyd’s granting the company greater agility to scale into additional specialty lines and enter new markets.

Additionally, its new status also significantly enhances the MGA’s ability to serve clients, brokers, MGAs, and partners with greater efficiency, flexibility, and tailored solutions worldwide.

“This achievement represents a pivotal milestone in Nebula MGA’s growth journey,” said the company’s leadership. “Becoming a Lloyd’s Coverholder strengthens our ability to connect clients, brokers, MGAs, and strategic partners with one of the world’s most respected insurance markets, while continuing to expand our global capabilities and deliver specialized, value-driven solutions.”