Reinsurance News

Your search for “managing general agents”

Mission strengthens UK and Europe team with four senior appointments

9th March 2026

Mission, a MGA incubator, has announced four senior appointments as part of efforts to strengthen its UK and European operations and support its ongoing growth strategy. The company has appointed Abz Shipon and James Gallagher as Account Directors, Courtenay Davison as Head of Technology Delivery, and Rayhanah Russell as Programme Manager. Mission ... Read the full article

Willis Re hires Credit, Surety and Political Risk expert James Loggie

4th March 2026

Willis Re, a reinsurance advisory and broking joint venture between Bain Capital (BCIS) and WTW, has announced that James Loggie will join the firm once he's completed his obligations to his previous employer. Loggie has over 25 years of experience in credit, surety and political risk, having worked extensively with major ... Read the full article

Gen AI could unlock $50-$70bn in insurance revenue, estimates McKinsey & Company

27th February 2026

McKinsey & Company, a management consulting firm, argues that artificial intelligence (AI) represents one of the most significant opportunities for value creation within the insurance industry. In its analysis, McKinsey & Company maintains that the sector’s structural characteristics, including fragmented workflows and extensive repositories of structured and unstructured data, position it ... Read the full article

Bishop Street Underwriters gets $125m funding from White Mountains

27th February 2026

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has received a strategic structured capital investment of $125 million by White Mountains Insurance Group, Ltd. Recently, in its 2025 result announcement, Bishop Street disclosed that it surpassed $650 million in gross written premium while having a sub-50% portfolio loss ratio. Earlier this ... Read the full article

Bishop Street extends Kalepa partnership to support its London-based MGAs

25th February 2026

Bishop Street Underwriters has expanded its partnership with Kalepa, a specialist in AI-powered underwriting solutions, to support its London-based managing general agents (MGAs), Avid Insurance Services and Landmark Underwriting. Both companies initially partnered in 2024 with the aim of enhancing the insurance platform’s underwriting quality and execution across its MGA operations. Building ... Read the full article

Liberty Mutual and Floodbase launch instant parametric flood quoting tool for US market

24th February 2026

Liberty Mutual, a US insurance provider, and Floodbase, a platform specialising in flood risk solutions, have launched an instant quoting application for parametric flood reinsurance in the United States. The tool enables wholesale and retail brokers to price parametric flood cover within minutes, simplifying a process that has traditionally been complex ... Read the full article

Reinsurance brokers have to be more multifaceted, says Howden Re’s Flandro

23rd February 2026

In a cycle marked by intense competition and abundant capacity, a “multifaceted” approach is needed from re/insurance brokers in order to meet the needs of modern global buyers, David Flandro, Managing Director, Howden Re’s Head of Industry Analysis and Strategic Advisory, argued in a recent video interview ... Read the full article

Nick Lamparelli appointed Chief Programme Officer at Algorithmic Insurance Services

19th February 2026

Algorithmic Insurance Services, Inc., trading as LIRG, a specialist re/insurance platform focused on building, incubating and scaling managing general underwriters (MGUs) and managing general agents (MGAs) has appointed Nick Lamparelli as its new Chief Programme Officer. In this capacity, Lamparelli will lead the development and expansion of both LIRG-sponsored and third-party ... Read the full article

Fuse introduces Radar: AI-driven market intelligence for insurance professionals

18th February 2026

Fuse International, Inc., a company specialising in data-driven solutions for the insurance sector, has launched Radar, an artificial intelligence-powered market intelligence platform aimed at enhancing decision-making for commercial and speciality insurance professionals. Fuse International, Inc. developed Radar to give brokers insight into which carriers are currently seeking particular risks, while enabling ... Read the full article

Pinion Insurance launches with up to $180m backing from Barings

18th February 2026

Pinion Insurance, a newly formed specialty insurance carrier incorporated in Bermuda and headquartered in London, has officially launched with a preferred equity commitment of up to $180 million from global asset manager, Barings. The new insurer is built on the foundations of Pinion Risk Consulting (PRC), an established data and analytics ... Read the full article

Concirrus launches AI-native underwriting platform

16th February 2026

Concirrus, a specialist insurtech company, has officially launched Concirrus Inspire, an AI-native underwriting platform aimed at helping specialty insurers and managing general agents accelerate their processes while retaining control over underwriting appetite, exposure, and portfolio outcomes. Covering the entire underwriting lifecycle, from submission through binding and beyond, Inspire enables underwriters to ... Read the full article

DUAL and SCOR team up to expand corporate insurance capacity in Brazil

13th February 2026

DUAL, one of the world’s largest Managing General Agents (MGAs) and part of Howden, has partnered with global reinsurer SCOR to bring enhanced capacity to the Brazilian corporate insurance market. Under the agreement, DUAL Brazil and SCOR will reportedly offer capacity across Property, Casualty, Professional Indemnity (PI) and Directors & Officers ... Read the full article

PoloWorks expands use of DXC Technology’s Assure Commercial & Specialty

11th February 2026

PoloWorks, a Lloyd’s and London Market insurance services business, has expanded the use of DXC Technology’s Assure Commercial & Specialty following the onboarding of three new Lloyd's syndicates. DXC Technology, the global technology services provider, created Assure Commercial & Specialty as part of its Assure class offerings, providing a cloud-native, API ... Read the full article

India will inevitably require deeper & more sophisticated reinsurance support

4th February 2026

During a discussion at the third edition of the Global Reinsurance Summit 2026, industry leaders said that India's low insurance penetration, expanding infrastructure, growing catastrophe exposure, and rising demand for new solutions such as surety bonds, parametric covers, cyber and specialty risks, will inevitably require deeper and more sophisticated reinsurance ... Read the full article

Vertafore to save hours during program submissions with Surefyre’s expanded AI capabilities

28th January 2026

Vertafore, an insurance technology provider, has introduced new artificial intelligence capabilities in Surefyre, that allow program administrators to automatically convert PDF submission forms into web applications. Acquired by Vertafore in 2024, Surefyre is a low-code agent portal and underwriting workbench platform built to empower managing general agents (MGAs) and wholesalers. Vertafore’s ... Read the full article