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Brokers urge MGAs to offer more flexible renewals, Prestige Underwriting survey finds

5th November 2025

Prestige Underwriting, a specialist provider in non-standard insurance solutions, has released its latest broker survey, revealing strong growth expectations for the sector alongside a clear call to action for managing general agents (MGAs) and insurers. Brokers are urging the market to provide greater support and meaningful options at renewal to help ... Read the full article

US P&C market sees wave of growth in reciprocal insurance exchanges: ALIRT

31st October 2025

Reciprocal insurance exchanges (RIEs) in the U.S. have seen a wave of growth as new entrants emerge to address capacity shortages in property markets, particularly across the southern coastal states, according to ALIRT Insurance Research. ALIRT’s latest industry analysis, “Overview of Reciprocal Insurance Exchanges and Recent Market Trends,” found that 36 ... Read the full article

Fortegra Insurance UK added to NAIC Quarterly Listing of Alien Insurers

30th October 2025

Fortegra Insurance UK Limited, part of the Fortegra Group, a specialty insurer, has been officially added to the National Association of Insurance Commissioners (NAIC) Quarterly Listing of Alien Insurers, published in the NAIC’s October Edition 249. This recognition establishes a new platform that enables Fortegra’s agents and brokers in the United ... Read the full article

US composite insurance rate declines 1%: Marsh

27th October 2025

The US composite rate has declined by 1% in the third quarter of 2025 after remaining flat in the prior quarter, according to Marsh’s Global Insurance Market Index. This overall drop was largely driven by US property insurance rates, which declined by 9%, the same as in the prior quarter. Several factors ... Read the full article

Allianz Commercial announces new Board structure to drive global growth

27th October 2025

Allianz Commercial, part of global insurer Allianz, has announced a new Board structure and appointments aimed at accelerating growth in its target markets and further strengthening market-facing activities for clients and brokers, effective 1st January 2026. Jeremy Sharpe, currently Global Head of Distribution at Allianz Commercial, joins the Board of Allianz ... Read the full article

Bishop Street introduces MGA incubator and expands leadership team

21st October 2025

Bishop Street Underwriters, a RedBird Capital Partners portfolio company, has introduced Bishop Street Program Managers, an incubator designed to support the growth of managing general agents. Operating within the Bishop Street platform, the initiative will work with underwriters to develop new specialty MGAs and respond to emerging opportunities in the insurance ... Read the full article

Brokers urge industry collaboration to close non-standard insurance protection gap

15th October 2025

With surging demand for non-standard insurance, brokers are urging industry collaboration, warning that the gap in coverage is widening, according to a recent survey by Prestige Underwriting. The survey found that 79% of brokers have reported an increase in non-standard insurance enquiries over the past year, which indicated a growing number ... Read the full article

Bridgehaven becomes ABI member

26th September 2025

Bridgehaven Specialty UK Limited, a hybrid insurer in commercial and specialty lines, has joined the Association of British Insurers (ABI). Bridgehaven is an independent UK hybrid-fronting insurer that empowers managing general agents (MGAs) with long-term capacity while helping reinsurers achieve greater diversification. Representing more than 300 firms, the ABI works with UK ... Read the full article

Aon launches Specialist Claims Solutions to help insurers tackle persistent challenges

17th September 2025

Aon, a global insurance and reinsurance broking group, has announced the launch of Specialist Claims Solutions, a new offering created to help insurers drive profitability in an increasingly complex claims landscape. Insurers are currently facing significant pressure to improve financial performance within their claims departments. Many are struggling with limited resources, challenges ... Read the full article

Fitch reports seventh year of double-digit growth for US E&S insurance in 2024

15th September 2025

Fitch Ratings, a credit rating agency and provider of financial research, reported that the US excess and surplus (E&S) insurance market continued its remarkable growth streak in 2024, with direct written premiums rising 11 percent. Although this was below the 15 percent expansion recorded in 2023, Fitch emphasised that the sector ... Read the full article

IDEX Consulting launches M&A advisory service for brokers and MGAs

15th September 2025

IDEX Consulting has announced the launch of its new M&A advisory service specifically designed for insurance brokers and managing general agents (MGAs), aiming to address a critical gap in the underserved mergers and acquisitions (M&A) insurance sector. The solution’s innovative approach introduces a thoughtful, long-term methodology that has been designed to ... Read the full article

Diversified reinsurers better positioned to weather softening market, says Berenberg

9th September 2025

At the Monte Carlo Rendez-Vous de Septembre on 8 September, Berenberg, the German investment bank and equity research firm, reported that large, diversified reinsurers are in a stronger position to navigate the current softening market than their less diversified peers. According to Berenberg, firms with exposure across multiple lines, including life ... Read the full article

Xceedance calls for data-led innovation in reinsurance

9th September 2025

In a recent interview with Reinsurance News, Isabelle Clausner, Vice President and Client Executive, and Gavin Lillywhite, SVP Operating Leader UKI & Europe at Xceedance, shared their perspectives on some of the most pressing issues facing the insurance and reinsurance sectors. The two executives discussed the need for greater product development, ... Read the full article

Lockton Re outlines strategies to drive cyber insurance growth through 2030

8th September 2025

Lockton Re, the reinsurance arm of the privately held independent insurance broker, has released a major report titled Cyber Insurance 2030: Charting a Course for Growth. The report examines the opportunities and challenges facing the cyber insurance market over the next decade, highlighting the innovations in product design, capital allocation, and ... Read the full article

S&P reports MGA growth creates both opportunities and threats for reinsurers

4th September 2025

Reinsurers’ growing reliance on managing general agents (MGAs) represents both opportunity and risk, S&P Global Ratings, a provider of credit ratings and financial analysis, stated ahead of RVS 2025 in Monte Carlo. According to S&P, MGAs enable reinsurers to access specialist risks and distribution channels, but they also create vulnerabilities that ... Read the full article

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