You searched for managing general agents - Page 6 of 25

Concirrus appoints O’Reilly to drive AI product innovation & business growth

16th May 2025

Concirrus, a provider of AI-centric insurance solutions, has announced the appointment of Steve O'Reilly as Product Manager. As part of his new responsibilities, O'Reilly will lead product initiatives designed to enhance the underwriting experience, streamlining operations, and accelerating speed to quote for carriers and managing general agents (MGAs) operating in complex, ... Read the full article

Industry welcomes FCA’s plan to simplify insurance rules

14th May 2025

The Financial Conduct Authority (FCA) has announced plans to remove outdated or duplicate requirements from its insurance rulebook, aiming to reduce costs and improve access for businesses and consumers who rely on insurance to manage risk, while still ensuring appropriate levels of protection. Matt Brewis, director of insurance at the FCA, ... Read the full article

Bay Harbor Re welcomes José Olivares as Sr. Treaty Underwriter

14th May 2025

Bay Harbor Re, a provider of reinsurance solutions for the US property and casualty market, has announced the appointment of José Olivares as Sr. Treaty Underwriter, effective June 30, 2025. Olivares brings 15 years of insurance and reinsurance experience to his new role, gained from positions at Everest Re, Swiss Re ... Read the full article

BHSI expands into UK Programes Business, appoints Rob Munden as Head

7th May 2025

Berkshire Hathaway Specialty Insurance (BHSI), a provider of commercial property, casualty, executive, and professional lines insurance, has announced its entry into the UK Programmes business with the appointment of Rob Munden as Head of Programmes, UK. In his new role, Munden will be responsible for building and overseeing BHSI’s Programmes business ... Read the full article

MGAA partners with Sicsic Advisory to provide regulatory support for Irish members

6th May 2025

Due to growing membership in the Republic of Ireland, the Managing General Agents’ Association (MGAA) has strategically partnered with Sicsic Advisory to provide them with dedicated regulatory and risk insight. As an existing UK Supplier Member, Sicsic Advisory—a strategic regulatory and risk consultancy—will now offer tailored support to Irish-domiciled MGAA members. Sicsic ... Read the full article

DIFC re/insurance GWP hit $3.5bn in 2024

30th April 2025

The Dubai International Financial Centre's (DIFC) re/insurance business increased by 35% as gross written premiums (GWP) hit $3.5 billion, generated by 125 insurance-related entities in 2024, compared to $2.6 billion in 2023. The Middle East insurance sector is thriving and well-positioned to continue expanding through heavy regional investment in mega tourism, ... Read the full article

Hadron to expand insurance capabilities in the US with GCNA’s acquisition

22nd April 2025

Hybrid insurer Hadron has announced it is to acquire The Guarantee Company of North America USA (GCNA), a Michigan-domiciled insurance company, from Atlantic Specialty Insurance Company, a subsidiary of Intact Financial Corporation. The acquisition, a major milestone for Hadron’s growth, is expected to close in the third quarter, subject to regulatory ... Read the full article

Specialty MGAs Nirvana and Pulse to merge

3rd April 2025

Specialty Managing General Agents (MGAs) Nirvana and Pulse have announced plans to merge. Pulse specialises in non-standard Accident, Health, and Life insurance, offering coverage to individuals often declined by mainstream insurers. Nirvana underwrites a global portfolio across Media Errors & Omissions (E&O), Tech E&O, Cyber, and Warranty & Indemnity insurance and is ... Read the full article

AM Best assigns stable ratings to Fortegra Belgium Insurance Company

25th March 2025

AM Best, the credit rating agency, has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to Fortegra Belgium Insurance Company NV (FBIC), based in Belgium. The outlook for both ratings is stable, reflecting FBIC's strong balance sheet, as assessed by AM Best, ... Read the full article

Specialty Risk Re completes $50m institutional funding round

20th February 2025

Specialty Risk Re (SRR), a collateral reinsurance company, has successfully closed its $50 million institutional funding round, led by private equity firm NMS Capital Group. SRR will use the funds to address the growing shortage of reinsurance capacity, offering program carriers and managing general agents (MGAs) a “reliable and well-capitalised partner” ... Read the full article

Berkley Re launches new Turnkey Solutions Division to drive progress in reinsurance

18th February 2025

Berkley Re, a provider of reinsurance solutions, has announced the launch of its new division, Berkley Re Turnkey Solutions, designed to deliver reinsured turnkey solutions for carriers, Managing General Agents (MGAs), Program Administrators (PAs), and InsurTech companies. This division will focus on expanding Berkley Re's reinsurance portfolio through scalable, easy-to-implement solutions, ... Read the full article

MGAA and ABI sign agreement to boost insurance sector

13th February 2025

The Managing General Agents’ Association (MGAA) and the Association of British Insurers (ABI) have signed a Memorandum of Understanding (MoU) designed to strengthen collaboration and drive progress within the insurance sector. The agreement signifies a shared commitment to mutual understanding, enhanced cooperation, and joint efforts in addressing key industry challenges. The MoU ... Read the full article

MGAA plans to enhance advocacy and support for MGA sector in 2025

11th February 2025

The Managing General Agents’ Association (MGAA) has announced its strategic vision and mission for 2025, aiming to strengthen its role as an advocate for the MGA sector while enhancing knowledge-sharing, networking, education, and data-driven insights. With more than 430 members, the MGAA’s full members collectively represent over £15.1 billion in underwriting ... Read the full article

Jack Harding named Next Gen Committee Chair of the MGAA

30th January 2025

The Managing General Agents’ Association (MGAA) has announced the appointment of its new Next Gen Committee Chair: Jack Harding, Senior Underwriter at Miramar Underwriting Limited. Harding is succeeding Kajal Pankhania, Director at MGA incubator DA Strategy, and will be in charge of leading the Committee in its mission to engage, represent, ... Read the full article

IQUW promotes Groehe and Connell to lead Portfolio Solutions

23rd January 2025

Elisabeth Groehe and George Connell have been promoted to lead IQUW’s Portfolio Solutions offering. They will both be reporting to Chris Wilkinson, IQUW’s Head of Specialty. Launched as a pilot program in 2024, IQUW Portfolio Solutions will expand under Groehe and Connell's leadership to include both Specialist Risks and Structured Solutions. This strategic ... Read the full article