Reinsurance News
managing general agent
The Fidelis Partnership announces new MGA, Imala Re, launches Miami office
25th September 2025
Pine Walk, a specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of its newest MGA, Imala Re. TFP is also opening its first North American office in Miami on October 1st. This new US location will also serve as the ... Read the full article
The Fidelis Partnership’s Pine Walk launches Arenite Specialty
16th September 2025
Pine Walk Capital Limited, the specialist managing general agent (MGA) platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has launched a surety and credit risk insurance-focused MGA, Arenite Specialty. Arenite will initially write coverage focused on Australia, Asia Pacific and Latin America, and will be led by Teji Gobran ... 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
MGA sector delivers strong growth and industry impact in 2025: MGAA
21st August 2025
The Managing General Agents’ Association (MGAA) has released its 2025 Annual Report, highlighting “a year of strong growth, innovation, and industry-wide impact across the MGA sector.” The report, which covers the period from August 2024 to July 2025, underscores the MGAA’s role as the voice for delegated underwriting in the UK ... Read the full article
MGA Elevate Specialty launches to revolutionise embedded & specialty insurance
18th August 2025
Elevate Specialty, a new managing general agent (MGA), has officially launched, entering the UK market with a mission to transform embedded and specialty insurance. The company aims to help make protection a seamless part of customers’ lives, moving away from outdated legacy models that “often deliver poor customer experiences and stifle ... Read the full article
Applied Underwriters launches Innovation Risk MGA platform
28th July 2025
Applied Underwriters, a provider of insurance solutions, has announced the launch of Innovation Risk, a new managing general agent (MGA) platform focused on casualty, accident, and life underwriting operations. This new independently operated MGA platform proprietary will leverage technologies and advance risk measurement methods. It is also expected to attract top ... Read the full article
Pinpoint UK a long-term play for AM Specialty Insurance Company: Barder and Powell
24th July 2025
For the latest Reinsurance News video interview, we spoke with Shevawn Barder, Founder and CEO of AM Specialty Insurance Company (ASIC) and Darren Powell, CUO of Pinpoint UK, to hear their plans for the new MGA and how progress has been so far as the E&S carrier ... Read the full article
U.S. MGA premiums grow 16% in ‘24 driven by migrating talent, AI adoption & other factors: Conning
11th July 2025
The U.S. Managing General Agent (MGA) growth once again outpaced the broader property-casualty market, with direct premiums written rising 16% year-over-year to an estimated $114.1 billion, a recent Conning study has revealed. Conning's latest strategic study, "Managing General Agents: Built for What's Next," highlights several market dynamics that have benefited the ... Read the full article
Augmented launches to advance digital underwriting in London market using AI
10th July 2025
Augmented UW Ltd., a new managing general agent (MGA), has launched with the goal of streamlining underwriting processes in the London insurance market using artificial intelligence and digital tools. Founded by Daniel Prince—former CEO of Rethink Underwriting, Augmented is focused on the growing smart-follow underwriting model. This approach allows follow capacity ... Read the full article
European MGA market growth is outpacing US and global benchmarks: Howden Re
11th June 2025
In a new report, Howden Re reveals that the European Managing General Agent (MGA) ecosystem is growing at a five-year compound annual growth rate (CAGR) of approximately 23%, outpacing both US and global benchmarks. There are over 650 MGAs across Europe with approximately €18 billion in gross written premiums in 2024 ... Read the full article
MGAs’ premiums increased 15% to $89.9bn in 2024: AM Best
5th June 2025
Premiums generated through managing general agents (MGAs) and other delegated underwriting authority enterprises (DUAEs) reached $89.9 billion in 2024, a 15% year-over-year increase and the fourth consecutive year of double-digit growth, according to a recent AM Best report. The report noted that the number of MGAs producing $500 million or more ... Read the full article
Arden surpasses $300m of in-force premium
30th May 2025
Arden Insurance Services, a tech-enabled managing general agency (MGA), has surpassed $300 million of in-force premium since its founding in June 2016. This major milestone means Arden now insures over $175 billion of total insured value. The MGA attributes its rapid growth to a distinctive strategy that combines dynamic risk selection, proprietary ... Read the full article
Sproutr secures Altai Ventures-led seed funding to fuel growth
21st May 2025
Sproutr, a boutique insurance product design and build firm, has raised an undisclosed amount in seed funding that will be used to accelerate the execution of its technology roadmap and scale its growing team. The seed round was led by Altai Ventures, a venture capital firm that concentrates on the fintech ... Read the full article
The Clear Group MGA Division rebrands to Shape Underwriting
8th May 2025
The Clear Group MGA Division has unveiled its rebranding, stating that starting from 1st May 2025, both Profile Underwriting and One Commercial Specialty will trade as Shape Underwriting. This strategic decision marks the first stage of Clear’s plan to consolidate its MGA operations under a single brand. With this move the ... Read the full article
Amwins launches Public Entity Excess Casualty Program
17th March 2025
Amwins Specialty Casualty Solutions (ASCS), a managing general agency (MGA) and specialty insurance program creator, has expanded its offerings with the launch of the Public Entity Excess Casualty Program. This program was designed to deliver innovative insurance solutions, combined with deep expertise and flexible coverage to meet the unique demands of ... Read the full article
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