Reinsurance News
MGA
MGA’s, or managing general agents, are important participants in the insurance and reinsurance market landscape.
An MGA, or Managing General Agent, is often thought of as a specialist type of insurance intermediary, acting as an agent of an insurer, but having broader authority than a typical agent or broker. MGA’s undertake functions including underwriting, binding coverage, and even claims management, on behalf of an insurer or reinsurance capital provider. They tend to bridge the gap between insurers and specialised markets, often focusing on niche or complex lines of insurance and reinsurance underwriting business.
Read all our MGA focused insurance and reinsurance news below.
ANV Group launches LaunchPad incubator for specialist MGAs
20th May 2026
ANV Group Holdings Ltd., an independent global insurance intermediary platform, has introduced ANV LaunchPad, a new incubator platform aimed at helping experienced underwriting teams establish and expand specialist MGA businesses. The company said ANV LaunchPad has been designed to provide comprehensive support throughout the process of launching a new MGA. According to ... Read the full article
AM Best survey finds rapid AI uptake in insurance sector despite structural barriers
12th May 2026
AM Best, a global credit rating agency specialising in the insurance sector, has surveyed carriers and managing general agents (MGAs) to evaluate the growing influence of artificial intelligence (AI) across the industry. The results indicate that almost 60% of respondents anticipate AI will materially reshape their business models within the next ... Read the full article
Antares Global introduces Scorpius MGA to strengthen specialist distribution strategy
11th May 2026
Antares Global, the international insurance and reinsurance group, has announced the launch of Scorpius MGA, a new platform created to support managing general agent (MGA) business through a combination of underwriting capacity, operational support and governance services. The business will be led by chief executive Ian Morris and has been introduced ... Read the full article
Aventum makes first MGA acquisition with purchase of Marine specialist Post & Co
6th May 2026
In a move to build the world's leading independent specialty managing general agent (MGA) platform, specialty re/insurance group Aventum has completed its first MGA acquisition with the purchase of Marine specialist Post & Co. This transaction is a defining step in Aventum’s international growth strategy, immediately establishing a new growth platform ... Read the full article
ALIRT reports maturing conditions in US fronting insurance market
5th May 2026
ALIRT Insurance Research, an independent provider of analytical research on the insurance sector, has reported that the United States fronting insurance market is transitioning into a more mature and disciplined stage, with the observation forming part of its Fronting Insurers Update – April 2026. The US fronting model—where insurers issue policies ... Read the full article
Active Re COO highlights MGA opportunity in Barbados
24th April 2026
Barbados is emerging as a great opportunity for the development of managing general agents (MGA), mainly due to its specialised regulatory framework and efficient business climate, according to Active Re's COO Robert Ali. Speaking at the Barbados Risk & Insurance Management Conference (BRIM), Ali noted that the island’s risk-based capital framework, ... Read the full article
TFP’s Pine Walk launches new Capital Solutions business
9th April 2026
Pine Walk, the specialist MGA platform of The Fidelis Partnership (TFP), has announced the launch of a new Capital Solutions business called Mezura Capital Partners, which will be headquartered in Bermuda. Mezura Capital, led by Shireen Gammoh as CEO, has been established to offer strategic capital solutions and forge partnerships with ... Read the full article
Euna expands professional indemnity offering into London Market
8th April 2026
Euna, a specialist managing general agent (MGA), has announced the expansion of its professional indemnity offering to the London Market. The move marks a significant step in the company’s growth, aimed at scaling its operations and providing bespoke solutions for increasingly complex professional risks. With over a decade of trading experience, Euna ... Read the full article
Pen Underwriting agrees long-term partnership to support non-standard property business
8th April 2026
Pen Underwriting, a multi-class and multi-territory managing general agent (MGA), has entered into a multi-year strategic arrangement to support its non-standard household insurance portfolio across the UK, Channel Islands, and Isle of Man. From 1 April 2026, a new insurer consortium led by Zurich and Hiscox will provide capacity for Pen’s ... Read the full article
Bridgehaven enters European MGA market with Arrow Risk Management partnership
8th April 2026
Bridgehaven Europe Specialty DAC, a European insurer focused on commercial and specialty risks, has entered into its first Managing General Agent (MGA) capacity agreement in Europe with Arrow Risk Management GMBH (Arrow). This agreement comes after Bridgehaven’s 2025 acquisition of Dublin-based SureStone, and represents an early move in the company’s broader ... Read the full article
Simon Global Insurance Group establishes Lloyd’s Coverholder MGA, Specialty X Global
30th March 2026
Newly established managing general agent (MGA), SXG Underwriting Limited (Specialty X Global), has been launched by Simon Global Insurance Group, while being approved as a Lloyd's coverholder. Specialty X Global is based in Hong Kong, and as an approved Lloyd's coverholder, has the authority to underwrite specialty risks on behalf of ... Read the full article
Amiga Specialty partners with AXA XL to bolster Financial Institutions offering
24th March 2026
Amiga Specialty, a specialist managing general agent (MGA), has secured a significant capacity agreement with AXA XL, which will bolster its Financial Institutions (FI) proposition and accelerate its growth across international markets. The deal focuses on providing coverage for core FI risks, including directors and officers (D&O) liability, professional liability, and ... Read the full article
Chaucer and Ceto partner to launch new marine MGA
24th March 2026
Global specialty re/insurance group Chaucer, and Ceto AI, a technology company specialising in predictive analytics for the maritime industry, have launched a new marine managing general agent (MGA), operating as a Lloyd’s coverholder. Under the agreement, Ceto is authorised to bind marine hull on behalf of Chaucer’s Lloyd’s syndicate, with additional ... Read the full article
Amiga Specialty launches in Hong Kong
17th March 2026
Amiga Specialty, an independent international Managing General Agent (MGA), has commenced trading in Hong Kong after successfully securing a licence from the Hong Kong Insurance Authority. Under the leadership of Ralph Sherbahn, Managing Director of Financial Lines (APAC), the Hong Kong hub will serve as the foundation for Amiga’s regional ambitions, ... Read the full article
MGA market share gains accelerate to ~7% in 2025: BMO Capital Markets
16th March 2026
The MGA space accelerated its P&C market share in 2025 to approximately 7%, with the overall MGA market growing 19% to ~$94 billion—a modest deceleration from the 21% growth reported in 2024, according to analysts at BMO Capital Markets. Analysts noted that the deceleration was more pronounced when excluding crop insurance, ... Read the full article
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