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.
MGA Clearwater UW secures majority investment from Aquiline
26th November 2025
Clearwater UW Limited, an expanding specialty managing general agent (MGA) based in London, has received a majority investment from Aquiline, a private investment firm. Aquiline’s backing is set to significantly accelerate Clearwater UW’s strategic ambitions, to pursue both organic and inorganic growth. The MGA aims to establish an institutionalised, technology-enabled platform with ... Read the full article
Superian expands into Asia & Middle East with specialty reinsurance MGA Podium
25th November 2025
Superian Insurance Group, a London headquartered independent insurance intermediary, has announced the launch of its Asia & Middle East focused specialty reinsurance managing general agent (MGA), Podium Underwriting. Podium will specialise in reinsurance across Terrorism, Property, Energy, Power Plants, Renewable Energy, Marine Cargo, Casualty, and Medical Malpractice with a key focus ... Read the full article
TFP’s Pine Walk launches Alternative Risk Transfer MGA Carnovis
25th November 2025
Pine Walk, the specialist MGA platform and wholly owned subsidiary of The Fidelis Partnership (TFP), has announced the launch of a new Alternative Risk Transfer managing general agent (MGA), Carnovis Specialty Limited. Based in London, the MGA will begin underwriting in December 2025 with a focus on providing structured re/insurance solutions ... Read the full article
MGA Augmented names Luke Overall as Head of Underwriting
18th November 2025
Augmented, a tech-powered managing general agent (MGA) launched in July 2025, has announced the appointment of Luke Overall as Head of Underwriting. In his new role, Overall will lead the underwriting team, working closely with brokers and carriers to build data-led portfolios that match capacity to risk. He will also leverage ... Read the full article
Volt Underwriting enters ports and terminals market with TMK-led consortium
17th November 2025
Volt Underwriting, a specialty Managing General Agent (MGA), has entered the Ports & Terminals insurance class under a binder led by Tokio Marine Kiln (TMK). The MGA will deploy an initial line of $15 million in capacity, focused on underwriting a global portfolio covering both Property and Liability exposures for ports ... Read the full article
Amiga Specialty secures multi-year, multi-product capacity with Accelerant Risk Exchange
14th November 2025
Amiga Specialty, a Managing General Agent (MGA) focused on specialty insurance lines, has announced that it has secured multi-year, multi-product capacity through the Accelerant Risk Exchange. This agreement will support Amiga’s portfolio across Commercial D&O, Professional Indemnity, Financial Institutions, and Transactional Risks. The news comes just six months after the company’s launch, ... Read the full article
‘Three-way dialogue’ key to claims success and broker confidence: DCL
13th November 2025
Open, ongoing dialogue between insurer, broker and policyholder is critical to success, according to the latest findings from the Direct Commercial Limited (DCL) Broker Barometer. Broker confidence is driving this long-standing three-way approach. According to the poll, 81% of brokers agree that strong three-way relationships between MGAs or insurers, brokers and ... Read the full article
Hadron continues global expansion with plans to enter EU market in 2026
10th November 2025
Hadron, a hybrid carrier that provides insurance capacity and fronting services to MGAs for specialty insurance coverage, has announced plans to enter the European Union (EU) in early 2026. This decision builds upon a year of substantial growth in both the US and UK, solidifying its standing as a reliable carrier ... Read the full article
Mission to launch eighth UK MGA, Lumara Insurance
10th November 2025
Mission, the global Managing General Agent (MGA) incubator, has reached an agreement to support a new team in launching a UK commercial combined MGA, Lumara Insurance, in the fourth quarter of 2025. The MGA, led by industry veterans David Aslin and Mark Greig, will specialise in Business Insurance and Motor Trade ... Read the full article
Nirvana and Pulse merge to create specialty MGA platform
7th November 2025
Managing General Agents (MGAs) Nirvana and Pulse have officially completed their planned merger, following regulatory approval from the Financial Conduct Authority (FCA). Financial terms were not disclosed. The newly combined entity established a significant specialty MGA platform with enhanced capabilities across five lines of business: Media, Technology & Cyber, Accident ... Read the full article
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
FASE launches to support Europe’s managing general agents
4th November 2025
The Fédération des Agences de Souscription Européennes (FASE) has been recently launched as a pan-European association representing managing general agents (MGAs). Its mission is to connect MGAs with insurance capacity providers, brokers, investors, and service providers, while sharing best practices and providing a unified voice for independent operators across the sector. FASE ... Read the full article
Majesco launches MGA Model Office for P&C CoreConnect
27th October 2025
Majesco, a provider of cloud-based insurance software, has announced the launch of a new managing general agent (MGA) Model Office for P&C CoreConnect. This new model office is described as an innovative, fully pre-configured MGA system that is production-ready, available on demand, and packed with third-party integrations and pre-built lines of ... Read the full article
Beat Capital Partners launches financial institutions MGA, led by Blair Bartlett
16th October 2025
Beat Capital Partners, an incubator of underwriting franchises and Ambac subsidiary, has partnered with Crum & Forster executive Blair Bartlett to launch 1889 Specialty Insurance Services, a financial institutions managing general agent (MGA). Based in London, 1889 Specialty will provide management liability and professional lines insurance to small and medium-sized enterprises ... 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
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