Reinsurance News

MGU

PointBridge and Aspen launch admitted physicians professional liability program

22nd December 2025

PointBridge, a managing general underwriter (MGU) specialising in professional liability insurance, has partnered with re/insurer Aspen to launch a new admitted physicians medical malpractice program. The new professional liability program for physicians and surgeons, offering modern and competitively priced coverage, is scheduled to launch on January 1, 2026, across the United ... Read the full article

Ryan Specialty Underwriting Managers launches public entity MGU

3rd December 2025

Ryan Specialty Underwriting Managers (RSUM), the underwriting management division of Ryan Specialty, has announced the launch of Ryan Specialty Public Entity, a managing general underwriter (MGU) focused on the public sector. Led by Chris Connacher as its President, the MGU will cover casualty and auto physical damage solutions to publicly owned, ... Read the full article

Acies MGU launches Lloyd’s-backed underwriting agency, Subscribe MGA

3rd November 2025

Acies MGU, a technology and data-driven Managing General Underwriter (MGU), has announced the launch of Subscribe MGA (Subscribe), its latest underwriting agency. Subscribe is a Lloyd’s-backed MGA specialising in financial lines insurance, including Professional Indemnity, Management Liability, and Directors and Officers (D&O) coverage. It will serve both UK and international markets, ... Read the full article

Rokstone CRU launches comprehensive general liability program

3rd November 2025

Rokstone Construction Risk Underwriters (CRU), a US-based Speciality MGU and part of the global specialty reinsurance MGA Rokstone, has announced the launch of a new, comprehensive general liability (GL) program. The new GL program launches with A-rated capacity provided by Builders Specialty Insurance Company. With this new launch, Rokstone CRU has become ... Read the full article

Ryan Specialty to acquire Canadian MGU Stewart Specialty Risk Underwriting

31st October 2025

International specialty insurance firm, Ryan Specialty, has signed a definitive agreement to acquire Stewart Specialty Risk Underwriting Ltd. (SSRU), a Toronto-based managing general underwriter (MGU) specialising in underwriting large-account, high-hazard property and casualty solutions. According to the announcement, SSRU will become a part of the Ryan Specialty Underwriting Managers (RSUM) division ... Read the full article

Ryan Specialty launches MGU Clach Casualty led by Adam Schnell

25th September 2025

Ryan Specialty, an international specialty insurance firm, has launched Clach Casualty Underwriting Managers (Clach Casualty), a new managing general underwriter (MGU) focused on providing casualty insurance solutions for complex construction and habitational real estate risks. Clach Casualty began operations in September 2025, with its business exclusively distributed through U.S. wholesale brokers. ... Read the full article

MISSION-supported Laplace rolls out tailored insurance solutions for high-complexity corporate risks

9th September 2025

Laplace Alternative Risk Transfer Solutions, a newly established managing general underwriter (MGU) focused on alternative risk transfer (ART), has officially launched its structured insurance programmes for large corporate clients with complex or hard-to-place risks. Named after French mathematician Pierre-Simon Laplace, whose contributions laid the foundation for modern risk modelling, the company ... Read the full article

Rokstone Agriculture launches equine mortality product line with new capacity

20th August 2025

Rokstone Agriculture, a MGU specialising in agriculture and livestock, part of re/insurance MGA Rokstone, has secured new capacity to launch a new equine mortality product line for the US market across 19 states. The new product has USD 1,000,000 in admitted capacity came from Professional Solutions Insurance Company (PSIC). This move is ... Read the full article

SageSure & Anchor Re secure $50m with debut reinsurance sidecar Seawall Re

29th July 2025

SageSure, one of the largest managing general underwriters (MGU) specialising in catastrophe-exposed markets, and Anchor Re, a captive reinsurance vehicle, have successfully secured $50 million of third-party capital with a debut reinsurance sidecar transaction with Seawall Re. This inagural sidecar transaction with Seawall Re, a newly formed Bermuda-based special purpose insurer ... Read the full article

Global MGA/MGU sector surges to $29.25bn in 2024, Insuramore reports

10th July 2025

Insuramore, a provider of market intelligence for the insurance industry, has released its latest findings on the size and structure of the global managing general agent (MGA), managing general underwriter (MGU), and coverholder market. According to Insuramore’s research, total worldwide revenues earned by these groups reached an estimated USD 29.25 billion ... Read the full article

Novel launches with Bredahl as CEO, Bonneau as Chairman

28th May 2025

Novel Financial Holdings, a new independent holding company that will oversee insurance carriers supporting managing general underwriters (MGUs), has launched with former PartnerRe CEO Jacques Bonneau as Chairman and Howden Re’s Rob Bredahl as CEO. The executive team also includes Chris Coleman as Chief Financial Officer and David Drury as Head ... 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

Ryan Specialty acquires Irish MGU 360° Underwriting

21st May 2025

Ryan Specialty, an international specialty insurance firm, has acquired 360° Underwriting, a managing general underwriter (MGU) specialising in commercial construction. 360, founded in 2027 and based in Dublin and Galway, Ireland, will become a part of the Ryan Specialty Underwriting Managers division of Ryan Specialty. Since its inception, the MGU has developed ... Read the full article

YOU RE launches as full-service reinsurance MGU for US niche & casualty risks

11th February 2025

YOU Re has launched as a full-service managing general underwriter (MGU) specializing in Casualty, non-catastrophe Property, Professional Liability, and Cyber lines in the US. The MGU, founded by Yury Braun, will leverage deep industry expertise and advanced technology to provide capacity to underserved market segments, aiming to optimise risk assessment and ... Read the full article

Rokstone appoints Howden’s Winsley as Capacity Manager & Broker Relationship Director

10th February 2025

Rokstone, an international specialty re/insurance MGA and part of the Aventum Group, has announced the appointment of Rob Winsley as Capacity Manager and Broker Relationship Director. In his new role, he will be responsible for overseeing distribution across all lines of business, identifying new growth opportunities, expanding into new areas, and ... Read the full article