Reinsurance News
Optio Group
Optio strengthens marine capabilities with Gardian Marine acquisition
31st March 2026
Optio Group, the independent specialty MGA, has reached an agreement to acquire Gardian Marine Limited for an undisclosed amount, pending regulatory approval. Gardian Marine, headquartered in London and founded by Guy Tyler and Edward Morgan, provides specialist cover across marine builders’ risks, ship repairers’ liability, voyage and towage, along with a ... Read the full article
Optio strengthens Scandinavian presence with AGS acquisition
2nd February 2026
Optio Group, a specialty managing general agent (MGA), has announced that it has acquired AGS Forsikring AS (AGS). Founded in 2008 by Lars-Petter Myklebost and headquartered in Oslo, AGS provides insurance solutions and claims handling across the energy, sport and fine art sectors. The MGA manages personal accident claims for Scandinavian ... Read the full article
Optio strengthens position in Italian MGA market with Heca acquisition
20th January 2026
Optio Group, a specialty managing general agent (MGA), has acquired the remaining 75% stake in Italian MGA Heca S.r.l (Heca); financial details were not disclosed. This transaction gives Optio full ownership of Heca, further strengthening its position in the Italian MGA market. The MGA’s initial investment in Heca was announced in ... Read the full article
Tokio Marine GX and Northcourt launch NC Fusion, Lloyd’s first insurance facility for nuclear fusion projects
29th October 2025
Tokio Marine GX (TMGX) and specialist MGA Northcourt, part of the Optio Group, have introduced NC Fusion, the first insurance facility within the Lloyd’s market designed specifically for nuclear fusion technology. The initiative establishes a clear insurance framework and capacity to support both the continued development and eventual commercialisation of fusion ... Read the full article
Optio Group names Harald Teige as Head of Coastal Marine at S Insurance AS
16th October 2025
Optio Group, a specialty MGA, has announced the appointment of Harald Teige as Head of Coastal Marine at S Insurance AS (S Insurance), an Optio company. Based in Oslo, Teige will report to Morten F. Basthus, Chief Underwriting Officer, and has taken up the position with immediate effect. Teige has more than ... Read the full article
Optio Group names Carrie-Ann Hallett as Head of Insurer Partnerships
20th August 2025
Optio Group, a specialty managing general agent (MGA) providing underwriting and distribution solutions across multiple lines of business, has announced the appointment of Carrie-Ann Hallett as Head of Insurer Partnerships, effective immediately, based in London and reporting to Chief Underwriting Officer, Gary Head. Hallett joins Optio from Deloitte, where she was ... Read the full article
Optio completes acquisition of Luxembourg-based MGA Circles Group
6th August 2025
Optio Group, a specialty managing general agent (MGA), has completed its acquisition of the Luxembourg-based MGA Circles Group (Circles). The transaction, initially announced in October 2024, reportedly marks Optio’s largest acquisition in Europe to date. Founded in 2001, Circles specialises in contingency and special risks insurance. With over €50 million in ... Read the full article
Optio Group acquires Norwegian MGA S Insurance
3rd March 2025
Optio Group (Optio), an independent specialty MGA, has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an undisclosed amount, subject to regulatory approval. The acquisition strengthens Optio’s strategy of building a diverse and specialised MGA platform across Europe. It follows previous expansions, including the acquisitions of Netherlands- and Brussels-based MGA Den ... Read the full article
Optio Group appoints Gary Head as Chief Underwriting Officer
11th February 2025
Optio Group, a specialty MGA, has appointed Gary Head as Chief Underwriting Officer, effective immediately. Head joins from AXA, where he led the Schemes & Delegated Authority, Financial Lines, and Specialty teams after joining in early 2020. Before that, he spent 22 years at Hiscox, holding various senior roles, including six years ... Read the full article
Optio acquires Italian MGA Heca
11th December 2024
Specialty MGA Optio Group has advanced its European expansion by completing a strategic investment in the Italian MGA Heca S.r.l., following regulatory approval. Founded in 2010 in Ortona, province of Chieti in Abruzzo, Heca has rapidly grown to become a leading MGA in Italy, Optio stated. Offering a diverse multi-product portfolio and ... Read the full article
Optio continues European expansion with completion of Den Hartigh acquisition
21st November 2024
Managing general agent (MGA) Optio Group has completed the acquisition of Netherlands and Brussels based MGA Den Hartigh Beheer & Exploitatie B.V., a specialist in B2B insurance solutions. Established in 1916, Den Hartigh offers a variety of property and casualty insurance products. This includes coverage for land-based equipment, marine assets, and high ... Read the full article
Optio appoints Davenport group CRO amid continued expansion
11th November 2024
Specialty managing general agent (MGA) Optio Group has announced the appointment of Insi Davenport to the newly created executive role of group chief risk officer (CRO), effective immediately. With more than 25 years of industry experience, Davenport’s expertise spans enterprise risk management, regulatory compliance, operational risk and M&A. Prior to joining Optio ... Read the full article
Optio Group expands leadership with appointment of Joanna Eilts as Head of Legal
31st October 2024
Specialty MGA Optio Group has appointed Joanna Eilts as Head of Legal, a newly established London-based role in which she will report to CFO Mark Mugge, effective immediately. This appointment adds to Optio's leadership team as it continues expanding internationally through strategic acquisitions. Eilts brings extensive experience across corporate and commercial matters, ... Read the full article
Marc Van der Veer named Optio Group MD, Europe
16th October 2024
Optio Group, a specialty managing general agent (MGA) has announced the appointment of Marc Van der Veer to the newly created role of managing director, Europe, effective immediately. In his newly assumed position, Van der Veer will be tasked with the responsibility of initiating and coordinating further acquisitions throughout Europe, aligning ... Read the full article
Optio Group continues European expansion with MGA Heca acquisition
9th October 2024
Optio Group, a specialty Managing General Agent (MGA), has acquired a strategic investment in Italian MGA Heca S.r.l. (Heca) for an undisclosed amount. This move aligns with Optio’s strategy to expand across Europe and reflects its confidence in Heca’s potential for future growth. Founded in 2010 in Ortona, Italy, Heca has quickly ... Read the full article
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