Ryan Specialty, the Chicago-based international specialty insurance firm, announced it has completed the acquisition of Castel Underwriting Agencies from Arch Financial Holdings (UK) Ltd. and minority shareholders. Headquartered in London, Castel is a managing general underwriting (MGU) platform with additional …
Ryan Specialty, the Chicago-based specialty insurance firm, announced it has signed a definitive agreement to acquire Castel Underwriting Agencies Ltd. from Arch Financial Holdings (UK) Ltd. and minority shareholders. Terms of the transaction were not disclosed. Founded in 2014, Castel …
Pro MGA Global Solutions, the independent managing general agent (MGA) incubator, announced its incubation partnership with specialty MGA Nirvana. Nirvana is led by CEO Kabir Chanrai and Executive Chairman Rob Jones, along with Thomas Mannsdorfer, head of Europe, and Glenn …
Nirvana, a London-based managing general agent, has launched in London after acquiring leading media, tech and cyber underwriter, Nirvana Risk Partners, from the MGA formation platform Castel Underwriting Agencies in a management buyout. Nirvana, which is backed by a number …
Castel Underwriting Agencies Ltd. has launched a new underwriting cell, North American Professional Liability (NAPL), to focus on professional service firms’ business in the U.S. The cell is writing both primary and excess layer coverage for larger risk managed clients …
Lockton Names WTW’s Danyluk as Head Int’l Property in Wholesale P/C Lockton, the world’s largest privately owned independent insurance broker, has appointed Andrzej Danyluk as head of International Property within the Wholesale Property & Casualty (P/C) division. In his new …
Square Pegs, which offers specialist insurance coverage for complex and unusual risks via a dedicated e-trading platform, has become a standalone underwriting cell within Castel Underwriting Agencies Ltd. Focused on small and medium sized enterprises in the UK, Square Pegs …
Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into a number of centres of excellence focused …
Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel Underwriting Agencies Ltd., the club-style MGA formation platform. Financial details of …
Arch Capital Group Ltd. announced the completion of its previously disclosed acquisition of Barbican Group Holdings Ltd. (Barbican), including Barbican Managing Agency Ltd., Lloyd’s Syndicate 1955, Castel Underwriting Agencies Ltd. and other associated entities. “We are excited to complete this …
