Castel Underwriting Agencies News

U.K. MGAs Seek Greater Role in Claims Process: MGAA Matters Survey

Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.* The fourth quarterly MGAA Matters Survey, …

Castel Underwriting Agencies Appoints Powell as 1st Claims Manager

Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed Vanessa Powell as its first claims manager. Powell joins from Mitsui Sumitomo Insurance Group where she was aviation claims manager. She has over 30 years’ experience across all classes …

Castel Appoints Nugent Chief Underwriting Officer to Prepare New MGA Cells

UK-based Castel Underwriting Agencies, the club-style MGA formation platform, has appointed James Nugent as its first chief underwriting officer. He joins Castel from Amlin where he was head of underwriting performance and responsible for underwriting performance, governance and quality assurance. …

Newbridge Writes Political Violence, Terrorism Risks via Castel MGA Platform

Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets. The new underwriting cell will be focused on the emerging markets regions including, but not limited to, MENA …

Castel Underwriting Appoints Posner COO to Support Growth Plans

UK-based club-style MGA formation platform Castel Underwriting Agencies announced the appointment of Mark Posner as its chief operating officer. He will report to CEO, Mark Birrell, and lead the continued development of Castel’s scalable business processes, operational functions and management …

Poll Finds UK MGA’s Priority: Seek Organic Growth in New Product Lines

Members of the UK’s Managing General Agents’ Association (MGAA) are “prioritizing the development of new business lines and products to drive organic growth over the next three years according to the first MGAA Matters survey,” the organization said. The announcement …

Altitude Risk Partners Launches 1st Underwriting Cell on Castel’s MGA Platform

Castel Underwriting Agencies Limited, a member of the Barbican Insurance Group, announced that Altitude Risk Partners has become the first underwriting cell to utilize its “club-style” MGA platform to create a dynamic aerospace underwriting business. “Launched in London with capacity …