Castel CEO Mark Birrell News

U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners

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 …

Altitude Risk Adds General Insurance Corp. of India to Capacity Providers

Altitude Risk Partners, Castel’s global aviation and space underwriting business, announced that it “has added the General Insurance Corporation of India [GIC], the world’s 15th largest reinsurer, to its aviation capacity providers. “The Indian government owned business joins existing capacity …