October 15, 2021
How can managing general agents build broker relationships during a hardening market when insurers have much less incentive to provide capacity? After more than 25 years as a broker, Peter Blanc, CEO of the Goldman Sachs-owned consolidator broking group, Aston …
October 14, 2021
Humn, a UK-based insurtech MGA focused on data-driven commercial fleet insurance, has raised $13.7 million in new financing. The money will fuel, in part, further development of its technology and a European expansion. BXR Group and Shell Ventures led the …
October 12, 2021
Rokstone, the London-based speciality re/insurance managing general agency, has launched a new terrorism facility with “A”-rated capacity in the UK. The news follows the launch of its terrorism product in the U.S. in July this year, continuing its push to …
October 11, 2021
Occam Underwriting, the London-based specialist lines focused managing general agency (MGA), announced it is acquiring Beech Underwriting Agencies Ltd., subject to UK regulatory approval. Beech Underwriting is an approved Lloyd’s coverholder, led by Geoff Stillwell. The company has been a …
October 7, 2021
Arrow Risk Management announced the launch of its new MGA underwriting platform, led by Jon Godfray as chief executive officer and Mark Harrington as chief underwriting officer. The Arrow Risk platform provides a efficient and effective trading environment for underwriting …
September 14, 2021
Envelop Risk, the UK-based cyber re/insurance managing general agent, announced a Series B investment of $130 million, led by SoftBank Vision Fund 2. The financing will facilitate Envelop Risk’s plans to expand its proprietary machine-learning and data-driven underwriting activity in …
August 18, 2021
OneAdvent, the London-based managing general agency platform, has secured additional capacity for its financial lines MGA from Barbadian reinsurer Active Re. Active Re has granted delegated underwriting authority to OneAdvent to write financial institutions and commercial D&O on a facultative …
August 17, 2021
Occam Underwriting, the London-based specialist lines managing general agency, announced that Hudson Structured Capital Management (HSCM) has recently acquired a majority stake in the company. HSCM, an asset manager specializing in the re/insurance and transportation sectors, has also made a …
August 11, 2021
Hoxton Insurance Services, a new managing general agent (MGA) that trades exclusively through brokers, has been launched by MGA specialist, NuVenture International Ltd. Focusing on mid and high net worth personal lines insurance in the UK, Hoxton Insurance Services will …
July 30, 2021
The UK’s Managing General Agents’ Association (MGAA) has expanded its membership into the Republic of Ireland (ROI) following an initiative driven by Chief Executive Mike Keating. The move to enable MGAs, insurers and suppliers to join the association is designed …