Managing General Agency (MGA) News

Antares Lloyd’s Syndicate Partners with Iron-Starr, Ironshore’s Bermuda MGA

Ironshore Inc. announced that Antares Syndicate 1274 at Lloyd’s will join as a subscribing insurer for Bermuda-based Iron-Starr Excess Agency Ltd. Iron-Starr is a managing general agency (MGA), which underwrites specialty lines of business on behalf of Ironshore Insurance Ltd., …

UK-Based THB, Secures Motor Fleet Arrangement with Unicorn Underwriting

THB, the London-based specialist insurance and reinsurance broker, announces it has secured an exclusive wholesale broking arrangement with Unicorn Underwriting for UK motor fleet business. Unicorn Underwriting recently received backing from Berkshire Hathaway International Insurance Ltd. and that new capacity …

AmWINS’ MGA Unicorn Names Nightingale as CEO, Cashen as Motor Fleet U/W

Charlotte, N.C.-based broker AmWINS Group Inc. announced the appointment of Darren Nightingale as chief executive officer of its London-based managing general agent, Unicorn Underwriting. Nightingale will be joined by Julian Cashen from Liberty Underwriting as class underwriter, motor fleet. Together …

AmWINS Gets Backing for Unicorn MGA from Berkshire Hathaway International

U.S.-based global insurance distributor AmWINS Group Inc. announced it has secured backing from AA+ rated Berkshire Hathaway International Insurance Ltd. for its London-based managing general agent (MGA), Unicorn Underwriting, to write motor fleet business. Unicorn will focus initially on specialist …

UK’s Towergate Hires Accenture to Manage IT Infrastructure Transformation

Towergate, Europe’s largest independently owned insurance intermediary, is undertaking an IT infrastructure transformation across its entire business to address challenges posed by legacy systems and lack of integration and has chosen Accenture as its strategic service provider. The transformation program …

Altitude Risk Partners Appoints Audis as Senior Aviation Underwriter

Altitude Risk Partners, the global aviation and space underwriting business, has expanded its general aviation capabilities with the appointment of Martin Audis as senior underwriter. Audis joins from Starr Aviation where he was a senior underwriter for general aviation business. …

UK’s Towergate and Ageas Announce 5-Year Capacity Deal

Towergate and its subsidiary Arista, a Lloyd’s coverholder, have formed a partnership with the insurer Ageas, which will provide capacity of £60 million ($82.9 million), each year for the next five years. The capacity will be used for Arista’s commercial …

UK’s MGAA Elects New Board Members Birrell and Manchester

The London-based Managing General Agents’ Association (MGAA) announced the election of new board members Mark Birrell, chief executive of Castel Underwriting, and Charles Manchester, chief executive of Manchester Underwriting Management. They join directors Catherine Bell, chairman of inet3, Charles Earle, …

Canada’s Intact Financial Corp. Invests in Metromile, Pay-Per-Mile Insurer

Intact Financial Corp. has made a strategic investment in Metromile, a San Francisco-based provider of pay-per-mile car insurance. Toronto-based IFC, which is the largest provider of property & casualty insurance in Canada, said the venture is in line with its …

CFC Underwriting, London-Based MGA, Expands Transaction Liability Team

London-based CFC Underwriting has added two new underwriters to its growing transaction liability team. This follows last year’s appointment of Matthew Giddings to drive the development of a new line of business for the specialist lines underwriting agency. Naomi Collins …