London-based Hyperion Insurance Group, an international insurance intermediary, has confirmed the permanent appointment of Talbir Bains as chief executive officer of DUAL Group, an MGA and Hyperion’s international underwriting arm. The vision of DUAL is to continue to grow and …
Cobalt Insurance Holdings Ltd., the London-based provider of Shariah compliant insurance and reinsurance has announced a strategic investment by Armour Group Holdings Ltd., the Bermuda-based diversified insurance group. Financial considerations were not disclosed. The strategy of Bermuda-based Armour focuses on …
Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory approval. The financial considerations were not disclosed. Derek Coles, RDG …
Castel Underwriting Agencies Ltd., the London-based MGA formation platform, has launched its first corporate underwriting cell, working with One Re, a specialist African-focused reinsurer, to target facultative reinsurance business across Sub-Saharan Africa. The underwriting cell, called One Facultative Acceptances*, will …
The DUAL Group, the MGA and Lloyd’s of London’s international coverholder, has announced the launch of DUAL Private Clients, which will marry their recent acquisition of the Private Clients underwriting business of Aqua and Aurum with their own global distribution …
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 …
Thistle Insurance Services Limited, part of Jardine Lloyd Thompson Group plc, the UK-based provider of insurance, reinsurance and employee benefits-related advice, brokerage and associated services, announced two key appointments to its executive board. Paul Williams has been appointed managing director …
Cooper Gay Swett & Crawford (CGSC) Group North America has launched The Insurance Center for Building Materials (ICBM), a new managing general agency addressing the risks associated with lumber and secondary forest products companies, as well as building materials manufacturers …
Munich Re’s primary insurance subsidiary Great Lakes Australia (GLA) has reached an agreement to support Australia’s largest broker network, Steadfast Group in their proposed acquisition of Calliden Group Ltd. Munich Re said it plans to “acquire the authorized insurer, Calliden …
The London-based Nexus Group, a Managing General Agency (MGA) announced the formation of a new specialist product line covering a wide range of accident, sickness and travel insurance, written on a direct and facultative basis, up to an Event Aggregate …
