Rokstone, the London-based speciality re/insurance MGA, part of the Aventum Group, has launched a Credit & Surety Treaty division. Rokstone has appointed Luis Antonio Ibáñez as the portfolio manager to lead the division, based in Madrid. The division has secured …
Aspect Labs Ltd., the London-based re/insurance managing general agent, has officially opened its doors for business – targeting small-to-mid-market risks that are not big enough for Lloyd’s of London. Initially focusing on the direct and facultative property arena in the …
Nexus Underwriting announced that it has completed the acquisition of a majority stake in Spectrum Risk Management, a specialist MGA headquartered in Dubai that focuses on marine and property insurance and reinsurance. Financial details of the deal were not disclosed. …
Astaara, the Guernsey-based managing general agent and risk management advisory business, has increased its underwriting capacity and insurance limit from US$12.5 million in 2020 to US$25 million with effect from April 1. Astaara’s cyber insurance covers ports and terminals, as …
Pen Underwriting, the London-based managing general agent and Arthur J. Gallagher subsidiary, announced it has acquired Tay River Holdings Ltd., which include its wholly owned marine specialist subsidiaries Vessel Protect, Trafalgar Marine Trades and BMM Ports & Terminals for an …
Aqueous Underwriting has secured major new capacity following the signing of an initial three-year deal with insurer Allianz Insurance. The move is part of the MGA’s plans to significantly grow its presence in the commercial SME market where it specializes …
HDI Global Specialty SE (HDI) has launched a new insurance platform in Canada which delivers general aviation policies to brokers in minutes. The platform, called “Aviation IQ” delivers end-to-end digital automation of general aviation insurance policies covering small fixed-wing aircraft …
Skyrisks Ltd. is set to launch as a managing general agent, partnering with capacity provider Convex Group Ltd., aiming to address the fast-growing insurance needs of the advanced air mobility (AAM) sector. The AAM sector embodies the future of aviation, …
Intangic MGA, a London-based cyber managing general agent (MGA), has been launched with capacity backing from AXA XL, offering new cyber insurance cover for large public corporations headquartered in the UK. The company is led by an executive team with …
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, announced it will enter the excess cyber insurance market in the United Kingdom to help protect businesses with enhanced coverage. By adding additional capacity to the market in this …
