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 …
July 30, 2021
Occam Underwriting, the specialist lines-focused managing general agent, has announced the promotion of Chief Financial Officer Mark Fisher to chief executive officer, subject to regulatory approval. The previous CEO, Lance Gibbins, will continue to serve the company as chair. Fisher …
July 29, 2021
CFC Underwriting, the London-based specialist managing general agent, announced that Chief Innovation Office Graeme Newman has been appointed as the company’s new CEO. Founder and current CEO, Dave Walsh, will assume the role of group CEO effective immediately, subject to …
July 20, 2021
Africa Specialty Risks (ASR), the pan-African focused reinsurance managing general agent, announced it has secured an additional $10 million in capacity for its Political Violence and Terrorism (PVT) division from Lloyd’s insurer Atrium Underwriting Ltd. This is in addition to …
July 15, 2021
Coalition, the San Francisco-based cyber insurance and security company, announced it will enter the excess cyber insurance market in Canada to help protect businesses with enhanced coverage. With the coverage, Coalition will provide free access to Coalition’s cyber-security capabilities, including …
July 14, 2021
Spring Partners, the London-based managing general agency platform, announced that insurer Beazley has renewed its capacity support for Spring’s financial institutions business for another 12 months from July 1, 2021. Financial details of Beazley’s capacity provision were not disclosed. “The …
July 12, 2021
Rokstone, the international speciality re/insurance MGA, part of the Aventum Group, announced it has secured an insurance agent license from the Financial Services Commission in Mauritius (FSC). The company is now fully authorized to underwrite business directly in Africa from …