managing general agents (MGAs) News

R&Q’s EU Program Manager, Accredited, Forms Partnership with UK MGA Stabilis

Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary, Accredited Insurance (Europe) Ltd., has signed a new program underwriting partnership with Stabilis MGA Ltd., a UK managing general agent (MGA) that sells private motor insurance. Colin …

MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover

Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I) to the owners and managers of small and specialized ships. London-based Lodestar provides $50 million of Aspen-backed P&I cover, with …

Underwriting Platform elseco Agrees to Buy MGA, Selected Renewal Rights from StarStone

Specialty underwriting platform elseco has entered into an agreement with global specialty insurer StarStone to acquire its managing general agent, Malakite Underwriting Partners Ltd., and the renewal rights to StarStone’s Zurich-based airlines & products portfolio. Under a new strategic partnership …

CFC Expands Cyber Insurance Product with Business Interruption Cover

CFC, the London-based managing general agent that specializes in emerging risks, announced it has expanded its cyber insurance product to include business interruption as well as a variety of cyber-crime activities. With CFC’s new cyber insurance product, businesses will benefit …

R&Q’s EU Program Manager, Accredited, Forms Partnership with UK MGA Kitsune

Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a new program underwriting partnership with Kitsune Ltd., a UK managing general agent that provides private motor insurance. Kitsune is one …

R&Q’s EU Program Manager, Accredited, Forms Partnership with CPD Underwriting

Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary Accredited Insurance (Europe) Ltd. has signed a new program underwriting partnership with CPD Underwriting Solutions Ltd., a UK managing general agent, providing both private motor and household …

Singapore’s EF Marine Forms Capacity Deal with Swiss Re Corporate to Offer Fixed Premium P&I Cover

Singapore-based EF Marine announced a managing general agent (MGA) agreement with Swiss Re Corporate Solutions, effective Jan. 1, 2019. The alliance between Swiss Re Corporate Solutions and EF Marine will support small and medium-sized shipowners, charterers and multimodal operators globally …

UK MGA Nexus Acquires Hiscox Global Flying

Independent specialty managing general agent Nexus Group announced it has completed the acquisition of Hiscox Global Flying (HGF) via an asset purchase into Millstream Underwriting Ltd., a Nexus Group company that specializes in accident & health and travel insurance. HGF …

AFL Insurance Brokers Finds Good Strategic, Cultural Fit with U.S. MGA Zodiac

AFL Insurance Brokers, the London-based Lloyd’s broker, was looking for an MGA platform in the United States and found the perfect partner last month when it purchased Zodiac Insurance Services, which specializes in professional, entertainment and event insurance. It wasn’t …

Canada MGA Totten Insurance Buys Lloyd’s Coverholder Anderson McTague

Totten Insurance Group Inc., a Toronto-based managing general agency, announced it has acquired Anderson McTague & Associates Ltd. Terms of the transaction were not disclosed. Headquartered in Saint John, New Brunswick, Canada, Anderson McTague has served Atlantic Canada’s independent insurance …