September 21, 2018
Fidelis Insurance announced it has taken an equity stake in a new managing general agent, Kersey Specialty Ltd., and will be providing underwriting capacity. London-based Kersey will focus on the upstream energy subscription market insurance and will be managed through …
September 5, 2018
Bluefin Underwriting, a UK-based managing general underwriter (MGU), has rebranded as Victor Insurance. The announcement follows the larger global unification and rebrand of The Schinnerer Group to Victor Insurance earlier this year. Working solely with regional brokers and on behalf …
August 16, 2018
Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary R&Q Insurance (Malta) Ltd. has signed three new program underwriting partnerships – or fronting arrangements – with European managing general agents. They are: Futura, a Spanish MGA …
August 6, 2018
AmWINS Group Inc., the Charlotte, N.C.-based independent wholesale distributor of specialty insurance products, announced that Robert “Bob” Petrilli has been named president of the firm’s underwriting division, effective immediately. AmWINS’ underwriting division offers a variety of P/C programs for specific …
July 26, 2018
Sciemus, a specialty managing general agency (MGA), is undertaking a series of changes starting with a new name, Occam Underwriting. “Taking its name from ‘Occam’s razor,’ the problem-solving principle that the most straightforward solution is best, Occam Underwriting will bring …
July 18, 2018
Managing general agents (MGAs) are increasingly interested in working with insurtech firms to enable their businesses to become more customer-centric, according to a new survey of UK MGAs. More than 42 percent of survey respondents feel insurtech helps MGAs evolve …
July 17, 2018
While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire sector. Chilton, who will be stepping …
July 6, 2018
Beazley, the specialist insurer, has appointed Jo-Anne Hawthorne as territory manager for eastern Canada. Hawthorne will report to Cheryl Hobbs and will be responsible for developing closer relations with brokers in Ontario, Atlantic Canada, Ottawa and Quebec with a view …
July 5, 2018
Andrew Matson has been named leader of Aon’s newly formed Global Portfolio Broking team – a Reinsurance Solutions unit. Aon said the unit “will build on the success of established pioneering facilities, while developing new facilities in line with client …
July 2, 2018
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to a report published by Willis Re. For example, although most loss-free Florida property accounts were flat, some …