Optio Group News

People Moves: Brit Re Names Partner Re’s Ex-CEO Bonneau as Non-Executive Director; Optio Group Taps AXA’s Soni as Group CEO

This edition of International People Moves details appointments at Brit Re and the managing general agent Optio Group. A summary of these new hires follows here. Brit Re Names Partner Re’s Ex-CEO Bonneau as Non-Executive Director Brit Ltd. announced the …

Markets/Coverages: MGA Optio and Insurer Partner AmFirst to Offer Political Violence & Terrorism Cover

Optio Group, the London-based specialty managing general agent (MGA), announced it has entered into an agreement with a new insurer partner to provide underwriting capacity for political violence and terrorism (PVT) risks. The partner company – AmFirst Insurance Co. (AmFirst) …

People Moves: Childs to Retire as Chair of Hiscox; Optio Taps Munich Re’s Kennett as UK Head of Political Risk & Terrorism; Conduit Re Names BMS Re’s Binetti to Lead Casualty

This edition of International People Moves details appointments at Hiscox, Optio Group and Conduit Re. A summary of these new hires follows here. Childs to Retire as Chair of Hiscox Board Hiscox Ltd., the international specialist insurer, announced that Robert …

People Moves: Robinson Named CEO of Optio; Bogardus Becomes Chief Executive of Everest Re Singapore; Pen Underwriting Promotes Simmonds in Public Sector Division

This edition of International People Moves details appointments at Optio Group, Everest Re, and the MGA Pen Underwriting. A summary of these new hires follows here. Robinson Named CEO of Optio Group Optio Group, the London-based specialty MGA, announced the …

People Moves: Generali’s GC&C Names Marcato to Lead Financial Lines; BHSI Promotes Taylor for Property in ANZ; Optio Taps Hartford’s Barrett for Financial Lines

This edition of International People Moves details appointments at Generali’s Global Corporate & Commercial, Berkshire Hathaway Specialty Insurance and Optio Group. A summary of these new hires follows here. Generali Global Corporate & Commercial Names Marcato as Head of Financial …

People Moves: O’Leary Named CEO RSA Luxembourg; Northcourt Appoints Pool Re’s Butler as Nuclear Industry Adviser; Aon Taps WTW’s Dell’Aglio for Strategy & Tech Unit

This edition of International People Moves details appointments at RSA Luxembourg; Northcourt (the MGA and underwriter of nuclear risks), and Aon. A summary of these new hires follows here. O’Leary Named CEO of RSA Luxembourg Intact Insurance Group USA LLC …

Specialty MGA Optio Launches MGA and Broking Operations in Dubai

Optio Group, the London-based specialty managing general agent (MGA), announced it will launch an MGA and reinsurance broker in Dubai, subject to final approvals from the UAE regulatory authorities. Both businesses are expected to be operational by Jan. 1, 2023, …

People Moves: WTW Hires MS Amlin’s Singh; Optio Names Hartford’s Robinson as MD; MS Amlin Adds Sirius’ O’Donnell to Property

This edition of International People Moves details appointments at Willis Towers Watson, Optio Group and MS Amlin. A summary of these new hires follows here. WTW Hires MS Amlin’s Singh for Climate Analytics, Exposure Mgmt Insurance broker WTW announced it …

Optio Acquires Warranty & Indemnity-MGA Brockwell Capital

Optio Group, a London-based specialty MGA focused on emerging insurance risks, announced it has acquired Brockwell Capital Ltd., a leading warranty & indemnity MGA, for an undisclosed sum. Brockwell, an approved Lloyd’s coverholder, significantly adds to the group’s transactional liability …

Insurers Cut Their Appetite for Cyber Cover as Ransomware Losses Mount

LONDON – Insurers have halved the amount of cyber cover they provide to customers after the pandemic and home-working drove a surge in ransomware attacks that left them smarting from hefty payouts. Faced with increased demand, major European and U.S. …