Specialty MGA News

With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a hot M&A environment for specialized managing general agencies, representatives of GC Securities said Sunday. In a blog item on Guy …

Specialty MGA, Nexus Underwriting Management Limited, announced that it has acquired City of London based Millstream Underwriting Limited, an independent managing general agency specializing in travel personal accident and sickness insurance coverage, primarily underwritten on a business to business basis. …