Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Specialist D&O MGA Banyan Risk Expands Into Canadian Market
Dec 22 2021 // Banyan Risk Ltd., the managing general agent (MGA) that launched in Bermuda this year, is expanding its operations into Canada. Banyan, which underwrites directors and officers (D&O) insurance risk solutions in complex...
3 Ways Insurance Distribution Licensing Software Makes Life Easier for MGAs and MGUs
Dec 21 2021 // This post is part of a series sponsored by AgentSync. Investing in technology can be daunting. The thought of setting up an entirely new system, or migrating from an old one, is enough to stop progress in its tracks for...
Pro MGA Solutions Provides MGA Incubator Platform for Tierra Underwriting Ltd.
Dec 20 2021 // Global re/insurance adviser Pro Global Holdings Ltd. announced the incubation of environmentally focused managing general agent, Tierra Underwriting Ltd., by its independent managing general agent incubator subsidiary, Pro...
Specialist Risk Group Launches MGA Called MX Underwriting
Dec 14 2021 // Specialist Risk Group (SRG) announced the launch of MX Underwriting. Led by Lee Anderson, SRG deputy CEO, and James Gerry, MX chairman, MX aim to be a £100 million gross written premium business within its first year of...
Is There a Limit to MGA Growth?
Dec 10 2021 // This post is part of a series sponsored by AgentSync. Here at AgentSync, we love talking about growth. Personal growth, professional growth, company growth; we even have an internal slack channel called green-thumb-agents...
Attention Young Professionals: Wholesale Insurance Is ‘Where the Magic Happens’
Dec 9 2021 // According to wholesale insurance executives, their segment of the property/casualty insurance industry is more exciting and fulfilling than other sectors of the industry. It’s also full of potential for young...
Buckle, Amwins Form MGA to Offer Auto to Gig Workers
Dec 8 2021 // Buckle, a technology-based financial services company, has entered into a managing general agency agreement with Amwins Specialty Auto to place non-standard automobile insurance for gig workers in Florida. Gateway...
MGAs/MGUs Tackle Risk Considerations in Becoming Carriers
Dec 7 2021 // This post is part of a series sponsored by AgentSync. As managing general agents (MGAs) and managing general underwriters (MGUs) examine their next steps as businesses and investment opportunities, some are attracted to...
MGA CFC Underwriting Launches Tool That Calculates Ransomware Costs
Nov 30 2021 // CFC Underwriting, the specialist managing general agent, has released a new tool designed to help customers understand the potential cost of a ransomware attack to their business. “Ransomware threats are one of the...
People Moves: Mosaic Launches London M&A Team, Hiring From Liberty Mutual, AIG; BHSI Promotes 2 in UK; Marsh’s Dubreuil to MGA Alta Signa in Brussels
Nov 23 2021 // This edition of International People Moves details appointments at Mosaic Insurance, Berkshire Hathaway Specialty Insurance and MGA Alta Signa Europe. A summary of these new hires follows here. Mosaic Launches London...
Managing Broker Relationships for Carriers and MGAs/MGUs
Nov 23 2021 // This post is part of a series sponsored by AgentSync. The sales role is the lifeblood of insurance, and with a complex pipeline of agencies, agents, brokers, etc., carriers and MGAs can understandably be confused by how to...
K2 Launches Parametric MGA in California Headed by Carpinteri
Nov 22 2021 // K2 Insurance Services LLC launched a managing general agency called K2 Parametric, which is being led by Scott Carpinteri, who has experience in the parametric insurance space. K2 Parametric will be based out of...
Dixen Forms MGA Focused on Workers’ Comp
Nov 15 2021 // Marguerite Dixen, a veteran insurance executive, has established Adroit General Agency, a managing general agency providing workers’ compensation insurance along with technology-driven safety, loss prevention and...
Venbrook Acquires Georgia E&S MGA
Nov 10 2021 // Venbrook Group, an independent insurance distribution and services firm, has acquired Alpharetta Underwriters, a specialty managing general agent that offers excess and surplus coverage for the construction...
Insurtech Arbol Launches Bermuda MGU, Focusing on Parametric Reinsurance
Nov 10 2021 // Arbol Inc., a New York City-based insurtech platform for parametric protection products, announced the launch of Arbol Underwriters Ltd. (AUL), a registered insurance agent based in Bermuda, which is focused on providing...
AXIS Insurance Enters North American Pet Insurance Market With MGU Petplan
Nov 10 2021 // AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced it has entered the pet insurance market via its Accident and Health unit through a strategic relationship with managing...
The Liberty Company Insurance Brokers Forms MGA Aura Risk in California
Oct 22 2021 // The Liberty Company Insurance Brokers formed a new managing general agency, Aura Risk Management, providing program administration and a wholesale trading platform for its carriers, Liberty producers, and Aura’s...
UK MGA CFC Underwriting Receives Major Investment From 2 Private Equity Firms
Oct 21 2021 // CFC Underwriting, the London-based specialist managing general agent, announced a major investment jointly led by EQT and Vitruvian Partners, two of Europe’s leading private equity firms. The size of the investment...
Coverys Launches European Casualty MGA, AEC Europe
Oct 20 2021 // Coverys European Holdings (CEH), a leading underwriting vehicle that invests in speciality managing general agencies in Europe and the UK, announces the expansion of its AEC underwriting agency with the launch of AEC...
People Moves: D&O MGA Tegron Names Tokio Marine’s Shergill Sr U/W; AXIS Financial Institutions Hires 3 for London Team; Aon Re’s Russell Is Casualty Treaty U/W at Atrium
Oct 19 2021 // D&O Insurer Tegron Names Tokio Marine’s Shergill as Senior U/W Tegron Specialty, the Beat Capital backed D&O underwriting specialist, announced the appointment of Kiran Shergill as senior underwriter....
