Best Read Insurance Wholesale Headlines
Headlines from our Insurance Wholesale Topic Page with the most time spent reading.
#1 McCarty Critical of Consultant’s Report on MGAs, as Average Premiums Drop in Florida
Mar 25 2025 // Amid an uproar over reports that Florida property insurance companies had shifted profits to affiliated firms while rates rose and carriers slid into insolvency a half-decade ago, former Florida Insurance Commissioner...
#2 Consultant Sheds Some Light on MGA Fee Report at Florida Legislative Hearing
Apr 4 2025 // A Florida House of Representatives panel went straight to the source of a consultant’s report that has caused widespread concern among lawmakers about insurance company profit-shifting. But the hour-long web...
#3 AM Best Report Cites MGA’s Role in Insurer Insolvencies
Dec 18 2024 // This story has been edited for clarity. In May of 2022, as Florida lawmakers debated solutions to the Florida property insurance crisis, a number of Democrats in the state Senate argued litigation and roof claims were not...
#4 The Wholesale Insurance Evolution: From Consolidation to Innovation
Sep 16 2024 // In a decade defined by disruption, the wholesale insurance market has adapted and evolved to meet the demands of an increasingly complex risk environment. The industry has been remarkable in its ability to pivot, innovate...
#5 How to Outperform: Don’t Outsource Underwriting to MGAs
Jul 26 2024 // Executives of two property/casualty insurance organizations—Kinsale Insurance and the U.S. P/C operations of Arch Capital—shared their recipes for success with an analyst who crowned their companies as performance...
#6 A.M. Best: Rapid Premium Growth Warrants Greater MGA Oversight
May 24 2024 // Though A.M. Best remains bullish on the delegated underwriting authority enterprises (DUAEs) market, it remains cautious of the risk managing general agents (MGAs) bring to insurers. In its latest market segment report,...
#7 Top 5 Challenges Faced by MGAs in Managing Multi-Carrier Processes and How to Overcome Them
Oct 23 2024 // This post is part of a series sponsored by Selectsys. Managing multi-carrier processes presents significant challenges for Managing General Agents (MGAs). With increasing complexity in the insurance landscape, MGAs must...
#8 Viewpoint: The Recipe for Building a Successful MGA
Feb 14 2025 // The managing general agency model is attracting a number of ambitious underwriters keen to step away from established insurers to build nimble, specialized, and client-focused MGAs. For many, launching an MGA is a chance...
#9 Conning Study: MGA Market Still Growing
Jul 12 2024 // A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023, according to a new Conning strategic study. The global investment management firm’s 11th...
#10 NormanMax Agrees to Purchase Parametric Flood Specialist MGA, FloodFlash
Feb 26 2025 // NormanMax Insurance Holdings, the Miami-based provider of parametric re/insurance solutions, has agreed to acquire FloodFlash, the parametric flood managing general agent, subject to regulatory...
#11 Florida Report on MGAs Fell Through the Cracks, Commissioners Say
Mar 17 2025 // A draft report examining Florida insurers’ relationships with their managing general agents fell through the cracks and was never finished, a current and a former state insurance commissioner told state lawmakers at...
#12 Viewpoint: Are Carriers and MGAs Leaving Revenue on the Table?
Feb 19 2025 // Insurance companies spend billions of dollars a year on advertising—and for good reason. With auto insurance mandated in nearly every state and home insurance required by mortgage lenders, insurance product providers are...
#13 Business Moves: Ryan Specialty Acquires MGU Specialist; Clear Buys UK’s CoverMarque
Nov 6 2024 // Ryan Specialty, the Chicago-based specialty insurance services firm, has completed the acquisition of Innovisk Capital Partners from Abry Partners and BHMS Investments. Financial details of the deal were not disclosed....
#14 People Moves: Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East; DUAL Europe Expands Marine Business With New Team in Hamburg, Germany
Apr 17 2025 // Specialty MGA Appoints 2 Senior Underwriters for Africa & Middle East Specialty MGA Africa & Middle East, part of MNK Group and a sister company of Specialty MGA UK, announced the appointment of two new senior...
#15 The All-in-One Solution for MGAs & Wholesalers: How Expert Insured Combines AI, Rating, Policy Lifecycle, and Accounting for Complete Management
Apr 4 2025 // This post is part of a series sponsored by Expert Insured. Managing the entire insurance lifecycle can be a daunting task for MGAs and wholesalers, with processes spanning from underwriting to policy issuance and...
#16 MGU Private Client Select Teams With Ryan Specialty on High Net Worth
Jul 26 2024 // Private Client Select Insurance Services (PCS) said it has entered into an agreement with Ryan Specialty on a distribution partnership. The independent managing general underwriter started by American Internal Group (AIG)...
#17 Markets/Coverages: MGA OpenRoad Enters Collector Vehicle Insurance Market
May 21 2024 // Managing general agency Open Road Insurance announced its entry into the marketplace for collector vehicle auto insurance with its first license in Texas, and plans to launch in other U.S. states later this...
#18 Bowie Promoted to CEO of MGU Private Client Select Insurance
Jan 8 2025 // Managing general underwriter Private Client Select Insurance Services, majority owned by Stone Point Capital and American International Group (AIG), said Ross Bowie has been appointed chief executive officer, effective...
#19 Markets/Coverages: E&S MGA Ledgebrook Launches Architects & Engineers Product
Jun 21 2024 // Ledgebrook, the Boston-based excess-and-surplus managing general agent, announced it will be expanding its professional lines offerings by launching an architects and engineers product with its capacity provider, the...
#20 After Florida Report, Georgia Senator Wants Investigation into MGAs, Insurer Profits
Mar 19 2025 // Concerns about Florida-based insurance carriers masking profits with the help of affiliated companies has spilled across the border into Georgia, with one state senator calling for an investigation. Sen. Nabilah Islam...
