Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Markets/Coverages: Howden’s MGA DUAL Launches Cargo Insurance in Europe
Sep 11 2025 // DUAL Europe, the managing general agent and unit of insurance intermediary Howden, announced the launch of its cargo insurance business, effective from Sept. 1, 2025. This marks a strategic expansion of DUAL Europe’s...
SageSure and Affiliate to Acquire Olympus MGA and Olympus Insurance in Florida
Sep 10 2025 // In a three-way deal involving carriers, underwriters, holding companies and more, catastrophe-focused managing general underwriter SageSure announced it will acquire the managing general agent for Florida-based Olympus...
People Moves: Aon Commercial Risk Promotes Smaje as Specialty Leader, Transportation & Logistics; MGA Optio Names Deloitte’s Hallett Head of Insurer Partnerships
Aug 22 2025 // This edition of International People Moves details appointments at the broker Aon and the MGA Optio Group. A summary of these new hires follows here. Aon’s Commercial Risk Business Promotes Smaje to Lead...
Markets/Coverages: MGA Coalition Launches Cyber Insurance in France
Aug 20 2025 // Coalition, the San Francisco-based cyber managing general agent and cybersecurity firm, announced the launch of its Active Cyber Insurance in France through its subsidiary, Coalition Insurance Solutions GmbH. French...
Aon’s NFP Acquires UK MGA Platform, Bspoke Insurance Group
Aug 7 2025 // NFP, an Aon company and leading international insurance brokerage and consulting firm, announced it has acquired Bspoke Insurance Group, a platform of multi-class niche and specialist managing general agents. Headquartered...
Business Moves: Specialist Risk Group Acquires Ecclesia’s Dutch and Belgian Operations; Optio Completes Purchase of UK MGA Custodian Management
Aug 4 2025 // Specialist Risk Group Acquires Ecclesia’s Dutch and Belgian Operations Specialist Risk Group (SRG), the London-based global insurance intermediary, announced it has completed the acquisition of German broker...
US Property-Focused-MGA Avatar Launches in UK, Led by Clapham From Aon
Jul 31 2025 // Avatar MGA Ltd., a next generation managing general agent (MGA), has received Lloyd’s coverholder and UK regulatory approval to begin binding business from Aug. 1, 2025. The US D&F property-focused MGA is backed...
Top 5 Challenges Facing P&C Insurance MGAs and How an AMS Can Help
Jul 31 2025 // This post is part of a series sponsored by Expert Insured. Managing General Agents (MGAs) in the Property & Casualty (P&C) insurance space are under increasing pressure to scale, comply, and remain competitive....
Commercial Auto MGA Cover Whale Obtains $40M Equity Financing
Jul 30 2025 // Cover Whale Insurance Solutions, Inc., a managing general agency (MGA) focused on commercial auto isurance, announced $40 million in new equity financing from Morgan Stanley Expansion Capital. Founded in 2020, Cover...
Applied Underwriters Starts MGA Platform Innovation Risk
Jul 29 2025 // Applied Underwriters said it has launched Innovation Risk, a new managing general agent (MGA) platform that will focus on casualty, accident, and life underwriting. The MGA, while firmly rooted in proven, traditional...
‘We’ll Have to See How This Plays Out,’ Says CEO Berkley on MGA Competitors
Jul 23 2025 // The leader of W.R. Berkley Corp. has seen it before—some version of the MGA movie in which delegated underwriting authority is given to market participants whose ambitions aren’t always aligned with capacity...
Business Moves: Coverys Agrees to Sell Italy MGA to AnaCap-Backed Edge Group; Portuguese Insurance Broker Universalis Rebrands as Acrisure
Jul 22 2025 // Coverys, the Boston-based medical professional liability and healthcare insurer, has signed an agreement for the sale of its Italian managing general agent, AEC Agenzia di Assicurazione e Riassicurazione SpA (AEC), to Edge...
MGA Nexus Underwriting’s CEO Rouse Faces Internal Investigation for ‘Offensive’ Email
Jul 14 2025 // Nexus Underwriting, the London-based managing general agent, is investigating a “wholly inappropriate and offensive ” email sent by CEO Stuart Rouse. “We are aware of an internal email that has been...
AI-Driven MGA ‘Augmented UW’ Launches to Serve Smart-Follow Insurance Market
Jul 10 2025 // Augmented UW Ltd., the AI-driven managing general agent, has launched in London to serve the smart-follow insurance market. The MGA was founded by Chief Executive Officer Daniel Prince, a leading executive in the London...
MGAs by the Numbers: Fronting Biz, Nonaffiliated MGAs Drive Growth
Jul 9 2025 // Direct premiums written by U.S. managing general agents jumped to over $114 billion in 2024, according to the latest installment of an annual research series on the MGA market. The report titled “Managing General...
Business Moves: Insurtech Wefox Raises €151M to Build New MGA Focus, Core Markets
Jul 7 2025 // Insurtech wefox has secured funding of €151 million ($177.8 million), which will enable the company to build its core market positions in Austria, the Netherlands, and Switzerland as well as its asset-light managing...
Leading MGA Goes Live on Expert Insured
Jun 23 2025 // This post is part of a series sponsored by Expert Insured. Leading MGA Goes Live on Expert Insured — A New Chapter in MGA Innovation We’re excited to share that NEC Specialty Inc. (NECS) has officially gone live on...
Business Moves: Howden Acquires Chilean Retail Broker; United Risk Purchases Australian Facultative Reinsurance MGA, Pinnacle Underwriting
Jun 20 2025 // Howden Acquires Chilean Retail Insurance Broker Howden, the London-based insurance intermediary group, announced it has acquired Ureta & Fernandez Corredores de Seguros Limitada (U&F), an independent retail...
Private Equity Firm B.P. Marsh Acquires 27% Stake in UK MGA Cameron Specialty
Jun 17 2025 // B.P. Marsh and Partners Plc, the specialist private equity investor in early-stage financial services businesses, announced it has acquired a 27% shareholding in Cameron Specialty, a London-based underwriting agency. B.P....
Markets/Coverages: MGA Optio Launches $150M Political Violence & Terrorism Cover
Jun 12 2025 // Optio Group, the London-based, independent specialty MGA, announced the launch of new political violence and terrorism (PVT) binders, backed by 100% Lloyd’s of London capacity. The new product provides a US$150...
