Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
California Insurance Wholesalers Launch Women and Insurtech Initiatives
Mar 19 2025 // The California Insurance Wholesalers Association launched two new initiatives: CIWA Women and an Insurtech Committee. CIWA Women is designed to promote women’s interests, development and empowerment in the...
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...
People Moves: Wilson Named Deputy Chair of Argenta Syndicate Mgmt as Whiter Steps Down; Specialty MGA UK Hires Hussain as Head of Political, Credit Risk
Mar 4 2025 // This edition of International People Moves details appointments at Argenta Syndicate Management and Specialty MGA UK. A summary of these new hires follows here. Wilson Named Deputy Chair of Argenta Syndicate Mgmt as Whiter...
Optio Group Acquires Norwegian-Based Marine Hull Specialist MGA, S Insurance
Mar 3 2025 // Optio Group, the London-based independent specialty MGA, announced it has acquired Norwegian-based MGA S Insurance AS (S Insurance) for an undisclosed sum, subject to regulatory approval. This acquisition follows...
Markets/Coverages: MGA Pen Expands International Cover for UK Recruitment Agencies
Feb 28 2025 // Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them...
Selectsys Acquires Expert Insured, with AI for Carriers, MGAs
Feb 28 2025 // Tennessee-based Selectsys, an insurtech specializing in business process outsourcing for insurers, has acquired Expert Insured, an artificial intelligence-led insurance management system for wholesalers, carriers and...
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...
People Moves: Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics; Specialty MGA UK Hires 2 Energy Underwriters
Feb 25 2025 // This edition of International People Moves details appointments at Markel and Specialty MGA UK. A summary of these new hires follows here. Markel Taps Johnson From Travelers as Senior U/W, Transport and Logistics Markel,...
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...
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...
People Moves: BMS Taps Howden Re’s Biddell as Managing Director and Head of London P/C; MGA DUAL UK Makes 3 Senior Appointments in Underwriting and Distribution
Feb 13 2025 // This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK. A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director...
Markets/Coverages: MGA Rokstone Expands Portfolio Into Financial Institutions
Feb 5 2025 // Rokstone, the international speciality re/insurance MGA that is part of the Aventum Group, has announced the launch of a D&O and PI combined facility for financial institutions in the UK, Europe and the Caribbean,...
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...
Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU
Jan 7 2025 // Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year. Velocity Risk, providing...
People Moves: Fairfax Insurance Names Young as President, Barnard as Chair; Acrisure Appoints Industry Veteran Reith as Exec Chair of MGA Unit Volante
Jan 3 2025 // This edition of International People Moves details at Fairfax Insurance Group and Acrisure’s Volante. A summary of these new hires follows here. Fairfax Insurance Group Names Young as President, Barnard as...
Brown & Brown’s Nexus Agrees to Acquire Reinsurance MGA Arma in Dubai
Jan 2 2025 // Nexus Underwriting, a Brown & Brown group business, announced it has entered into an agreement to acquire Arma Fusion Ltd., the parent company of Arma Underwriting Ltd. Arma is a leading specialty reinsurance MGA based...
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...
Relm Launches 50-State MGA to Be Led by Lavigne
Dec 12 2024 // Specialty carrier Relm Insurance said it has launched a managing general agent licensed in all 50 states. Relm also said Keith Lavigne has joined as head of underwriting – US. He will report to Relm CEO and founder...
Cyber Specialty MGA Envelop Risk Extends Capacity Backing From MS Reinsurance
Dec 11 2024 // Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance for a further three years. Further to that, MS Reinsurance recently became...
Selectsys Max: The Future of Web-Based Insurance Management for MGAs and Wholesalers
Dec 2 2024 // This post is part of a series sponsored by Selectsys. Introducing Selectsys Max In the fast-paced world of insurance, MGAs and wholesalers need a management solution that is secure, highly customizable, and designed to...
