Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Breckenridge Insurance Services Promotes Emily Gosch to Vice President/Broker
Feb 4 2020 // Atlanta, GA, February 4, 2020 — Breckenridge Insurance Services is pleased to announce the promotion of Emily Gosch to vice president, property and casualty broker from associate broker. Gosch has been with the company...
Pro Global and VIPR Form Partnership to Deliver End-to-End Solution for MGAs
Jan 30 2020 // Pro Global Holding Ltd., global re/insurance outsourcing and consulting specialists have formed a partnership with VIPR, a software provider that focuses on delegated authorities. This move will see the two combine their...
California Insurance Wholesalers Look at Gig Economy Law
Jan 27 2020 // A sweeping California gig economy law was the focus of a lot of the talk this year during an annual insurance wholesalers conference. Assembly Bill 5, California’s gig worker law was signed by Gov. Gavin Newsom in...
Specialist MGA CFC Acquires London Insurtech Firm, ThreatInformer
Jan 23 2020 // CFC, the specialist managing general agent, announced it has acquired the London-based insurtech firm, ThreatInformer. Leveraging a combination of artificial intelligence and machine learning, ThreatInformer’s data...
MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty
Jan 17 2020 // Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into...
Gig Economy Law Talk of California Insurance Wholesalers Conference
Jan 15 2020 // A sweeping California gig economy law was the focus of a lot of the talk this year during an annual insurance wholesalers conference. Assembly Bill 5, California’s gig worker law was signed by Gov. Gavin Newsom in...
U.K. Broker Tysers Invests in Bermuda-Based MGA, Helix Underwriting Partners
Jan 15 2020 // Tysers, the London-based broker, announced it has taken a minority investment in Bermuda’s newly formed and first independent managing general agent Helix Underwriting Partners Ltd. “As we enter the 200th year...
BPB UW Management Launches Underwriting Agency as MGA Incubator
Jan 14 2020 // BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive...
MS Amlin Launches Specialist Equine MGA, David Ashby Underwriting
Jan 13 2020 // MS Amlin, the London-based re/insurer, announced the launch of David Ashby Underwriting Ltd (DAU), a specialist equine MGA. MS Amlin will serve as lead underwriter for the MGA and provide 50% of capacity for DAU through a...
Coverys European Holdings Buys AEC SpA, Rome-Based Lloyd’s Coverholder, Broker
Jan 9 2020 // Coverys European Holdings Ltd. (CEH), the London-based agency platform that invests in managing general agencies (MGAs) in Europe and the U.K., announced it acquired AEC SpA, a Lloyd’s coverholder, broker, third...
Nexus Specialty to Offer Admitted Trade Credit Products through Crum & Forster
Jan 7 2020 // Nexus Specialty Inc., part of MGA Nexus Group, has formed a new program agreement with Crum & Forster that allows Nexus to underwrite their trade credit products on a fully admitted basis in the U.S. Nexus Specialty...
Digital MGA Clearcover Raises $50M; Plans on Entering More States, Becoming Carrier
Jan 6 2020 // Clearcover, a digital managing general agent focused on auto insurance, said it has raised $50 million in new financing. The company said the money will be used to accelerate further national growth as well as further its...
U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners
Jan 3 2020 // Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel...
Program Underwriters Seek ‘New, New’ Spaces While Administrators Embrace Insurtech
Dec 31 2019 // Fueled by efficiencies introduced by insurtechs and underwriters’ interest in niche classes, the insurance program business has experienced impressive growth the last few years. But heavy interest is also forcing...
Specialty Property Program Team of Blue River Underwriters Welcomes James D. Skelton
Dec 20 2019 // Atlanta, GA, December 20, 2019 — Blue River Underwriters, a Breckenridge Insurance Group company, announces the hiring of James D. Skelton, underwriter, to the specialty property program team based in Glen Allen,...
Cannabis Risk Management Group Plans to Offer Insurance Program
Dec 17 2019 // A national group offering risk management advice to the cannabis industry says it is creating a casualty insurance program to provide its members with insurance. The National Cannabis Risk Management Association (NCRMA)...
Guy Carpenter, MGA Victor to Offer Coverage to U.S. Public Entity Pools
Dec 11 2019 // Managing General Underwriter Victor is now offering Guy Carpenter clients who are members of U.S. public entity insurance pools a range of property and casualty insurance products not traditionally offered by the...
Brown & Brown to Acquire Canadian MGA Special Risk Insurance Managers
Dec 10 2019 // Brown & Brown Programs Inc. has agreed to acquire the assets of the British Columbia, Canada-based managing general agency Special Risk Insurance Managers (SRIM). The transaction is expected to close effective January...
Lisa Ebos Returns to Blue River Underwriters as SVP, Senior Underwriter of Contractors Programs
Dec 9 2019 // Atlanta, GA, December 9, 2019 — Blue River Underwriters, a Breckenridge Insurance Group company, welcomes the return of Lisa Ebos, CRIS, CPL as senior vice president, senior underwriter of the contractors’ programs...
Breckenridge Insurance Services Hires VP, Broker Christina Mertens
Dec 5 2019 // Atlanta, GA, December 5, 2019 — Breckenridge Insurance Services is pleased to announce the addition of Christina Mertens as vice president, property and casualty broker. Mertens has twenty years of insurance industry...
