Latest Insurance Wholesale Headlines
All the headlines from our Insurance Wholesale Topic Page, ordered by recency.
Ascent Increases U.S. Medical Billings E&O Limits, Adds Reputational Harm Cover
Jul 24 2014 // Ascent Underwriting, a managing general agent (MGA) specializing in emerging and professional risks, has enhanced its CyberPro medical billings errors and omissions product and increased limit availability to $5...
CGS&C’s New MGA Targets U.S. Healthcare Industry with Lloyd’s
Jul 22 2014 // Wholesale insurance broker Cooper Gay Swett & Crawford (CGSC) has launched an underwriting management agency specializing in the healthcare industry. The new venture, Pro-Praxis Insurance, will be led by Robert Allen...
ANV Opens Cyber/Media MGU for U.S. Small Business with James River
Jun 20 2014 // ANV Holdings BV, a Dutch specialty insurance business, has opened a U.S. managing general underwriter focused on communications and data security risks for “Main Street” U.S. businesses. Leib Dodell, a veteran...
ANV Launches U.S. Managing General Underwriter for D&O
Jun 18 2014 // ANV Holdings BV, the specialty insurance business, headquartered in the Netherlands, announced the opening of its first U.S. Market Managing General Underwriter (MGU), to be led by Peter McKeegan. ANV said the “team...
Top 10 Reasons to Write Recreational Vehicle Insurance
Jun 16 2014 // It’s summertime, and that means millions of active people are outside enjoying their recreational vehicle of choice. Virtually all RVs require some form of insurance protection, whether it’s for the vehicle...
Castel Underwriting Appoints Posner COO to Support Growth Plans
Jun 12 2014 // UK-based club-style MGA formation platform Castel Underwriting Agencies announced the appointment of Mark Posner as its chief operating officer. He will report to CEO, Mark Birrell, and lead the continued development of...
Poll Finds UK MGA’s Priority: Seek Organic Growth in New Product Lines
Jun 5 2014 // Members of the UK’s Managing General Agents’ Association (MGAA) are “prioritizing the development of new business lines and products to drive organic growth over the next three years according to the...
Gallagher Buys Florida’s MGA Insurance Group
May 28 2014 // Arthur J. Gallagher & Co. said it has acquired MGA Insurance Group of Lakewood Ranch, Florida. Terms of the transaction were not disclosed. Established in 1989, MGA Insurance Group (MGA) is a national program...
Changing MGA Market, Specialization and the Future: Hanover Excess & Surplus’s Letson
May 19 2014 // Matthew Letson, incoming president of the American Association of Managing General Agents (AAMGA), found the insurance industry like most do – by accident. After college, he landed a job at Markel doing marketing...
Insurance Wholesale Broker Insential Appoints Mileski Senior VP in Illinois
Apr 29 2014 // Insential Inc., a full service property and casualty insurance wholesale brokerage, appointed Stephen Mileski as senior vice president in its program division in Illinois. He will be responsible for developing P/C program...
Lloyd’s Focuses on Brokers, MGA’s, Capital in New Details for ‘Vision 2025’ Plan
Apr 21 2014 // Lloyd’s has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving its goals, embodied in its “Vision 2025” Plan, which details “how the Corporation will...
London-Based MGA Nexus Forms New Specialist Product Line
Apr 15 2014 // The London-based Nexus Group, a Managing General Agency (MGA) announced the formation of a new specialist product line covering a wide range of accident, sickness and travel insurance, written on a direct and facultative...
Marketform Secures Baltic Region Coverholder – a First for Lloyd’s MGA’s
Mar 6 2014 // Specialist Lloyd’s underwriter Marketform announced that it is the first Lloyd’s Managing Agency to secure a coverholder in Lithuania, one of the fast-emerging countries in the Baltic region. “Initially...
Salzwedel Named CEO of Michigan-Based Insurance Wholesaler, Grand General
Feb 27 2014 // Great Lakes regional insurance wholesaler, Grand General Agency in Grandville, Mich., has promoted John Salzwedel to the position of chief executive officer. Salzwedel has been with Grand General since 1997 and has...
MGAA Elects 3 New Members to Board; Brown Awarded Honorary Life Membership
Feb 25 2014 // The Managing General Agents’ Association (MGAA) announced the election of Darren Doherty of Pioneer, Jeff Turner of Miramar and Catherine Bell of inet3 to its board at its annual general meeting. They join existing...
MGAA Members Back Lloyd’s Delegated Authority Plans
Feb 11 2014 // Representatives of over 75 percent of the UK’s Managing General Agents’ Association (MGAA) member organizations gathered yesterday to hear Peter Montanaro, Head of Delegated Authorities at Lloyd’s, set...
Bobbs, Hoefle Join Insurance Wholesaler All Risks Ltd. in Dallas
Feb 5 2014 // Jonathan Bobbs and Aaron Hoefle have joined independent insurance wholesaler, All Risks Ltd., in Dallas. Bobbs, a brokerage underwriter at All Risks, has expertise in property business. Bobbs previously was a national...
Fisher Joins Michigan Insurance Wholesaler, Grand General Agency
Feb 3 2014 // Grandville, Mich.-based Grand General Agency, a Great Lakes regional wholesaler, has welcomed Jamie Fisher to its team. Fisher will be serving the independent agents of Wisconsin and Minnesota as Grand General’s...
Texas Insurance, Vietnam Veteran Lyle Ashley Passes Away
Jan 30 2014 // Lyle Ashley, decorated Navy veteran, insurance agency founder, and well-known professional in Texas insurance circles, passed away Jan. 24, 2014. Ashley, 69, received The Vietnam Service Medal with two bronze stars for his...
Altitude Risk Partners Launches 1st Underwriting Cell on Castel’s MGA Platform
Jan 23 2014 // Castel Underwriting Agencies Limited, a member of the Barbican Insurance Group, announced that Altitude Risk Partners has become the first underwriting cell to utilize its “club-style” MGA platform to create a...
