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Towerstone Acquires Ohio Wholesale Insurance Broker Jacobs & Associates

Apr 8 2021 // Towerstone, a Dallas-based wholesale insurance division of IMA Financial Group, has acquired Jacobs & Associates, a general agent and excess and surplus lines broker based in Strongsville, Ohio. The transaction was...

Smart Home Insurance Specialist, Hiro, Partners with MGA Incubator Pro MGA Solutions

Apr 8 2021 // Independent global managing general agency incubator platform Pro MGA Solutions (Pro.MS) announced it has partnered with smart home insurance specialist Hiro. London-based Hiro has developed a home insurance product that...

AM Best Plans to Assess MGAs, Other Delegated Authority Entities

Apr 5 2021 // With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in recent years, AM Best has decided it is time to deliver assessments of...

Assessing Delegated Underwriting Authorities, MGAs: AM Best Explains

Mar 18 2021 // Over the last decade, as insurers and reinsurers have sought profitable opportunities for growth, they increasingly have handed the underwriting pen to managing general agents, managing general underwriters, program...

AM Best Plans to Assess MGAs, Other Delegated Authority Entities

Mar 17 2021 // With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in recent years, AM Best had decided it is time to deliver assessments of...

Specialist MGA CFC Acquires Australian Cyber Security Firm, Insane Technologies

Mar 17 2021 // CFC, a specialist managing general agent, announced it has acquired Insane Technologies, an Australian cyber security and incident response provider. Financial details of the transaction were not disclosed. The deal is...

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