Castel News

MGA Newbridge Offers Political Violence, Terror Cover; Chaucer, Markel Provide Capacity

Newbridge Risk Partners, an underwriting cell on the Castel Underwriting MGA formation platform, has secured a new binder with Lloyd’s and London company market capacity to support the continuing growth of its political violence and terrorism insurance and reinsurance business. …

Altitude Risk Partners Appoints Audis as Senior Aviation Underwriter

Altitude Risk Partners, the global aviation and space underwriting business, has expanded its general aviation capabilities with the appointment of Martin Audis as senior underwriter. Audis joins from Starr Aviation where he was a senior underwriter for general aviation business. …

Castel Launches Corporate Underwriting Cell, Targeting African Reinsurance

Castel Underwriting Agencies Ltd., the London-based MGA formation platform, has launched its first corporate underwriting cell, working with One Re, a specialist African-focused reinsurer, to target facultative reinsurance business across Sub-Saharan Africa. The underwriting cell, called One Facultative Acceptances*, will …

U.K. MGAs Seek Greater Role in Claims Process: MGAA Matters Survey

Managing general agents are keen to be more involved in the claims process because they view claims as a core competence with an intrinsic link to underwriting, according to the latest MGAA Matters Survey.* The fourth quarterly MGAA Matters Survey, …

Castel Underwriting Agencies Appoints Powell as 1st Claims Manager

Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed Vanessa Powell as its first claims manager. Powell joins from Mitsui Sumitomo Insurance Group where she was aviation claims manager. She has over 30 years’ experience across all classes …

Newbridge Writes Political Violence, Terrorism Risks via Castel MGA Platform

Newbridge Risk Partners has launched operations on Castel Underwriting Agencies MGA formation platform, targeting political violence and terrorism risks in emerging markets. The new underwriting cell will be focused on the emerging markets regions including, but not limited to, MENA …