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 to offer a more tailored approach …
While the Lloyd’s market reported its best first-half profit in 17 years, it isn’t resting on its laurels. It is carefully monitoring areas where potential vulnerabilities have been identified. During a recent market briefing, Rachel Turk, Lloyd’s chief underwriting officer, …
Miller, the leading independent specialist re/insurance broker, announced the expansion of its Delegated Authority team with the appointment of five new hires to form a dedicated Canadian unit. The new team will be formed by Steve Maslen, Matt Dear, Mike …
This edition of International People Moves details appointments at Aon, Miller and Mt. Logan Re. A summary of these new hires follows here. Aon Names WTW’s Kennedy as UK Client Industry Sector Leader Insurance broker Aon plc has named David …
Brit Ltd. announced it has piloted the first continuous binder at Lloyd’s for delegated authorities, which will go live in January 2022. Continuous contracts form a key part of the Future at Lloyd’s vision for delegated underwriting, said Brit. The …
Insurance software specialist, Sequel, a Verisk business, announced its latest initiative, Sequel Hub, which is described as a flexible solution designed to simplify the distribution of standalone products and delegated authority business. The Sequel Hub launches with over 10 carriers …
Consilium, the London-based insurance and reinsurance broker, part of the Aventum Group, has unveiled “Exponential,” a new global delegated underwriting authority (DUA) service for coverholders, which aims to disrupt the prevailing market for binder placements and help coverholders grow their …
These international People Moves detail appointments at three insurance brokers: TigerRisk Partners, Lockton Re and Miller. A summary of these new hires follows here. TigerRisk Partners LLC, the Stamford, Conn.-based global insurance and reinsurance broker, announced it will appoint James …
This wrap-up of international People Moves details recent appointments at three London-based brokers: BMS, Incepta (a subsidiary of Goldman Sachs-backed Aston Lark), and Oneglobal Broking. A summary of these new hires follows here. BMS, the London-based specialist insurance and reinsurance …
Allianz Global Corporate & Specialty (AGCS) and Nexus Group announced a four year strategic underwriting and claims delegated authority agreement for small and medium-sized enterprises (SMEs) customers. Nexus, a specialty managing general agent, will underwrite and handle claims for primary …
