Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary R&Q Insurance (Malta) Ltd. has signed three new program underwriting partnerships – or fronting arrangements – with European managing general agents. They are: Futura, a Spanish MGA …
Global insurance wholesale brokerage AmWINS Group has formed two specialty managing general agencies focused on the marine industry, AmWINS Specialty Logistics Underwriters (ASLU) and Sentinel Marine Underwriters (SMU). Argonaut Insurance Co. is providing the insurance capacity for both ASLU and …
AmWINS Group Inc., the Charlotte, N.C.-based independent wholesale distributor of specialty insurance products, announced that Robert “Bob” Petrilli has been named president of the firm’s underwriting division, effective immediately. AmWINS’ underwriting division offers a variety of P/C programs for specific …
Sciemus, a specialty managing general agency (MGA), is undertaking a series of changes starting with a new name, Occam Underwriting. “Taking its name from ‘Occam’s razor,’ the problem-solving principle that the most straightforward solution is best, Occam Underwriting will bring …
Managing general agents (MGAs) are increasingly interested in working with insurtech firms to enable their businesses to become more customer-centric, according to a new survey of UK MGAs. More than 42 percent of survey respondents feel insurtech helps MGAs evolve …
While there’s a bright future for managing general agents that “get it right,” Grahame Chilton, CEO of Gallagher UK, warns against tolerating the few rogue MGAs who could ruin the reputation of the entire sector. Chilton, who will be stepping …
Beazley, the specialist insurer, has appointed Jo-Anne Hawthorne as territory manager for eastern Canada. Hawthorne will report to Cheryl Hobbs and will be responsible for developing closer relations with brokers in Ontario, Atlantic Canada, Ottawa and Quebec with a view …
Andrew Matson has been named leader of Aon’s newly formed Global Portfolio Broking team – a Reinsurance Solutions unit. Aon said the unit “will build on the success of established pioneering facilities, while developing new facilities in line with client …
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to a report published by Willis Re. For example, although most loss-free Florida property accounts were flat, some …
AFL Insurance Brokers Ltd. has acquired a controlling stake in specialist employer protection managing general agency (MGA) Concordia Employment Services Ltd., for an undisclosed sum. London-based Concordia was launched in 2015 to support UK employers with managing their risks and …
