managing general agents News

Lloyd’s Coverholder, Arma Underwriting, Launches in Dubai with MENA Focus

Asta, the Lloyd’s third party managing agent and specialist MGA investor, announced that Dubai-based Arma Underwriting Ltd. has received full approval from all regulators and commenced operations last month. Asta-backed Arma is an approved Lloyd’s coverholder that writes multi-line re/insurance …

Advent Solutions to Create $100M Business in Global Delegated Authority Market

Advent Solutions Management, the specialist provider of support services for start-ups, entrepreneurs and managing general agents, announced plans to create a multi-discipline insurance business with gross assets of US$100 million. Advent will target growth in the global delegated authority market …

Specialty Insurance Veteran Launches MGA Holding Company: DOXA

A group of investors led by Matthew Sackett, former senior vice president of national sales for K&K Insurance and former president and CEO of Leisure Sports Specialists, has announced the formation of DOXA Insurance Holdings LLC (DOXA). The Fort Wayne, …

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, …

California DMV Agreement Changes How Motor Vehicle Records Are Handled

California agents and brokers are being notified of a new change to how they can handle motor vehicle records. An agreement between representatives from the insurance industry and the California Department of Motor Vehicles eventually enabled the DMV to revise …

Global Risk Partners Hires Lewer to Lead E-Trading; Lee for e-Trade Underwriting

Simon Lewer has joined Global Risk Partners Limited (GRP)* as the chief operating officer of its MGA Division, with responsibility for the development of GRP’s electronic trading initiatives. He also has been appointed as the electronic trading director of Plum …

Thornton Named Managing Director of Global Risk Partners’ Retail Broking Unit

Global Risk Partners Limited (GRP)* is pleased to announce that Neil Thornton will be joining as managing director of GRP’s Retail Broking business. Thornton was previously head of the Commercial Division of Bluefin Insurance Services and before that managing director …

JLT’s Thistle Insurance Appoints Williams as Managing Director, Robinson as COO

Thistle Insurance Services Limited, part of Jardine Lloyd Thompson Group plc, the UK-based provider of insurance, reinsurance and employee benefits-related advice, brokerage and associated services, announced two key appointments to its executive board. Paul Williams has been appointed managing director …

UK-Based MGAA Exceeds 100 Members With Century Underwriting

The Managing General Agents’ Association (MGAA), the UK-based organization dedicated to representing true MGAs, has exceeded the 100 member mark following the addition of commercial lines specialist Century Underwriting. Following a raft of recent applications the total number of full …

AAMGA Looks to Expand Membership

After a two year process in which the board of directors of the American Association of Managing General Agents (AAMGA) has examined the changing demographics within the wholesale insurance space, the board has voted to expand its membership to bring …