MGA incubator News

MGA Incubator Castel Taps Carlos from Arch Insurance as Head of Specialty

Castel Underwriting Agencies Ltd., the managing general agent and club-style MGA formation platform, has announced the appointment of Raoul Carlos as head of Specialty as it structures its underwriting cells and MGAs into a number of centres of excellence focused …

BPB UW Management Launches Underwriting Agency as MGA Incubator

BPB UW Management Ltd (BPBUW) has launched an underwriting agency focused on nurturing individual MGA businesses. Its executive team is led by Chairman Jonathan Palmer-Brown, CEO John Holm, COO Margaret Ryan and Executive Director Robin Blunt. BPBUW’s business strategy is …

Specialty MGAs Continue to be Popular Acquisition Targets

With growth prospects becoming rarer in the continuing competitive insurance market, carriers are among three sets of buyers fueling a hot M&A environment for specialized managing general agencies, representatives of GC Securities said Sunday. In a blog item on Guy …