February 4, 2016
London-based Hyperion Insurance Group, an international insurance intermediary, has confirmed the permanent appointment of Talbir Bains as chief executive officer of DUAL Group, an MGA and Hyperion’s international underwriting arm. The vision of DUAL is to continue to grow and …
February 3, 2016
Ryan Specialty Group, the Chicago-based global specialty insurance services business, has completed its acquisition of Hunter George & Partners Ltd., the London-based specialist managing general agent, focused on providing insurance solutions for mergers and acquisitions. The deal, which was previously …
February 2, 2016
Aspen Managing General Agency (MGA) announced it is entering the Texas private passenger auto market on March 1, 2016, led by industry veteran Paul Harrison. Aspen MGA is a division of Allstar Financial Group, an Atlanta-based holding company with multiple …
January 20, 2016
Cobalt Insurance Holdings Ltd., the London-based provider of Shariah compliant insurance and reinsurance has announced a strategic investment by Armour Group Holdings Ltd., the Bermuda-based diversified insurance group. Financial considerations were not disclosed. The strategy of Bermuda-based Armour focuses on …
January 8, 2016
Ryan Direct Group (RDG), the insurance services business and part of Chicago-based Ryan Specialty Group (RSG), has entered into agreement to acquire Northern Ireland-based MGA Midas Underwriting, subject to regulatory approval. The financial considerations were not disclosed. Derek Coles, RDG …
December 2, 2015
Ascot Underwriting Ltd., the London-based Lloyd’s managing agency, has appointed Simon Kimberley as chief underwriting officer of Ascot Underwriting (Bermuda) Ltd. Kimberley transferred to AUB in 2014 as underwriter and was formerly an underwriter with Ascot’s treaty team in London. …
December 1, 2015
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 …
November 16, 2015
Ryan Specialty Group (RSG), the Chicago-based global specialty insurance services business, has reached an agreement to acquire Hunter George & Partners Ltd., the London-based specialist managing general agent (MGA) focused on insurance solutions for mergers and acquisitions. Hunter George founders …
October 28, 2015
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 …
October 12, 2015
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 …