Optio Group News

London MGA Optio Acquires Nuclear Insurance Specialist MGA Northcourt

LONDON — Optio Group, a specialty managing general agency, said it has acquired nuclear risk specialist Northcourt for an undisclosed sum. Launched in 2010, Northcourt is an MGA licensed to underwrite nuclear property and liability risks globally, with clients across …

U.K. MGA Optio Buys Political Violence and Terrorism MGA, Newbridge Risk Partners

Optio, the London-based MGA that comprises Ascent Underwriting, Cove Programs and broker Bay Risk Services, announced it has acquired specialist political-violence and terrorism MGA Newbridge Risk Partners from Castel Underwriting Agencies Ltd., the club-style MGA formation platform. Financial details of …