Pine Walk Capital News

Fidelis MGU and Castlelake Launch Aviation-Focused ‘Itasca MGA’

Pine Walk Capital Ltd., a specialist MGA platform and wholly owned subsidiary of specialty re/insurer Fidelis MGU, and Castlelake L.P., a global alternative investment manager, announced the launch of an aviation-focused managing general agent Itasca MGA. Itasca MGA will specialize …

MGA Platform Pine Walk Launches Political Risk, Non-Payment MGA

Pine Walk Capital Ltd., the London-based specialist MGA platform and Fidelis subsidiary, has launched a seventh MGA, Pernix Specialty Ltd., which specializes in political risk and non-payment risks. Pernix will be led by CEO Kade Spears and CUO Caroline Coulson. …

Specialist MGA Platform Pine Walk Launches Energy Liability MGA, OPEnergy

Pine Walk Capital Ltd., the London-based specialist MGA platform, has announced the launch of its sixth MGA, OPEnergy Ltd. OPEnergy received regulatory approval from the UK regulator on Jan. 6, 2022 and will write onshore and offshore energy liability risks, …

Fidelis Takes Equity Stake, Provides Capacity, for Energy Market MGA, Kersey Specialty

Fidelis Insurance announced it has taken an equity stake in a new managing general agent, Kersey Specialty Ltd., and will be providing underwriting capacity. London-based Kersey will focus on the upstream energy subscription market insurance and will be managed through …

Fidelis’ MGA Firestone Rebrands to Oakside

Fidelis Insurance announced it has rebranded its managing general agent (MGA), Firestone Surety Ltd., to Oakside Surety Ltd. London-based Oakside is focused on the small and medium-sized enterprises sector of the surety market and is managed through Pine Walk Capital …

Fidelis Takes Equity Stake in New MGA Firestone Surety

Fidelis Insurance announced it has taken an equity stake in a new managing general agent (MGA) Firestone Surety Ltd., and will provide underwriting capacity. Details about the amount of Fidelis’ investment and capacity provision were not released. London-based Firestone will …

Fidelis Launches Treaty Excess-of-Loss MGA, via New MGA Platform Pine Walk

Bermuda-based Fidelis Insurance announced it has launched its first managing general agent (MGA), called Radius. The MGA will be run by Rob Ashton and will focus on niche specialty treaty excess of loss business, such as cyber, nuclear and personal …