MGA News – Page 41
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NewsBroker and MGA Yutree hits £10m GWP in first decade of business
Backing two Biba schemes and boosting its presence in the media and entertainment sector were both key in helping the firm hit this milestone
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NewsMGA Atrium Underwriters sees £38m boost in 2021 underwriting profit
The business also saw a big jump in total comprehensive income, despite natural catastrophes ‘making it one of the costliest years on record’, says chief executive
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NewsBGL Insurance adds Arch Re-owned MGA to insurer panel
Following the MGA’s acquisition last year, BGLI’s associate director believes now is the ‘ideal opportunity’ to link up
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NewsArag and MGA ink deal to cover construction industry risks
The MGA sees this as a ‘significant opportunity’ to differentiate its proposition
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NewsUK General Insurance partners with insurtech on new product
The cover is designed for students, young professionals and renters as the partners eye creating a ‘fundamental’ change in contents insurance, says insurtech founder
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NewsCFC hires ex-Lloyd’s boss as non-executive chairman
The MGA’s group chief executive describes the appointment as ‘a tremendous asset’ for the growing business
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NewsSam White reveals corporate psychologist as new Freedom Services Group chief executive
Incoming boss seeks to provide ‘therapy for the whole business’ to eliminate organisational obstacles, says White
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NewsPen Underwriting inks multiyear capacity deal extensions with QBE
The businesses have worked together for the past 20 years
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NewsPrivate equity company finalises Direct Commercial Group investment
DCG’s founder and chief executive will remain the majority shareholder
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NewsXS Direct no longer accepting new business
Ceasing renewals business will follow on 1 March 2022
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NewsPine Walk Capital boosts platform with sixth MGA launch
The new managing agent underlines the platform’s ‘ambitious’ five-year growth agenda’, says chief executive
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NewsFCA shuts down Tifgroup’s claims handling and insurance distribution services for previous partners
The regulator specifies that ‘Tif must not carry on any insurance distribution activities in relation to any new policies for any customer resident in the UK’ with regards to the firm’s past insurer partnerships
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NewsBlink Parametric partners with travel insurance MGA
The insurtech’s head of product believes the partnership provides reassurance to customers as ‘travel is still on a path to recovery’ following the Covid-19 pandemic
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NewsMGA First Underwriting secures £1bn five-year capacity deal
The deal will fuel the MGA’s next phase of growth while providing capacity for new products
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NewsOptio Group buys warranty and indemnity MGA
The MGA says its latest purchase confirms financial lines as ‘a core underwriting pillar’ for the business
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NewsAviva inks five-year deal with Basildon-based MGA
The deal builds on the pair’s existing motor and non-standard home partnership
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NewsCFC creates London market healthcare division
CFC believes that having experts come together will help navigate emerging threats to patient safety
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NewsPersonal lines MGA appoints new chief underwriting officer
The new hire ‘will play a pivotal role’ in helping the business achieve ‘profitable growth’
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NewsMarkerstudy set to acquire BGL Insurance
The combined businesses form “one of the fastest growing players in UK general insurance”, according to investment management firm partner
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NewsBackchat December 2021
Insurance as a ’silent hero’ in Christmas movies, Christmas tree woes and a lot of birds - what has the insurance industry been up to of late? You heard it here first…
