MGA will be run by insurer's London-based syndicate

QBE has acquired US-based underwriting agency Burnett & Co for an undisclosed sum.

The deal was announced late last year, as were four other purchases, including the acquisition of ZC Sterling Corporation.

Burnett is a managing general agency, specialising in marine and energy liabilities. It has two offices, 20 staff and annual premium in excess of $70m (£49.6m).

Burnett will be managed from London by QBE Marine & Energy Syndicate 1036, under managing director Colin O’Farrell.

Burnett will continue to trade under its existing name.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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