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The American Association of Managing General Agents (AAMGA) has welcomed the news that Lloyd’s is to allow multi-year binding authority agreements of up to 36 months—a change that the AAMGA had wanted for many years. 27 October 2015
Insurance
Following an in-depth business and financial review, S&P Global Ratings believes Marsh&McLennan (MMC) will likely be committed to and able to de-lever back to a range appropriate for the firm’s current rating despite a very significant increase in debt to fund its acquisition of insurance broker JLT. 8 October 2018
Insurance
Insureon, an online agent for small-business insurance, has formed a managing general agent (MGA), Insureon Underwriting Managers, to operate under the company’s wholesale brokerage subsidiary, Insurance Noodle. 22 July 2016
Insurance
The new hire brings extensive market experience and senior leadership skills to the broker. 25 October 2021
Insurance
He joins from ArgoGlobal, having previously held senior roles at JLT and RK Harrison. 13 December 2021
Alternative Risk Transfer
Mapfre Global Risks, the unit of Spain’s insurance firm Mapfre that specialises in providing insurance solutions for multinationals, has appointed Kieran Wilson as energy underwriter as part of its international growth strategy in London. 9 August 2017
News
Ariel Re, a subsidiary of Bermuda-based Argo Group, has launched the Xuber for Reinsurers platform across its Lloyd's and Bermuda businesses. 2 March 2017
Insurance
Bermuda-domiciled insurance and reinsurance holding company Paraline has appointed Paul Rayner as active underwriter of Paraline Syndicate 4242 and SPA 6123. 21 March 2018
Insurance
Reinsurer Everest Re has received in principle approval from Lloyd’s to found Everest Syndicate 2786. 11 September 2015
Insurance
Anne Middleton, Head of portfolio optimisation, Convex. 2 July 2024
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