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Insurance
The use of managing general agents (MGAs) has increased in response to tough market conditions and the changing business model of the re/insurance industry. Below, Intelligent Insurer profiles 50 of the leading MGAs by turnover, comparing year on year pre-tax and operating profit. 7 May 2015
Insurance
Pioneer Underwriting, a specialist Managing General Agency (MGA), has created a North American Primary PI underwriting unit, continuing with its development strategy. 17 May 2013
Insurance
Lloyd’s insurer Novae Group reported a loss in the first half of 2017 following the announcement that the business will be acquired by AXIS Capital Holdings. 2 August 2017
Insurance
Given some of the headlines and predictions of big rate hikes in the aftermath of the 2017 cat losses in the US, most buyers will be pleased with what remains a relatively stable environment for rates as they head to Monte Carlo, Mark O’Riordan, group reinsurance director at Ecclesiastical, told Monte Carlo Today. 9 September 2018
Insurance
Some insurers are implementing only the minimum data protection standards as required in a jurisdiction—but this approach will cause problems for them, according to Darren Wray, CEO of consultancy firm Fifth Step. 13 September 2017
Insurance
Specialist reinsurance broker Capsicum Re has expanded its cyber team with the appointment of Patrick Bousfield and Jane Palmer as brokers, and Alice O’Dwyer-Smith as account manager. 27 July 2016
Insurance
International broker Arthur J Gallagher & Co (AJG) has acquired wholesale broker Joseph Distel & Co (Distel) in Farmington, Connecticut. 31 March 2016
Insurance
Skuld, a protection and indemnity (P&I) club for Scandinavian shipowners grew profitability in the 2016 financial year ending February 20, 2017 as the frequency of regular claims remained low and due to a “strong” return on investments. 12 May 2017
article
Specialist Lloyd's underwriter Marketform has completed a strategic review of the underwriting area of its business and has confirmed which lines it is committed to going forward. 29 March 2016
News
ISO, a provider of information about property/casualty insurance risk, has launched a series of inland marine insurance forms to help protect businesses from liabilities associated with the potential crashes of commercial drones including damage to the drones, their equipment, and their cargo. 29 March 2016
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