MGA TPL specialist Carisma targets European growth

Carisma, a newly licensed MGA (managing general agent), is gearing up for its entry in the European non-life insurance and reinsurance market. Led by chief executive Clelia Letona, the company plans to start trading in Spain in the fourth quarter of 2024, with Ireland, Romania, and France to follow soon after. Carisma specialises in third-party liability (TPL), with a particular focus on the automotive and mobility sectors.