Pro Global Holdings rebrands Vibe MGA Management as part of expansion strategy
Pro Global Holdings has confirmed the immediate rebranding of its Vibe MGA Management to Pro MGA Solutions Ltd in the UK, after receiving regulatory approval.
The global re/insurance outsourcing and consulting specialist said the change is part of its strategy to expand its global insurance distribution services and MGA incubator offering.
The rebrand to Pro MGA Solutions follows the parent company’s acquisition of Vibe MGA Management, based in London, in April this year. The deal was approved by UK regulators the Financial Conduct Authority in September.
The global re/insurer said its Pro MGA Solutions will work with Pro’s global MGA operations which also include Pro MGA Solutions, based in York in the US while further European expansion is also planned in the coming months.
Artur Niemczewski, CEO of Pro Global, said: “It’s hugely exciting to be working with Danny and the global Pro MGA Solutions team to expand our global distribution services offering. The rebrand to Pro MGA Solutions Ltd in the UK paves the way for the combined Vibe MM and Pro teams to continue their dynamic growth journey, responding to strong demand for international reach, expert service and growth support capabilities in this space.
“Uniquely, we can help clients look at opportunities on both a local and a global level, giving access to opportunities they might not have previously been able to reach. We believe there are many great opportunities for carriers and brokers to break into new areas, broaden distribution options, geographic presence and product ranges through the MGA structure.”
He added: “The MGA business model is at the forefront of what insurance will look like in the future, and indeed is at the top of many strategic agendas as carriers and other risk capital partners look to grow into areas they previously thought were unattainable.”
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