News

Insurance

MGAs want a single process to assess insurer risks

Managing general agents (MGAs) view conduct risk as a business differentiator but want to see a single standard process to assess risks adopted by insurers and capacity providers, according to the latest MGA Matters survey from the Managing General Agents' Association (MGAA).   25 April 2016

Alternative Risk Transfer

Brit reveals new ILS platform for UK market

Specialty re/insurer Brit has unveiled a new multi-arrangement insurance special purpose vehicle to write general collateralised reinsurance for multiple cedants via Brit’s distribution network in the London market.   19 November 2018

Insurance

Darag buys UK-based insurer in run-off, The Underwriter

International re/insurance firm Darag has bought The Underwriter, a UK-based insurer in run-off.   22 July 2019

Insurance

Castel appoints new non-exec chairman in expansion move

London-based Castel Underwriting Agencies, a managing general agent (MGA) formation platform, has appointed Bob Cowdell as its first independent non-executive chairman.   2 July 2018

Insurance

MGAA chairman steps down as successor is named

The Managing General Agents’ Association (MGAA) has appointed Charles Manchester as its chairman following the decision of James Gerry to stand down.   8 September 2016

Insurance

ABI sets up new climate change committee to drive industry’s strategy and progress

Former ABI chair Andy Briggs takes on a new role to help coordinate and collectively tackle the impact of climate change.   8 March 2021

Insurance

Aon-WTW merger deal gets thumbs-up from proxy advisers Glass Lewis and ISS

Independent advisers believe the $30 billion all-stock deal is 'strategically and financially compelling'.   11 August 2020

Insurance

Nexus appoints innovation strategy specialist in expansion move

Specialty managing general agent (MGA) Nexus Group has appointed Karen Morris to its board as an independent non-executive director of underwriting operations.   28 June 2018

Insurance

Carbon Underwriting harnesses global coverholder network to support trees for cities

It intends to become a globally carbon-neutral business by the end of 2022.   20 April 2021

Insurance

Willis CEO ‘proud’ of results as it enjoys solid organic growth and profits

The broker’s quarterly profit surged by 646 percent and organic revenue grew 7 percent.   28 October 2021

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