Managing general agents (MGAs)
Evolving the insurance claims supply chain
The post-Covid world has thrown a wrench into the well-oiled machines of insurance claims. A persistent lack of resources – from car parts to building supplies – is causing delays and frustrations for both insurers and policyholders. In this environment, traditional supply chains are being put to the test. Izabela Chmielewska reports.
Zurich and Freedom Services partnership targeting £50m GWP in year one
Zurich UK has penned a five-year deal with managing general agent Freedom Services under which the insurer will provide capacity for an existing commercial vehicle book as well as a fresh telematics play.
MGAA’s Keating on the need for more data sharing
Trade Voice: Mike Keating, CEO of the Managing General Agents’ Association, says data sharing is a two-way street and capacity providers need to be more open with MGAs.
Mandy Hunt named as MD of Clear Group MGAs
The Clear Group has appointed former RSA chief underwriting officer Mandy Hunt as managing director of its managing general agent business.
British Insurance Technology Awards shortlist 2024 announced
Today Insurance Post can reveal the shortlist for the 2024 British Insurance Technology Awards.
Who’s next on Lloyd’s Big Game hit list after snagging Aviva?
Content Director’s View: With Aviva tipped to return to Lloyd’s in 2024, Jonathan Swift weighs up who else might be trailed, tracked and snared by the market’s CEO John Neal.
Q&A: Paul Jewell, Bridgehaven
Paul Jewell, CEO of Bridgehaven, talks to Insurance Post about the advantages of the hybrid fronting model and reinsurers’ reticence around motor business.
Diary of an Insurer: Aurora’s Lauren Stables
Lauren Stables, head of digital trading at Aurora, works on the start-up MGA’s next product launch, shares ideas with brokers and providers while also mucking out her horses and playing ball with her four dogs.
Deadline to enter British Insurance Technology Awards fast approaching
The countdown has started for you to get entries in for the inaugural 2024 British Insurance Technology Awards (BITAs).
Bridgehaven targeting 10 more MGA partnerships for 2024
Bridgehaven hopes to launch partnerships with 10 more managing general agents this year, CEO Paul Jewell has told Insurance Post.
Why the MGA sector will advance in 2024
Trade Voice: Mike Keating, CEO of the Managing General Agents' Association, argues MGAs are uniquely placed to meet the challenges that 2024 will bring.
Dilley departs Intact for Bridgehaven
Fronting insurer Bridgehaven has appointed Paul Dilley as its chief underwriting officer.
BP Marsh invests in AI Marine; Malago buys Mulberry; Antares appoints CFO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Q&A: Martin Parker, Markel
Martin Parker, head of construction at Markel, shares how the specialty provider will deliver specialist insurance that addresses the pain points faced by builders.
State National eyes five programmes for first year in UK
Markel programme services subsidiary State National is aiming to have “four or five” programmes up and running by the end of its first year of trading in the UK, Markel International’s Simon Wilson has said.
Atec Group chief reveals plan to grow business
Brendan Devine, CEO of Atec Group, has told Insurance Post the foundations are in place to achieve £25m in turnover in 2024 with growth coming from non-standard home insurance.
How AI is transforming Aurora’s underwriting
Bijal Patel, co-founder of Aurora, explains how the MGA is leading the way in taking a data science approach to underwriting and what skills insurers need to develop.
Trade Voice: MGAA’s Mike Keating on why collaboration is key to delivering claims outcomes
Mike Keating, CEO of the Managing General Agents’ Association, examines why more than half of MGAs think improvements to claims processes are needed.
Diary of an Insurer: Schemeserve’s James McNab
James McNab, a Wunderwriter at Schemeserve, trains for Lanzarote endurance running events, delivers obsessive support to brokers and MGAs, keeps his finger on the pulse of product development, and loves elevenses.
Top 75 MGAs 2023: £60m - £80m
Animal Friends, Arch Capital Group, Ardonagh Group, and Gallagher achieved MGA/MGU revenues between £60m and £80m from UK-based non-life risks in 2022.
Top 75 MGAs: Ardonagh
Ardonagh's main MGA-MGU activities dealing in UK-based non-life risks in 2022 included Geo Underwriting, Midas Underwriting, Thames Underwriting and Uris Group.