Managing general agents (MGAs)
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
MUM launches D&O product
Specialty lines broker-only managing general agent Manchester Underwriting Management has unveiled a new directors and officers product.
Broking review of the year: A breakdown in momentum
2010 was a fairly low key year for the broking market, as the sector kept a low profile during the financial turmoil. Daniel Dunkley reports on the opportunities that were taken up and deals made.
Detica warns MGAs over SII data challenges
Information intelligence firm Detica has warned Lloyd’s managing agents not to underestimate the data management challenges of the Solvency II directice.
MGAA issues call to arms
Managing General Agents' Association steering committee chair Reg Brown has warned its potential membership that a failure to back the fledgling trade association would represent a missed opportunity.
Claims supplement - London Market Modernisation: We've come a long way
The introduction of the electronic claims file system has modernised the way the London market handles losses. Jane Bernstein reports on where these advances may lead next.
70 MGAs gather at Lloyd's to discuss new trade association
UK managing general agents need their own association to respresent and support this important sector of the insurance industry.
Keychoice selects Cunningham Lindsey as claims partner
Keychoice Underwriting has chosen loss adjuster Cunningham Lindsey as its claims management partner.
Evolution launches Iphone app for brokers
Evolution Underwriting has launched a service that allows brokers to manage customers, policies and quotations via their Iphones.
Roundtable - mergers & acquisitions: Cautiously navigating the upturn
Recession and recovery, global ambition, super-mergers, market appetite, pricing, marrying business cultures and managing brokers' expectations were all topics of deeply involved discussion as a panel of industry big-hitters jousted at a recent Post and…
MGA looks to RSA for new director
Broker-only managing general agent Manchester Underwriting has announced the appointment of Danny French as a director of the business.
Penny Black's insurance week
The first day at a new job can certainly be stressful, what with new colleagues and a host of new challenges.
Interview - Ray Cox: True Brit
Brit may have taken its time in naming a new UK CEO, but now Ray Cox is in place he tells Jonathan Swift he is eager to build on his forerunner's legacy.
Cullum snares BIB businesses
Cullum Capital Ventures has completed the acquisition of two businesses in the North east of England.
Former Axa and HSBC manager Wheddon to head up R&Q MGA start up
Randall & Quilter has received regulatory approval for its first two group owned managing general agents, R&Q Commercial Risk Services and R&Q Risk Services Canada. Both MGAs have now commenced underwriting.
Ink in ‘unique’ position with rebrand
Giles-owned Ink Underwriting Agencies has rebranded as Ink Insurance in a move to become a one-stop shop for smaller brokers struggling to place business with insurers.
Trio joins Markel's MGA business
Markel International has sought to strengthen its managing general agent division with three senior appointments.
JLT CEO Burke "optimistic" as it enters final quarter of 2010
Jardine Lloyd Thompson has reported its "trading performance is in line with our expectations, notwithstanding continued challenging conditions" in its interim management statement for the period from 1 July to 8 November.
Markel International combined ratio slips to 99% following H1 losses
Markel International has reported gross written premiums of $574.0 m for the nine months to 30 September 2010, compared to $510.0 m for the same period in 2009.
MGA goes live using Sequel software
New trade credit insurance specialist Equinox Global has gone live on using insurance software provided by Sequel.
Giles-owned MGA Ink rebrands
Giles-owned managing general agent Ink Underwriting Agencies has rebranded as Ink Insurance.
Vertafore eyes UK market
US insurance software giant Vertafore is monitoring the UK insurance software market for acquisition opportunities with the blessing of its new private equity backer.
Besso's Gladstone launch is timed for new wave
Intermediary Besso has revealed it timed the launch of its managing general agent to coincide with a new wave of MGAs in the London market.
Barbon secures first broking acquisition since rebrand
Barbon Insurance Group has bagged its first acquisition in the broker market after acquiring a Devon-based lettings specialist.