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The costs of accident/casualty-related claims continue to rise. -
The MGA will grow in specialty lines via talent recruitment and M&A coupled with technology enablement.
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Allianz has previously entered several capacity arrangements with the MGA.
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The company is on a five-year growth plan, aiming to hit $100mn in premiums by 2029.
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AIG veteran Kevin Bidney will focus on North American marine.
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The start-up is closing a Series A fundraise.
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Defendants claim that Tradesman lacks standing to bring the case.
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After a period of business building, MGAs will likely spend more time optimizing.
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The vehicle will take a quota share of all of the risks underwritten by Ryan Specialty’s MGA arm.
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The MGA will likely expand its D&O book as well, but excess casualty will grow faster.
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SiriusPoint will provide capacity for a new construction liability program.
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PartnerRe's $5mn commitment will enable the MGA to expand its D&O line size.
