-
As the MGA market gathers today, cat property capacity looks set to dwindle further as Hurricane Ian exacerbates pre-existing challenges. -
The executive joins Platinum Specialty after over two years at UK MGA Optio, where he was NA managing director.
-
The launch follows their expansion in Texas in June, for which the two struck a partnership deal last year.
-
The ratings agency estimated that 20 unaffiliated MGAs in 2021 generated over 60% of the total direct premium produced by program managers in the US.
-
Ambac’s Everspan Group has launched a program with InsurTech Centrex Underwriters, an MGA that offers liquor liability and general liability insurance products for the hospitality industry.
-
The executive will no longer serve as an officer and director of the program manager and its subsidiaries.
-
The executive also said that his MGA firm has the growth trajectory to become the biggest in the world.
-
Inside P&C’s morning summary of the key stories to get you up to speed fast.
-
The two carriers have injected a further $100mn into the underwriting project.
-
The moves are expected to enable NFP to form and administer Alberta-domiciled captive insurance companies for their clients.
-
The cyber InsurTech sits at the top of the pyramid with a $5bn valuation, but it plays in a risky sphere.
-
Led by Connie Germano, Kalepa Insurance Services will match proprietary AI software with Everspan's underwriting capacity.
