Negative margin code
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Latest News
Latest News
NSM canvassing potential buyers for a carve-out of B2B programs
It is understood that the business-to-consumer programs are not included in the potential transaction.
Private security MGU Brownyard MacLean explores sale
It is understood that the company has retained the services of Dowling Hales as advisor.
Pivix launches contract binding program with Canopius
The binding authority facility targets smaller commercial property and general liability E&S risks.
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The executive added that he expects “some level of consolidation” in the fronting space, estimating that there are 24 players in the US market.
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The MGA is led by CEO Dennis Kearns, a 25-year industry veteran who founded the transaction solutions program at DUAL, producing total gross written premium exceeding $600mn.
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It is understood that the cyber InsurTech has ~$100mn of excess delegated authority capacity and around 20 backers.