Average of £1.13 million paid out every hour in motor claims last year....
Are difficulties in the motor market having a ‘negative impact' on capacity for MGAs?
'The market is creating opportunities, but it is also creating a lot of challenges,' says head...
'The market is creating opportunities, but it is also creating a lot of challenges,' says head...
Article / 1 month ago
Cover Whale pursues strategic plan including partial or full sale
The company would ideally like to target a minority investment. Commercial auto InsurTech MGA Cover Whale is exploring strategic investment...
The company would ideally like to target a minority investment. Commercial auto InsurTech MGA Cover Whale is exploring strategic investment...
Article / 2 months ago
Aviva to Acquire Canadian Vehicle Replacement MGA Optiom for Circa £100m
Aviva plc announced the acquisition of Optiom O2 Holdings Inc. from Novacap and other minority shareholders for a consideration of approximately...
Aviva plc announced the acquisition of Optiom O2 Holdings Inc. from Novacap and other minority shareholders for a consideration of approximately...
Article / 5 months ago
ISC-owned trucking MGA Paramount lines up Vesttoo replacement capacity
Integrated Specialty Coverages-owned commercial trucking MGA Paramount has secured a new deal to replace Vesttoo-related capacity for a program that...
Integrated Specialty Coverages-owned commercial trucking MGA Paramount has secured a new deal to replace Vesttoo-related capacity for a program that...
Article / 8 months ago
Risk Rating 2.0 increases private flood demand amid capacity reallocation
Capacity in the private flood market has shrunk this year in the aftermath of Hurricane Ian, but sources say that MGAs showing adequate underwriting...
Capacity in the private flood market has shrunk this year in the aftermath of Hurricane Ian, but sources say that MGAs showing adequate underwriting...
Article / 8 months ago
Buckle pivots to non-standard auto fronting after halting gig insurance underwriting
Insurtech Buckle has pivoted from its historic focus on providing coverage to rideshare and delivery drivers and is instead now looking to establish itself as a stre...
Insurtech Buckle has pivoted from its historic focus on providing coverage to rideshare and delivery drivers and is instead now looking to establish itself as a stre...
Article / 10 months ago
MGA Kitsune enters run-off after reinsurance pulled
Specialist motor insurance MGA Kitsune has entered run-off and appointed administrators after its reinsurance renewal was declined at the end of October, The Insurer understands....
Specialist motor insurance MGA Kitsune has entered run-off and appointed administrators after its reinsurance renewal was declined at the end of October, The Insurer understands....
Article / 1 year ago
Johnny McCord: Founder and CEO, Loadsure: Freight insurance - variable, reliable, available
Loadsure is a Lloyd's backed MGA using analytics to automate the underwriting of shipped goods and cargo.
Loadsure is a Lloyd's backed MGA using analytics to automate the underwriting of shipped goods and cargo.
Article / 1 year ago
Ryan Speciality Announces Axsal Re, Auto Liability Alternative Risk MGU
Ryan Specialty is pleased to announce an innovative solution to the challenging buffer layer auto liability excess market...
Ryan Specialty is pleased to announce an innovative solution to the challenging buffer layer auto liability excess market...
PR / 2 years ago
Burns & Wilcox agrees exclusive Canadian wholesale partnership with cargo MGA Loadsure
Burns & Wilcox has entered into an exclusive wholesale partnership with UK-based insurtech MGA Loadsure to distribute the Lloyd's of London coverholder's transit insurance coverage to independent brokers in Canada.
Burns & Wilcox has entered into an exclusive wholesale partnership with UK-based insurtech MGA Loadsure to distribute the Lloyd's of London coverholder's transit insurance coverage to independent brokers in Canada.
Article / 2 years ago