The total cost of a Baltimore bridge collapse and associated claims could run into the billions of dollar...
Doxa launches new commercial property MGA
Arris Property Underwriters will offer $2.5mn in excess capacity....
Arris Property Underwriters will offer $2.5mn in excess capacity....
Article / 1 month ago
Competition in property starting to ‘creep in': RLI COO Klobnak
Competition, particularly from MGAs, is expected to accelerate in 2024...
Competition, particularly from MGAs, is expected to accelerate in 2024...
Article / 2 months ago
Neptune Flood surpasses $200mn premium in force; now the primary NFIP alternative
Flood MGA Neptune Flood, the largest private provider of flood insurance in the United States, has surpassed $200mn of premium in force, bringing...
Flood MGA Neptune Flood, the largest private provider of flood insurance in the United States, has surpassed $200mn of premium in force, bringing...
Article / 5 months ago
Bamboo targets significant growth opportunity in CA with White Mountains backing
Homeowners-focused MGA Bamboo is taking advantage of the already adequate rates it was able to file as a relatively new admitted writer in California to grow...
Homeowners-focused MGA Bamboo is taking advantage of the already adequate rates it was able to file as a relatively new admitted writer in California to grow...
Article / 5 months ago
WTW launches new Chiang-led MGU Verita focused on industry specialisation
WTW is launching a new MGU called Verita led by former Sompo International executive Edward Chiang that has secured capacity backing from Markel and is...
WTW is launching a new MGU called Verita led by former Sompo International executive Edward Chiang that has secured capacity backing from Markel and is...
Article / 6 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
Market scrambles to assess breadth of Vesttoo collateral damage
MGAs, fronting carriers, reinsurance brokers and transformer vehicles involved in Vesttoo deals are assessing potential exposures amid fallout...
MGAs, fronting carriers, reinsurance brokers and transformer vehicles involved in Vesttoo deals are assessing potential exposures amid fallout...
Article / 8 months ago
MGU Victor introduces insurance exchange
Managing general underwriter Victor Insurance Managers LLC on Friday said it has launched Victor Insurance Exchange....
Managing general underwriter Victor Insurance Managers LLC on Friday said it has launched Victor Insurance Exchange....
Article / 9 months ago
Velocity Risk to exit the homeowners insurance market
Velocity Risk Underwriters, the catastrophe exposed property insurance specialist managing general agency (MGA) operation, is set to exit the homeowners insurance marketplace, Artemis...
Velocity Risk Underwriters, the catastrophe exposed property insurance specialist managing general agency (MGA) operation, is set to exit the homeowners insurance marketplace, Artemis...
Article / 10 months ago
Velocity Risk to acquire a Nephila program insurer from State National
Velocity Risk Underwriters, a catastrophe exposed property insurance specialist managing general agency (MGA) operation that was originally set up...
Velocity Risk Underwriters, a catastrophe exposed property insurance specialist managing general agency (MGA) operation that was originally set up...
Article / 10 months ago