Sources approve of Labour's plans around regulatory accountability....
Marine MGA Amphitrite receives full FCA approval
Tysers has been regulatory principal for the MGA since its 2018 launch....
Tysers has been regulatory principal for the MGA since its 2018 launch....
Article / 2 months ago
Canada
As we entered a “post-pandemic” environment, we continued to grapple with the impact of the global pandemic on economic and social sectors...
As we entered a “post-pandemic” environment, we continued to grapple with the impact of the global pandemic on economic and social sectors...
Article / 3 months ago
Indian regulator considers allowing MGAs
The Insurance Regulatory and Development Authority of India (IRDAI) is considering the feasibility of allowing MGAs into the domestic insurance market.
The Insurance Regulatory and Development Authority of India (IRDAI) is considering the feasibility of allowing MGAs into the domestic insurance market.
Article / 10 months ago
FCA to introduce new financial resilience reporting impacting brokers and MGAs
The Financial Conduct Authority (FCA) is set to introduce a new regulatory reporting requirement covering financial resilience which will impact brokers and MGAs,...
The Financial Conduct Authority (FCA) is set to introduce a new regulatory reporting requirement covering financial resilience which will impact brokers and MGAs,...
Article / 1 year ago
MGA Abu Dhabi Re handed full regulatory approval following underwriting launch
Andrew Sturdy's Abu Dhabi Reinsurance Company Ltd has been handed Financial Services Permission by Abu Dhabi Global Market's Financial Services...
Andrew Sturdy's Abu Dhabi Reinsurance Company Ltd has been handed Financial Services Permission by Abu Dhabi Global Market's Financial Services...
Article / 1 year ago
ALIRT warns surplus risk for unrated carrier used by James Allen “remains high”
A financial analysis undertaken by ALIRT Insurance Research has shown that the capacity provider for Indiana-based MGU James Allen's commercial...
A financial analysis undertaken by ALIRT Insurance Research has shown that the capacity provider for Indiana-based MGU James Allen's commercial...
Article / 1 year ago
Insurer in Full: A cautionary tale...
Much has been written over the last few years about the maturation, sophistication and professionalisation of the MGA, MGU and program administrator space.
Much has been written over the last few years about the maturation, sophistication and professionalisation of the MGA, MGU and program administrator space.
Article / 1 year ago
WTW halts trading with James Allen over alleged “probable fraudulent representation”
WTW has sent a note to broking staff notifying them that it recently discovered Indiana-based MGU James Allen did not have the Lloyd's capacity that...
WTW has sent a note to broking staff notifying them that it recently discovered Indiana-based MGU James Allen did not have the Lloyd's capacity that...
Article / 1 year ago
MGA James Allen admits ‘error' on Lloyd's backing of property binder
Westfield, Indiana-based MGU James Allen Insurance has come under the spotlight after it was revealed that the company was underwriting commercial...
Westfield, Indiana-based MGU James Allen Insurance has come under the spotlight after it was revealed that the company was underwriting commercial...
Article / 1 year ago
Fidelis MGU-balance sheet split gets greenlight from regulators
Fidelis' proposed division into a managing general underwriter (MGU) and a balance sheet has been approved by regulators and is expected to take place from 1 January....
Fidelis' proposed division into a managing general underwriter (MGU) and a balance sheet has been approved by regulators and is expected to take place from 1 January....
Article / 1 year ago