Industry Segments: MGA Page 1 / 5
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- September 11 2023
Dual promotes Leo Abbruzzo to executive chairman for ANZ as it rejigs regional leadership
Deputy CEO Michael Ussher takes on additional responsibilites at the Howden-owned MGA, which has also named a new Australia, New Zealand CUO and a head of national partnerships.
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- September 4 2023
Volante bolsters Asia operations with senior management move
Bilal Zafar, a managing director of the Lloyd's syndicate, has relocated from London to Singapore.
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- August 29 2023
Asia’s W&I market goes through MGA shift
The global MGAs could bring fiercer competition leading to lower rates and broader terms, arguably without a full understanding of the regional differences in risk.
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- August 29 2023
Strata Community Insurance MGA hires Western Australia underwriter
Daniel Wales-Harding has relocated from London and will be based in Perth, reporting to Ian Mundy, state manager, Western Australia.
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- August 17 2023
Steadfast registers strong FY revenue, profit boost; eyes A$445m of M&A ‘opportunities’
The Australian group's broking arm saw 12.7% of organic growth as the division contributed A$891.6m of revenue, up 24.5% over FY 2022.
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- August 14 2023
Exclusive: Vale Insurance Partners to establish Asia operations — sources
Vale is the seventh specialty insurance firm seeking to join the Asia M&A market in the space of 12 months.
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- August 9 2023
PSC snaps up specialty MGA Ensurance for US$16.5m
The ASX-listed firm specialises in professional and financial lines with offices in Sydney, Melbourne, Adelaide and Perth.
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- August 9 2023
Fusion promotes Sabrina Chia to partner, underwriting & head of distribution APAC
Singapore-based Chia joined the specialty managing general agent in 2021.
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- August 9 2023
MGA Delta Insurance hires D&O specialist
Glenn Dawson is based in Auckland and will assume the role of senior underwriter and D&O product manager.
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- August 8 2023
P&I player Hydor acquires EF Marine to create specialist MGA
The combined companies will control US$40m of GWP and operate from Singapore, Hong Kong, Shanghai, Oslo, Hamburg and Rotterdam.
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- August 7 2023
Exclusive: Euclid Transactional targets Asia launch
The M&A-focused New York-headquartered specialty MGA is set to open a Singapore office by Q1 2024.
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- August 7 2023
MGA Circles rings changes in Asia as Tommy Elliot takes on global CUO role
Khadinn Khan becomes responsible officer role for Hong Kong, while Kenneth Tan will oversee the specialty MGA's Singapore office.
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- August 1 2023
Australia’s SGUA approved as Lloyd’s coverholder
A specialist in residential investment properties since 1991, SGUA will leverage the Lloyd’s market from August 1 onwards.
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- July 18 2023
Australia’s Rhodian launches its first underwriting agency
Halo Underwriting is a property and liability MGA backed by Lloyd’s which offers cover for specialty risks for SMEs and the mid-market.
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- July 3 2023
Castel-backed M&A specialist Transact Risk Partners set for Asia launch
The Dutch MGA's Singapore office will be led by senior underwriter Reuben Lee and is likely to start as early as August, IAN can reveal.
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- June 26 2023
Asta sounds out syndicates to join Lloyd’s Asia
With Mosaic and Volante launching on the platform in Singapore, international and regional players may follow the lead.
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- June 23 2023
RiskPoint bolsters APAC M&A team with ex-AIG hire
Sydney-based Diana Hu joins as underwriting director and will work with Maria Steeples, the MGA’s regional managing director and head of M&A.
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- June 21 2023
Fusion Specialty promotes Katherine Simmonds to CEO for international markets
In her new role, Simmonds will be responsible for further developing Fusion’s presence in the UK, APAC and EMEA regions, including M&A, financial lines and other specialist insurance products.
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- June 14 2023
Ardonagh-backed Envest targets Asia, NZ and more Australia M&A
'We will look to expand into Hong Kong or Singapore or both in the next couple of years,' CEO Greg Mullins tells IAN.
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- June 9 2023
Guy Carpenter eyes growing APAC MGA sector with Steve Warwick
The broker's APAC CEO Tony Gallagher says the regional program market has seen tremendous growth in recent years.
