Industry Segments: MGA Page 1 / 9
-
- November 15 2024
Mitsui Sumitomo to offer Australia SME capacity to Argyle Insurance
The multi-year agreement, starting January 1, 2025, will offer business insurance packages with an extended combined limit of up to US$4.52m.
-
- November 12 2024
Australian MGA Criterion expands into environmental impairment liability, D&O, casualty
The waste and recycling specialist is also planning to launch professional indemnity coverage, says underwriting director Stuart Kinsella.
-
- November 11 2024
London Australia Underwriting appoints head of new wholesale division
Sydney-based Holly Blower will head the new division, which will complement the MGA's extensive binder business to assist with hard to place opportunities.
-
- November 1 2024
APRA applies additional US$6.6m capital requirement to Pacific International Insurance
The regulator identified fundamental deficiencies in Pacific’s oversight and control of its existing binder holder business and risk management framework, including weaknesses in accountability and adequacy of resourcing.
-
- November 1 2024
SIRC 2024: This year’s key talking points
As the who’s who of global reinsurance gather in the Lion City for the biggest renewals jamboree of the year in the region, here is a highlight of the topics that InsuranceAsia News believes are likely to dominate the discussions.
-
- October 31 2024
Qubit takes Fusion’s Damian Lynch as digital asset insurance CUO
Sydney-based Lynch will reporting to the specialist MGA's CEO Helen Ye and will be responsible for leading the firm's underwriting strategy in the digital asset space.
-
- October 25 2024
Dual Australia promotes Daniel Brown to head financial lines team
Sydney-based Brown was most recently New South Wales manager for the Howden-owned MGA.
-
- October 17 2024
APRA urges carriers to reflect on MGA risks, prioritise 2025 prudential standards
Executive board member Suzanne Smith said that a focus for the regulator in the coming year is the risk associated with outsourced underwriting to agencies.
-
- October 17 2024
Mitsui Sumitomo to offer Australia cyber capacity to Coalition
The multi-year agreement, starting January 1, 2025, will include collaboration on cybersecurity solutions for small and medium-sized enterprises in Japan.
-
- October 8 2024
Regulatory recognition key for MGAs to take off in Asia
Tech-enabled MGAs are gaining ground in China and climate change is spurring innovations in Australia, but their success hinges on supervisory approaches.
-
- October 3 2024
Optio Group acquires MGA Circles Group
The MGA that has offices in Hong Kong and Singapore is part of Optio's global expansion strategy.
-
- October 1 2024
MGA incubator Rhodian takes Allianz team to launch marine specialist in Australia
The MGA Marinex Underwriting is backed by Canopius and will offer cargo, carriers, commercial hull and marine liability products.
-
- September 30 2024
Fidelis eyes ‘BRICS+’ push with new property specialist MGA
The group's MGA platform Pine Walk has hired Kelly Sanders as CUO to found Seraphina, which will focus on international property business with a focus on the emerging markets.
-
- September 13 2024
Ardonagh Group appoints Mark Mitchell to spearhead units’ Asia expansion
Singapore-based Mitchell will work with Ardonagh-owned Envest and Price Forbes to explore opportunities to expand their retail and wholesale broking footprint, and develop new MGA capabilities in Asia.
-
- August 30 2024
Agile launches New Zealand operation to strengthen Lloyd’s Pacific presence
The newly established Agile Insurance Group NZ will write general aviation, accident and health, casualty and professional lines.
-
- August 23 2024
AUB launches third strata MGA Rubix Underwriting as division’s pre-tax profit surges 58%
The new entity will have Lloyd's as the capacity provider and will allow the broker to grow its strata portfolio which already includes brands SUU and Longitude.
-
- August 22 2024
Epsilon Underwriting secures capacity to renew property ISR policies written by Argenta Australia
The move follows Argenta Group's announcement that it will close its Sydney office in July after a review of its underwriting activities.
-
- August 16 2024
Delta Insurance taps Chubb’s Siân Mullane as senior property underwriter
With nearly 30 years of experience, Mullane was most recently a senior property underwriter at Chubb up until June 2024.
-
- August 2 2024
Delta Underwriting promotes Sharna Garbett to senior claims handler
Garbett will lead the MGA's claims function in Singapore with Daniel Khoo supporting her on claims administration.
-
- July 30 2024
Delta Underwriting expands into accident and health business with HDI hire
Based in Singapore, Lisa Leow will lead the development of portfolio strategy and growth for accident and health (A&H) complementary to existing business lines.
