Industry Segments: MGA Page 5 / 8
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- May 23 2023
Brown & Brown acquires Nexus and Xenia owner Kentro Capital
The acquisition gives the US broker a foothold in Asia through MGAs Nexus and Spectrum, and broker Capstone.
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- May 2 2023
BMS acquires Australian MGA Gard Insurance
The deal, which is the first acquisition of an Australian underwriting agency for the specialist broker, includes hospitality specialist ALE Underwriting.
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- May 1 2023
Specialist Apollo syndicate ibott teams up with new Australian Lloyd’s coverholder
Mustard Underwriting is offering cover for the 'sharing economy'.
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- April 28 2023
Australian MGA Xenon approved as Lloyd’s coverholder
Xenon Underwriting will offer SME, complex and high hazard property and liability lines, through several Lloyd's binders.
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- April 27 2023
MGAs see ‘flight to quality’ in Asia amidst market hardening
Following the 1.1 renewals, sourcing capacity is becoming harder but niche players may still have an edge.
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- April 18 2023
Fusion backer receives investment from Direct Capital
Pop Holdings will use the investment to expand its international footprint, attract talent, and introduce products througn M&A.
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- April 10 2023
Nexus completes majority buyout of Spectrum Risk
Spectrum's presence within the MENA and Asia Pacific market fits with Nexus Underwriting's wider portfolio.
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- March 23 2023
GCube bets on Australia’s green transition
The Tokio Marine-backed MGA’s chief executive Fraser McLachlan discusses Australia expansion and Asia Pacific strategy.
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- March 22 2023
Envest Group acquires Wellington Underwriting
The specialty liability underwriting agency currently places more than US$20m in gross written premiums.
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- March 16 2023
PetSure gets general insurance licence in Australia
The pet health company already had an underwriting agency which provides pet cover.
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- March 14 2023
PSC Insurance acquires two UK businesses for US$15m
The acquisitions of a MGA and a retail broker are expected to add up to US$4.7m to PSC's top-line.
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- March 14 2023
Michael Di Veroli named head of newly formed Epsilon specialty division
The experienced market exec will work across property, parametric, construction and liability product classes.
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- March 9 2023
Delta Insurance New Zealand and Delta Property to merge
Delta Property MD Andrew Beaton is set to become CEO of Delta Insurance New Zealand under the new structure.
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- March 9 2023
Helen Ye appointed CEO of Dual Alpha Underwriting
Hong Kong-based Ye joins the MGA from crypto specialist OneInfinity by OneDegree.
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- March 2 2023
Nexus appoints Hong Kong general manager and head of marine Asia
Oliver Miloschewsky was most recently client development director at Concirrus.
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- February 28 2023
Amwins takes minority stake in Australia MGA incubator
The global broker is investing in Rhodian which is building a network of underwriting agencies through its own technology and capacity relationships.
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- January 19 2023
Australia’s Underwriting Agencies Council names first-ever CEO
Jenny Bax has held senior positions at Allianz and QBE, and was most recently with Ansvar Insurance.
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- December 5 2022
Pandamatics hires senior underwriter in Hong Kong: sources
IAN understands the underwriter, who joins from Swiss Re Corporate Solutions, will start in January.
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- November 9 2022
Adva Underwriting brings on board Joanne Chan for APAC marine cargo foray
Chan, who joins the specialist MGA in Hong Kong, will focus on bringing additional capacity in the region.
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- November 2 2022
Nexus seals MGA deal, eyes APAC expansion
Spectrum Risk Management focuses on marine and property (re)insurance in Asia Pacific and MENA.