Industry Segments: MGA Page 7 / 9
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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.
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- October 31 2022
Rising rates, capacity pinch leave strata cover high and dry
With an increase in cat activity, strata has been the worst-performing property line in Australia.
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- October 20 2022
MGA Fusion reinforces M&A underwriting with Aon duo
Hui Ling Wong joins as a senior partner in Hong Kong and Yen Lin Ee as a partner in Singapore.
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- September 8 2022
AUB acquires IAG-owned strata unit in Austagencies build out
Underwriting agency SUU will still get capacity from Insurance Australia Group under a long-term binder agreement.
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- September 2 2022
Dual promotes Michael Ussher to Asia Pacific deputy CEO
The MGA has also appointed Jane Cullen as CIO for APAC.
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- August 26 2022
QBE veteran to take reins at 360 Underwriting Australia
Jason Clarke is set to join as CEO at the Lloyd's coverholder and specialty MGA in November.
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- August 23 2022
Specialty MGA Delta handed favourable AM Best review
Delta is one of the first MGAs to be reviewed by a rating agency.
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- August 17 2022
Steadfast swoops for Insurance Brands Australia, posts strong results
The broking group is paying US$210m for IBA which owns specialty underwriting agency ProRisk.
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- August 11 2022
Scott Jerome takes over as head of Brooklyn Underwriting
Jerome is joining from his role as head of operations at Axa XL in Australia.
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- August 10 2022
Mitsui Sumitomo seals US$400m Transverse deal
The fronting carrier gives the Japanese insurer access to the US$66bn American MGA market.
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- August 1 2022
MGA Rokstone eyes Asia cat market opportunity
The specialty player has regional capacity and wants to expand as pricing hardens and terms improve.
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- July 25 2022
Ensurance sells UK operations to PSC to focus on Australian growth
Ensurance chief executive Tom Kent cited "immense" opportunities to grow in Australia.
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- July 7 2022
Steadfast merges two specialty underwriting agencies
UAA has combined with Mecon Insurance to form a construction and mobile plant 'powerhouse'.
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- June 29 2022
Thailand’s new cannabis rules attract capacity
MGA Frontier sees D&O opportunity amid thousands of license applications to grow as a cash crop.
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- May 10 2022
Is the Chubb and Dual deal incidental or the start of a wider trend?
The US insurer bought Dual’s cyber and financial lines book in Asia back in March.
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- April 8 2022
Frontier teams up with Relm for blockchain Asia cover
The partnership follows a similar arrangement with Berkley Insurance Australia.
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- April 8 2022
TigerRisk on the hunt in Asia Pacific
The broker's delegated authority arm has hired in Australia and is exploring regional opportunities.
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- March 30 2022
Dual sells Asia financial lines, cyber portfolio to Chubb
The MGA's Hong Kong and Singapore units had used MSIG as an underwriter.
