Industry Segments: MGA Page 7 / 9
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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.
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- March 24 2022
Asia MGA plans hampered by regulatory roadblock
The sector had a stellar 2021, but moving beyond traditional markets will not be easy.
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- March 9 2022
Lockton (re)insurance arm targets Australia, NZ with former Willis Re execs
John Philipsz, Russell Hails and Max Garratt have joined the broker's advisory team in Sydney.
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- March 8 2022
MGA Fusion bolsters M&A with Singapore, Sydney and HK hires
Danielle Eliatamby, Lillian Chau and Sabrina Chia all have law firm backgrounds.
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- March 8 2022
Ensurance Australia signs professional risks deal with Liberty Specialty
The three year agreement for delegated underwriting authority runs from March 16.
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- February 24 2022
Delta Insurance re-engages with Asia
The MGA shelved its Asia plans when Covid-19 arrived - now they're back.
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- February 17 2022
Specialty MGAs continue APAC expansion
Delta's Australia launch is latest indication that insurers are willing to back the model.
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- February 15 2022
Delta Insurance expands into Australia
The MGA is initially offering professional indemnity, cyber and commercial liability cover.
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- February 14 2022
MGA FloodFlash targets Japan, Australia after raising US$15m
Investors in the parametric insurtech include MS&AD Ventures and Munich Re Ventures.
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- January 31 2022
Descartes Underwriting eyes Hong Kong after US$120m raise
The parametric specialist is also seeking to expand its Singapore and Sydney hubs.
