MGAs
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The move is part of a wider Ascot strategy that will see the imminent launch of an MGA platform headed up by David Leathem. -
In terms of revenues, the highest ranked MGA in Insuramore’s survey was Brown & Brown, closely followed by Gallagher, Ryan Specialty, Amwins and Truist.
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SiriusPoint has announced a strategic partnership with home rental insurance MGA Garentii, providing paper, balance sheet and risk advisory services to the InsurTech.
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The appointment comes after the MGA brought new capacity to the cargo market last year with a $18mn facility.
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Managing partner Brian Hayes will lead the unit that aims to serve SMEs.
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The MGA’s gross written premium now surpasses $650mn.
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The ratings agency has undertaken its first performance assessment of a UK MGA, after launching a methodology for the new process in February.
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The MGA has had a major impact on the marine market since its launch, writing a substantial amount of business.
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The MGA was launched in 2017 and wrote $350mn of premium in 2021, the same year it announced the approval for a Lloyd’s syndicate.
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CEO John Boylan expects "material" increase in premium in 2022.
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The contract is the first property binder signed by Zavarovalnica Triglav with an international MGA.
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The former head of international financial lines will report to executive chairman Matthew Fosh.
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