Stere launches digital ecosystem for programs, targets ILS fund capacity

A new insurance technology start-up named Stere has been launched to provide a digital ecosystem for insurance programs, targeting capacity provision and digital enablement for MGA's, insurtech's and programs, with a desire to help them access ILS fund capacity as well as traditional. Stere has been launched by Dogan Kaleli, former read the full article →

Guy Carpenter hires Aon’s Shephard as Head of GC Access, International

Reinsurance broker Guy Carpenter has announced the hiring of Miles Shephard from Aon, who will join the company as Managing Director and Head of GC Access, International, its specialist program capacity focused unit. GC Access is dedicated to program business and works to connect managing general agents (MGA) with capacity, including read the full article →

AGILE Risk Partners aims to improve risk data with HERE Technologies partnership

AGILE Risk Partners, a specialist and technology focused direct & facultative (D&F) property risk underwriting start-up, has partnered with experienced mapping and data experts HERE Technologies as it seeks to improve the quality of risk data used in underwriting decision-making. AGILE is a combination of broker and underwriter and is looking read the full article →

Arch acquiring tech & third-party capital focused MGU Ventus

Arch Insurance North America, a division of insurance and reinsurance specialist Arch Capital Group, has announced that it will acquire the technology and third-party capital focused managing general underwriter Ventus Risk Management. Regular readers will be familiar with Ventus Risk Management, a company focused on sourcing and underwriting property catastrophe and read the full article →

Aurous secures first Lloyd’s binder, backed by Credit Suisse’s Arcus 1856

Aurous Risk Partners, a reinsurance focused managing general agency (MGA) that launched in 2018 with a desire to connect risks with the most suitable capital, has secured its first Lloyd's energy binder that will be backed by capacity from Credit Suisse ILS' Arcus Syndicate 1856. CEO of Aurous Carl Beardmore, who read the full article →

Orchid hires Joe Zuk as the MGA looks to ILS for catastrophe capacity

Orchid Underwriters Agency, LLC, a property catastrophe focused managing general agency (MGA), has hired Joe Zuk, previously of Atlas General Holdings, to the new role of Managing Director of Corporate Development & Strategy. Zuk has significant experience within both the MGA world and gained as a reinsurance broker. His work in recent read the full article →

Agile raises seed capital for D&F start-up to work with ILS capacity

Agile Risk Advisory, the specialist direct & facultative (D&F) property risk underwriting  start-up for the world’s top two thousand global companies and which wants to leverage ILS investors as supporting capacity, has secured seed funding from an established MGA backer. Agile Risk Advisory has secured its seed capital funding from Avantis, a read the full article →

OnRisk & Agile collaborate on technology to structure D&F for ILS

U.S. based insurtech startup OnRisk is collaborating with Agile Risk Partners Limited, a start-up focused on underwriting direct & facultative property risks and channeling them to both traditional and alternative reinsurance capital, to develop structuring technology to support this goal. The pair will work together to develop an advanced, computer-aided design read the full article →

Aurous MGA launches to connect risk with multiple forms of capital

Aurous Risk Partners has been launched as a new reinsurance focused managing general agency (MGA) that aims to maximise efficiencies and premium return, by connecting risks with the most suitable capital, including alternative or capital markets sources. Launched by Carl Beardmore, previously the Group CEO of BMS Group (Minova) and also read the full article →

Real-time portfolio optimisation will transform ILS placements, says Ventus

Using technology to enable real-time portfolio optimisation will transform the way that ILS and traditional reinsurance placements are made, improving costs and efficiencies and allowing capital providers to get closer to the original risk, according to the team at InsurTech MGU Ventus. Ventus was formed in 2016 by George Reeth, Stuart read the full article →