Occam acquires terrorism MGA Beech Underwriting, with HSCM support

Occam Underwriting, a specialist lines focussed Managing General Agency (MGA), is acquiring terrorism risk focused MGA Beech Underwriting Agencies Ltd., in a move supported by Hudson Structured Capital Management (HSCM). Insurance-linked securities (ILS), insurtech and reinsurance investor Hudson Structured Capital Management Ltd., which enters into its insurance and reinsurance investment business read the full article →

Nephila’s Volante MGA gets ‘in-principle’ approval for Lloyd’s syndicate 1699

Volante Capital Holdings (Bermuda) Ltd. (Volante), a multi-class international MGA platform that counts insurance-linked securities (ILS) specialist Nephila Capital's holding company as its majority owner, has received ‘in-principle’ approval from Lloyd’s to launch Syndicate 1699. Lloyd's Syndicate 1699 from Volante will go into operation in the 2022 year of account, with read the full article →

Hudson Structured takes controlling stake in MGA Occam Underwriting

Hudson Structured Capital Management, the reinsurance, insurtech and insurance-linked securities (ILS) focused asset manager, has doubled-down on its investment in managing general agent Occam Underwriting, by taking a majority stake in the company. Hudson Structured Capital Management, doing its reinsurance related investment business as HSCM Bermuda, took a stake in Occam read the full article →

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 →