News

Insurance

Allstate picks up pace on rates in October, adds states at rising pace

Average rate gains appear double digit across both homeowners and automotive.   17 November 2023

Insurance

WTW launches new MGU with Markel capacity to ‘revolutionise’ insurance industry

The MGU, led by a former Sompo veteran, to focus on industry specialisation.   4 October 2023

Insurance

BMS picks up sixth Aussie broker in twelve months in major growth drive

The Queensland broker is an upstart creation of industry guru & rugby-turned-finance pro.   4 July 2023

Insurance

Former White House cybersecurity advisor joins AIG board

He was an advisor to US President Joe Biden on cybersecurity.   8 February 2024

Insurance

Aspen suffers H1 profit hit on insurance margins, investments, OPEX

Gross written premiums rose 16.7%, led by over 40% increase for reinsurance.   15 August 2024

Insurance

Former McKinsey and treasury veteran Charles Roxburgh to take Lloyd’s top post

Bruce Carnegie-Brown to step down as chair in April 2025 after an eight-year term.   19 September 2024

Insurance

Barbican duo return to market with new MGA underwriting platform

The platform seeks to provide a ‘highly efficient and effective trading environment’ for underwriting practices across specialty lines.   4 October 2021

Insurance

Australian MGA Agile sets up Lloyd’s operation with APAC in focus

The syndicate-in-a-box will target £34.1m in gross written premium for 2024.   18 March 2024

Insurance

Everest toppled: writes $2bn in US casualty reserves; troubles persist

The revolution rolls on: ‘aggressive’ re-underwriting looks about half done, Everest says.   28 January 2025

Insurance

Insurity acquires US firm to bolster presence in MGA market

The acquisition further strengthens Insurity’s position in the managing general agent market.   29 June 2020

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