News
Insurance
A group of investors is taking AmTrust Financial Services private to create a better environment to fix the problems that have been haunting the New York-based insurer. AmTrust needs to address financial controls as well as pricing and reserve adequacy issues. 2 March 2018
Insurance
The increasing appetite for Islamic insurance has led many investors to view the retakaful sector as a growth opportunity, but retakaful players have recently run into difficulty or have exited the market, according to a report by AM Best. 12 February 2018
Insurance
Managing general agents are flourishing, according to our annual review and ranking of the market. Peter Staddon, managing director of the MGA Association, gave his view on the health of the market to Intelligent Insurer. 25 April 2016
Insurance
London-based managing general agent (MGA) Pen Underwriting has extended its strategic relationship with re/insurer QBE into the Republic of Ireland, with a new property & casualty capacity partnership in the area of hazardous goods and environmental industries. 16 November 2017
Insurance
Re/insurance has changed markedly since the COVID-19 pandemic first swept across the world in early 2020. With the sector looking to build back stronger from the turmoil, many companies are finally embracing technology. But as with any revolution, change is difficult. 21 July 2021
Insurance
Though much has been done to ensure a smooth Brexit transition for the UK insurance sector, leaders in the industry warned that EU subsidiaries could take business from London “very quickly” after Brexit. 25 January 2019
Insurance
Specialist niche-product managing general agent (MGA) Ascent Underwriting said on Sept. 18 that it is further targeting small and medium-sized (SME) business by offering nil deductible/zero excess options on all cyber insurance policies globally. 18 September 2017
Insurance
Volante Global, a new multi-class and multi-territory international managing general agent (MGA) platform, is set to launch and commence trading during the first quarter 2018. 20 December 2017
Insurance
Other investors included Gradient Ventures, Obvious Ventures, PJC, and Greenlight Re. 17 December 2020
Insurance
UK insurer Aviva is acquiring a majority stake in connected home insurer Neos Ventures, a London-based insurtech startup backed by Munich Re. 22 November 2018
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