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MGA
Pen Underwriting announces retirement of influential liability expert Paul Belford
November 14 2024
Belford's retirement will see the end of a 13-year tenure at the MGA and a career which included roles at Chubb, Allianz, and Zurich.
Munich Re's Kassow urges risk carriers to take more active role in MGA growth
November 6 2024
Munich Re exec says impact on combined ratios means (re)insurers need to actively manage distribution risks and avoid being "dumb capacity providers".
APRA imposes additional capital requirement on Pacific International Insurance
November 1 2024
Additional AU$10m (US$6.58m) requirement applied after review finds inadequate oversight and control of its insurance intermediary arrangements.
DUAL Australia promotes Dan Brown to Head of Financial Lines
October 25 2024
Brown has been with the MGA for over 11 years.
MGAs ‘gaining ground’ in China as nascent Asian market emerges
October 23 2024
China’s MGA sector is seeing growth in several cities, while Indian regulators are investigating whether to approve their operation.
APRA warns on the risk from outsourced underwriting
October 17 2024
Australian regulators are introducing the Financial Accountability Regime (FAR) and CPS 230 in 2025.
Mitsui Sumitomo Insurance enters Australian cyber market through multi-year capacity deal with Coalition
October 17 2024
Building on their collaboration in Japan, MSI will provide capacity to cyber MGA, Coalition, which launched in Australia in late 2023.
Jess Millen joins Coalition as Business Development Manager for QLD
October 15 2024
Millen joins the MGA from Emergence Insurance.
Optio announces acquisition of film and events MGA Circles
October 4 2024
Acquisition of Luxembourg-based specialty MGA marks Optio Group's largest European acquisition to date, with Circles' presence in Asia spanning markets including Hong Kong and Singapore.
Construction MGA Scope Underwriting launches in Australia
October 3 2024
Rhodian network expands further with new agency that has an initial focus on on Contractors All Risks and Third Party Liability insurance.
Australia's Rhodian Group launches marine MGA, Marinex Underwriting
October 1 2024
The marine MGA has Christian Kelly at the helm and includes a founding team with over 50 years of combined industry expertise.
Ocean Underwriting launches its first cyber product, targetting Australian SMEs
September 30 2024
MGA expands product offering, with Tokio Marine Management Australasia underwriting the new cyber solution.
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