Andy Rear – Digital Partners

Munich Re watching accumulations as Digital Partners continues investments

2020-07-09T19:56:00+01:00

Despite pulling capacity from Hippo and Jetty, Munich Re remains committed to its Digital Partners platform amid a greater awareness of how quickly accumulations can mount across the broader group due to the rapid growth of some of its insurtech-focussed underwriting partnerships.

II-Allstar

Allstar secures Lloyd’s capacity for three states expansion on program

2020-07-09T19:49:00+01:00

Allstar Underwriters is expanding its vacation rental program into three new states having secured capacity from Lloyd’s carriers including Hiscox and QBE, The Insurer has learned.

Trisura Group

Upsized Trisura Specialty targets business with larger wholesalers

2020-07-09T18:10:00+01:00

US hybrid fronting carrier Trisura Specialty is aiming to access potential business from the wholesale broking giants of AmWINS, RT Specialty and CRC after its Canadian parent injected additional capital into the platform following a recent fundraise, The Insurer can reveal.

National Interstate and Atlas

Atlas extends National Interstate tie-up and looks for carrier partners on other lines

2020-07-09T15:38:00+01:00

Atlas Financial Holdings has extended its agreement with National Interstate that sees it underwrite its paratransit portfolio on behalf of the specialist auto carrier, and revealed it is looking to establish MGA relationships with carriers on the other lines of business it writes.

Ken Randall – R&Q

R&Q’s co-founder Ken Randall to retire March 2021

2020-07-09T11:44:00+01:00

The co-founder of legacy specialist and program manager Randall & Quilter (R&Q) is to step down from the role of executive chairman at the end of March 2021.

M&A

Specialty Program Group and Beacon Hill

SPG buys environmental wholesale broker Beacon Hill Associates

2020-07-08T15:20:00+01:00

Hub International’s Specialty Program Group (SPG) has announced its second acquisition of the week with a deal to buy environmental wholesale brokerage firm Beacon Hill Associates (BHA).

Specialty Program Group and Avant

SPG buys program administrator Avant

2020-07-07T14:02:00+01:00

Hub International’s Specialty Program Group (SPG) has acquired transportation program administrator and wholesale broker Avant.

II-logos-USA-map

ReAlign creates program carrier platform with National Lloyds and American Summit deal

2020-07-02T23:28:00+01:00

Recently launched vehicle ReAlign Insurance Holdings has completed a transaction that sees it take over National Lloyds and American Summit from Align Financial Holdings (AFH), the PE-backed program and MGA that acquired the two carriers from Hilltop Holdings earlier this year.

program manager masthead

Access to paper and alignment of interests

2020-07-09T19:56:00+01:00

Cementing access to paper and demonstrating alignment of interests with (re)insurers has become increasingly important for MGAs and program administrators.

Florida

Florida opportunity draws interest

2020-07-06T12:13:00+01:00

The well-documented woes of the Florida homeowners market might not paint a picture of a burgeoning opportunity for new entrants, but a number of recent developments point to fresh interest in the Sunshine State.

Company Profile

Trean

Trean IPO to help fuel growth and retain more business

2020-06-23T21:52:00+01:00

Program carrier and MGA platform Trean Insurance Group (TIG) will use a portion of proceeds from its planned IPO to add to its capital base in a move it says will give it the opportunity to access additional business.

Podcast

Neptune and Hippo

Spinnaker acquisition to facilitate geographic expansion as Hippo targets Florida

2020-07-02T04:53:00+01:00

Homeowners insurtech Hippo will use pending acquisition Spinnaker to facilitate its geographic and product expansion as it also looks to a future entry into the Florida market, according to the MGA’s chief insurance officer Rick McCathron.

People Moves

Ken Randall – R&Q

R&Q’s co-founder Ken Randall to retire March 2021

2020-07-09T11:44:00+01:00

The co-founder of legacy specialist and program manager Randall & Quilter (R&Q) is to step down from the role of executive chairman at the end of March 2021.


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