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Insuramore: Global delegated authority premiums hit $100bn in 2020

2021-09-16T02:39:00+01:00

Premiums in the global delegated underwriting authority market totalled $100bn in 2020, according to estimates from Insuramore, with revenues generated by MGAs, MGUs and coverholder groups hitting $12.5bn fuelled by growth in E&S lines and mounting interest in specialist risk classes such as cyber.

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Corvus reveals SiriusPoint UW partnership with middle market cyber program

2021-09-15T19:00:00+01:00

Corvus Insurance and SiriusPoint have announced a strategic investment and multi-year underwriting capacity partnership, with an initial cyber program fronted by R&Q’s Accredited that the insurtech’s management explained to The Insurer will sit alongside its existing cyber offering with Hudson Insurance Group.

Steel City Re and Tokio Marine Kiln

Steel City Re partners with Tokio Marine Kiln for new ESG protection

2021-09-15T00:04:00+01:00

Reputation parametric insurance specialist Steel City Re has launched a new ESG-focused product having secured capacity backing from long-term supporter Tokio Marine Kiln.

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Alera’s Shomer secures Lloyd’s support for new senior living program

2021-09-14T18:57:00+01:00

Alera Group’s healthcare-focused subsidiary Shomer Insurance Services has secured Lloyd’s reinsurance capacity for a new senior care-focused general and professional liability (GLPL) insurance program as clients look for new options with rates remaining high and carriers having cut back coverage.

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Propel and Zurich partner on manufactured housing program

2021-09-14T18:38:00+01:00

Flexpoint Ford-backed retail insurance agency Propel Insurance has finalised a new manufactured housing program called MHC Pro in collaboration with Zurich North America.

The Insurer TV

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Close Quarter with Aon’s Graeme Rayner

2021-08-09T12:24:00+01:00

In this episode we invite Graeme Rayner, CEO of Alternative Distribution at Aon, to talk about one of the fastest growing sectors in the industry – the MGA space.

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Growth, growth and more growth

2021-08-26T13:22:00+01:00

Far from a summer lull, the last few weeks have seen a surge in activity spanning fundraising, M&A, program launches and platform building in the US program sector.





People Moves

Incline

Incline hires CFO and CRO to help drive growth

2021-08-25T14:23:00+01:00

Fast-growing insurance program market services firm Incline P&C Group has announced a series of hires including former Covariance Capital Management executive Sheel Patel as chief financial officer.


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