For those of you new to Program Manager, or to our parent title The Insurer, we launched a new platform in the midst of the pandemic restrictions called The Insurer TV.
New turnkey MGA platforms are emerging in the program sector looking to provide a home for underwriting teams and seek growth opportunities in a burgeoning marketplace…
There are less than two weeks before the 3 May deadline for feedback on the methodology that will drive Best’s Performance Assessment for MGAs, MGUs, program administrators and other delegated underwriting authority enterprises (DUAEs).
News this week that AM Best is introducing performance assessments – or Best’s PA – for MGAs, MGUs, program administrators and other so-called delegated underwriting authority enterprises (DUAEs) is likely to meet with a mixed response in the programs sector.
Opportunities to access specialty insurance business and potential fee income continue to attract the attention of capacity providers to the US program sector.
News this morning that Ambac has agreed a deal to buy MGU Xchange as part of its two-pillar fee-business and carrier platform strategy is the latest example of evolution in the US program sector as distribution players look to access stable sources of capacity.
There is no denying that the program sector has continued to be vibrant and dynamic in 2020, despite the impact of Covid-19. But in a market that thrives on relationships, the craving for contact is palpable.
One of the most noteworthy aspects of Munich Re’s investor day commentary this week was the decision to further shift its business mix towards primary specialty growth.
With the US Q3 reporting season now at an end, pricing conditions in the booming E&S market were a regular topic of discussion on earnings calls with management.