Pro MGA’s startup MGU Orb Specialty targets 2026 US launch

Pro MGA Solutions has plans to extend the reach of its new UK-based MGU Orb Specialty into the U.S. during the first half of 2026.

Orb Specialty was unveiled in early September, with the platform operating as a centralized point for (re)insurers to deploy underwriting capital into MGAs that independent incubator Pro MGA supports.

And while the MGU initially launched in the UK, Pro MGA CEO Danny Maleary told Program Manager “we have aspirations as we go into the first half of 2026 of launching Orb Specialty in the U.S.”

Maleary said Orb Specialty, which has ambitions to write between $100 million and $250 million of premium in its first year and will only back MGAs within the Pro MGA stable, “is additive” to his company’s offerings.

“It's really focused on creating what I think is the power of an aligned ecosystem,” he said.

“As the lines blur between MGAs, fronting carriers and reinsurers, for me, the future belongs to the integrated ecosystem that combines capital control and connectivity (to the marketplace).

“Pro MGA and Orb Specialty is a reflection of that evolution, as it allows delegated underwriting excellence with multi-territory capacity access and data-first governance frameworks that meets the expectations of today’s sophisticated markets,” Maleary added.

Orb Specialty’s U.S. launch is just one aspect of Pro MGA’s growth ambitions in the country.

Currently, Pro MGA supports 75 MGAs that write across 32 classes of business and, collectively, they are on course to write around $750 million of gross premiums written in 2025.

To date, around 70% of Pro MGA Solutions’ business is in the UK and Europe, with the remainder in the U.S.

Maleary said the company wants to significantly grow its U.S. footprint and also extend its reach into Canada, Latin America, Australasia and the Middle East.

In the U.S., Maleary said Pro MGA Solutions is “now at that point where we’re starting to scout and stick our head above the parapet”, with the company looking to grow in the world’s largest insurance market, and one where the programs and MGA sector continues to see a host of new startups.

As Maleary explained, Pro MGA supports “both new startups and existing MGAs in helping them realize their aspirations”.

The company works with entrepreneurs to get their MGA proposals off the ground by providing advice and support, along with any infrastructure and frameworks needed.

Its MGA partners include clients that are just launching and those in the first years of operation. Once an MGA reaches three or four years of operation, Maleary said “from an infrastructure and licensing perspective, they should be strong enough to stand on their own two feet”.

Unlike other MGA platforms, Pro MGA Solutions does not take equity positions in the startups or early stage underwriting entities it works with.

“We took a view that we should focus on what we're very good at, which is the licensing, regulatory oversight and governance support services, and leveraging relationships and networks,” said Maleary.

“I'm a partner, but I'm not a partner that tells them what they can and can't do. It's their business, it's their ownership.”