Former Corvus Insurance chief operating officer Mike Lloyd has launched a new personal insurance agency called Pine View Insurance Group.
Start-up
Former Agile Risk director Raj Jadeja has re-emerged to launch Altor Re, a London-based specialty reinsurance broker and advisor for ILS placements.
Former Tesla insurance chief Matt Edmonds has launched a digital-first auto MGA initially writing on the paper of Incline Insurance that has ambitious plans to revolutionize the segment by providing near frictionless coverage integrated seamlessly with carmakers and dealerships at the point of sale, The Insurer can reveal.
Baldwin Group-backed Juniper Re has secured approval to launch in London, with the new operation being led by former Guy Carpenter and Willis Re executive Nick Hawke, The Insurer can reveal.
Former Ascot underwriter Ed Colville has launched XA Underwriting, a new MGA focused on UK-domiciled commercial SMEs.
K2 Insurance Services-backed residential flood MGA start-up Titan Flood was readied in time for a 1 January launch as it signed up the AM Best A rated paper of Nationwide E&S/Specialty supported by a panel of domestic, Bermudian and Lloyd’s reinsurers, E&S Insurer can reveal.
As we approach 2025, there is a notable surge in start-up MGA activity and the launch of innovative, niche or tech-driven firms. We are witnessing a transformation that is exciting and indicative of a larger trend towards specialised MGAs driven by client outcomes.
Carl Hess has predicted that WTW’s relaunch into treaty reinsurance will get “an enthusiastic reception” from carrier trading partners, adding that the venture is closing in on hiring a management team.
Juniper, the trailblazing insurtech start-up co-founded by Ambra Zhang, is setting out to revolutionise reproductive healthcare with its innovative approach to health insurance.
Dellwood Insurance Group’s founding CEO Michael Price has said that the success of the start-up will be driven by matching the “expertise and speed” of wholesale trading partners, adding that current P&C market conditions have a “multi-year runway”.
