Verve Risk Partners (Verve), a division of Castel Underwriting Agencies Limited (Castel), has announced a management buyout from the club-style MGA formation platform. Verve underwrites U.S. professional and management liability risks, focusing on insurance companies and captives as well as insurance agents and brokers. The underwriting cell is led by Scott Simmons and Alan Lambert […]

Affirmation of PA-2 Performance Assessment includes “excellent” scores on all five components Castel Underwriting Agencies Ltd (Castel), including Castel Underwriting Europe BV, has received an affirmed Performance Assessment of PA-2 (Excellent) with a stable outlook, by credit rating agency AM Best.  The assessment reflects Castel’s continued commitment to operational excellence in all areas, with a […]

Today we meet Raoul Carlos, Castel’s UK Chief Underwriting Officer. After 3 years with Castel, how does the former Energy Underwriter assess his career in the insurance industry so far, what has he learnt and what challenges lie ahead? How did you first get into the insurance industry? After finishing university, my aim was for […]

Leading UK MGA Castel Underwriting Agencies Ltd (Castel), has announced the launch of a contingency underwriting cell, focussing on the sports, leisure and entertainment industries. It will be led by contingency market heavyweight Yaël Mimran, who joins from Liberty Specialty Markets, and Nick Carragher from Tysers.   Yaël Mimran is a leading figure in the […]

Assignment of PA-2 includes “excellent” scores on all five components Castel Underwriting Agencies Ltd (Castel), including Castel Underwriting Europe BV, has become the first UK MGA to receive a Performance Assessment from credit rating agency AM Best. Castel is the only UK MGA to date and one of the first MGAs globally to receive an […]