40% of UK MGAs are either currently involved in mergers and acquisitions or planning to pursue M&A opportunities during the next three years in order to grow, according to the second MGAA Matters survey. MGAA Matters is a research-based partnership between the Managing General Agents’ Association (MGAA) and MGA start-up specialists Castel Underwriting Agencies (Castel). […]

Altitude Risk Partners, the global aviation and space underwriting business, has appointed former broker Charles Hollingworth as an underwriter. Hollingworth, who joined from Aon Risk Solutions where he was a products and aerospace broker, will work with the London-based team to develop and underwrite Altitude’s portfolio of quality worldwide aerospace risks. Altitude was launched earlier […]

Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has been short-listed in the Launch of the Year category of the 2014 Insider Honours awards. According to the judges, they were looking for companies that could demonstrate success in contributing to the global (re)insurance market in its short lifetime and prove the efficacy of […]

Castel Underwriting Agencies (Castel), the club-style MGA formation platform, has today announced the appointment of Mark Posner as its chief operating officer. He will report to chief executive officer, Mark Birrell, and lead the continued development of Castel’s scalable business processes, operational functions and management information provision. Prior to joining Castel, Mr Posner was operations manager at […]

Members of the Managing General Agents’ Association (MGAA) are prioritising the development of new business lines and products to drive organic growth over the next three years according to the first MGAA Matters survey. MGAA Matters is a research-based partnership between the MGAA and MGA start-up specialists Castel Underwriting Agencies (Castel). It has been launched to […]