Medical & Commercial International (MCI), a division of Castel Underwriting Agencies Ltd (Castel), has today completed a management buyout from the club-style MGA formation platform. MCI, a specialised casualty underwriting business, launched on the Castel MGA platform in 2015. Today it writes over $50m of annual gross written premium across its main classes: Life Sciences […]

Castel Underwriting Europe B.V. (Castel Europe), a subsidiary of Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has today  entered in an agreement with The Hartford to acquire the renewal rights for Navigators Europe, the trading name of the Bracht, Deckers & Mackelbert NV (BDM)/ASCO Continentale Verzekeringen NV (ASCO), Rotterdam marine business. The […]

Castel appoints Gert van Middelkoop as Head of Marine   5 June 2020 – Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has today announced the appointment of Gert van Middelkoop as head of its new Marine Centre of Excellence. Van Middelkoop is responsible for the development and oversight for a marine book of […]

Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has today announced the appointment of Raoul Carlos as Head of Specialty as it structures its underwriting cells and MGAs into a number of centres of excellence focused on core classes of business.  Carlos will head up the Specialty Centre of Excellence and be responsible […]

Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has today announced the sale of Newbridge Risk Partners (Newbridge) to Optio for an undisclosed sum. Newbridge launched on the Castel MGA formation platform in 2015, writing a book of political violence and terrorism risks in emerging markets regions. The Newbridge team of Chris Kirby […]