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 […]