19 January 2017: Soft market conditions have replaced regulation and compliance as the main factor affecting growth in the MGA (managing general agents) sector in 2017, according to the latest MGAA Matters, the research-based partnership between the Managing General Agents’ Association and MGA start-up specialists Castel Underwriting Agencies Limited (Castel) 1.  The survey of MGAA […]

London, 9th January 2017 – Vecta Risk Partners (Vecta) has launched today as an underwriting cell on the Castel Underwriting Agencies Limited (Castel) MGA formation platform to target accident & health (A&H), travel and lifestyle insurance business across the UK and European Economic Area (EEA). Vecta will focus on specialist group and individual A&H coverages, writing […]

3rd October, 2016 –Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has launched a new speciality division to support talented and entrepreneurial individual underwriters who have smaller books of niche business. Castel Specialty sits within Castel’s MGA operation alongside established underwriting cells Altitude Risk Partners, Medical & Commercial International (MCI), Newbridge Risk Partners, One […]

London, 19 September 2016 – Verve Risk Partners (Verve) has launched today as a cell on the Castel Underwriting Agencies Limited (Castel) MGA formation platform to target US professional and management liability risks, focusing on insurance companies and captives as well as insurance agents and brokers. Verve’s portfolio will include errors and omissions (E&O) and […]

On the eve of the Insurance Act coming into force, the latest MGAA Matters, the research-based partnership between the Managing General Agents’ Association and MGA start-up specialists Castel Underwriting Agencies (Castel), asks MGAs about how prepared they are for its implementation on 12 August 2016. The snapshot survey of 25 MGAs with gross written premium of up to […]