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Category: News

Verve Risk Partners launch on Castel’s MGA platform to target US insurance industry clients with professional and management liability offering

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 […]

MGAA Matters: MGAs and the Insurance Act – engaged and prepared

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 […]

Castel appoints Mark Sambridge to new binding authority management role

20 July 2016 – Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has appointed Mark Sambridge as binding authority manager. In this newly created role, Mark will also be responsible for the development, management and governance of all Castel’s binding authority arrangements. This includes the development and ongoing monitoring of the firm’s binding […]

Altitude Expands Aviation Team With Audis Appointment

Altitude Risk Partners (Altitude), the global aviation and space underwriting business, has expanded its general aviation capabilities with the appointment of Martin Audis as senior underwriter. Audis joins from Starr Aviation where he was a senior underwriter for general aviation business. He has over 15 years’ experience in building and developing general aviation portfolios in […]

Castel CEO elected to MGAA Board

Mark Birrell, Chief Executive of Castel Underwriting Agencies (Castel), the club-style MGA formation platform, has, today, been appointed as a board director of the Managing General Agents’ Association (MGAA). Birrell’s appointment follows a formal ballot of the Association’s MGA membership to elect member representatives to the board. His directorship, for a three-year term, was ratified […]