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Category: News

Castel enters Contingency market with Yaël Mimran hire from Liberty

Leading UK MGA Castel Underwriting Agencies Ltd (Castel), has announced the launch of a contingency underwriting cell, focussing on the sports, leisure and entertainment industries. It will be led by contingency market heavyweight Yaël Mimran, who joins from Liberty Specialty Markets, and Nick Carragher from Tysers.   Yaël Mimran is a leading figure in the […]

Castel becomes first UK MGA to receive AM Best’s Performance Assessment

Assignment of PA-2 includes “excellent” scores on all five components Castel Underwriting Agencies Ltd (Castel), including Castel Underwriting Europe BV, has become the first UK MGA to receive a Performance Assessment from credit rating agency AM Best. Castel is the only UK MGA to date and one of the first MGAs globally to receive an […]

Castel gets on its bike for Cure Parkinson’s charity

Castel Underwriting Agencies Ltd (Castel) is well on track to raise over £250,000 for charity Cure Parkinson’s with its first ‘office2office’ bike ride having raised £196,000 in corporate sponsorship already. The ride covers an impressive 480km from its London to Amsterdam offices travelling through four countries. 40 riders from across the London insurance market have […]

Castel targets US professional liability business with launch of new underwriting cell North American Professional Liability

Castel Underwriting Agencies Ltd (Castel), has today launched a new underwriting cell, North American Professional Liability (NAPL) to focus on professional service firms’ business in the US. The cell is writing both primary and excess layer coverage for larger risk managed clients including law firms, accountants, architects and engineers and construction risks. NAPL has secured […]

Vecta Risk Partners completes management buyout from Castel

Vecta Risk Partners (Vecta), a division of Castel Underwriting Agencies Ltd (Castel), has today completed a management buyout from the club-style MGA formation platform. Vecta, which launched on the Castel platform in 2017, writes specialist group and individual accident & health (A&H), travel and lifestyle insurance business across the UK and Europe. The management buyout […]