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 […]

Square Pegs, which offers brokers specialist business insurance coverage for complex and unusual SME risks via a dedicated e-trading platform, has become a standalone underwriting cell within Castel Underwriting Agencies Limited (Castel). The move is in response to strong profitable business growth since launching as part of Castel’s specialty division in 2019. Square Pegs enables […]

Castel Underwriting Agencies Limited, has today announced that Matthew Melville has joined to lead its renewable energy underwriting cell.  Castel’s renewable energy proposition is primarily aimed at asset and revenue protection for wind and solar energy with a book of marine, construction and operating risks, business interruption, general liability, terrorism and natural catastrophe coverages.  Matthew […]

Castel Underwriting Europe B.V. (Castel Europe), the European subsidiary of Castel Underwriting Agencies Limited (Castel), has today announced the acquisition of Arena N.V. (Arena), the Belgian-based specialist accident and health (A&H) MGA from StarStone Group for an undisclosed sum. Arena has been servicing a range of sports clubs and federations in Belgium for over 25 […]

Castel Underwriting Agencies Limited, has entered the renewable energy market with a new proposition primarily aimed at asset and revenue protection for wind and solar energy producers. Castel will underwrite a book of marine, construction and operating risks, business interruption, general liability, sabotage, terrorism and theft losses and natural catastrophe coverages. Garrod Hill, former Executive […]