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Category: News

Castel enters Construction and Engineering Market

Castel Specialty, a division of club-style MGA formation platform Castel Underwriting Agencies Limited, has entered the construction and engineering market with a new proposition primarily aimed at the UK, North American, Australia and Canada as well as other key territories. Heading up the new offering is Colin Rose, who has joined Castel from Beazley. Rose […]

Castel Launches Square Pegs, and e-trading solution addressing complex and unusual small business risks

Castel Specialty, the division of club-style MGA formation platform Castel Underwriting Agencies Limited that supports underwriters with niche business, has launched Square Pegs, an e-trade solution for brokers with complex and unusual small business risks. Square Pegs offers brokers access to a broad range of commercial coverage through a flexible online trading platform, enabling them […]

Castel promotes Benelux M&A and European tax team to standalone underwriting cell

London, 18 March 2019 – Following its continued growth, Castel Underwriting Agencies Limited (Castel) has promoted Transact Risk Partners (Transact) from a division within the Castel Specialty portfolio to a standalone underwriting cell on its MGA formation platform. Transact has expanded significantly, since its launch in September 2017, and provides warranty and indemnity insurance for merger and acquisition transactions […]

Castel Specialty adds marine specialty solution

London, 1 February 2019 – Castel Specialty, the division of club-style MGA formation platform Castel Underwriting Agencies Limited that supports individual underwriters with books of niche business, has included specialist marine coverages to its portfolio with the addition of Seacurus. Seacurus is led by Angus Bailey and underwrites a book focusing on revenue protection and credit default protection […]

Nexus Acquires Aerospace MGA Altitude Risk Partners from Castel

London, Friday 7th September, 2018: Leading independent specialty Managing General Agent Nexus Group today announces that it has completed the acquisition of Altitude Risk Partners (“Altitude”) from the club-style MGA formation platform Castel Underwriting Agencies Limited (“Castel”) via an asset purchase. Altitude is an Aerospace MGA based in London, co-founded in 2014 by David Godley, Richard […]