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Castel Targets African Reinsurance Business With Launch of First Corporate Underwriting Cell

30 November, 2015

Castel Underwriting Agencies (Castel), the MGA platform has today launched its first corporate underwriting cell, working with One Re, a specialist African focused reinsurer, to target facultative reinsurance business across Sub-Saharan Africa. One Facultative Acceptances will be underwriting property and engineering facultative reinsurance portfolios for African-domiciled businesses. The capacity is led by A+ security rated […]

MGA Poll Shows Appetite For More Prominent Role In Insurance Claims Process

19 November, 2015

MGAs are keen to be more involved in the claims process; they view claims as a core competence and recognise its intrinsic link with underwriting according to the latest MGAA Matters Survey1. The fourth survey looks at the current role of MGAs in the claims process and their future plans to develop their claims functions […]

Castel Appoints Powell To New Claims Manager Role

3 September, 2015

London – Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed Vanessa Powell as its first claims manager. Powell joins from Mitsui Sumitomo Insurance Group where she was Aviation Claims Manager. She has over 30 years’ experience across all classes of aviation claims and has held senior claims roles within a number of established […]

Castel Appoints Nugent As Chief Underwriting Officer In Preparation For Launch Of New MGA Cells

1 July, 2015

Castel Underwriting Agencies, the club-style MGA formation platform, has today appointed James Nugent as its first chief underwriting officer. Nugent joins from Amlin where he was head of underwriting performance and responsible for underwriting performance, governance and quality assurance. His insurance career spans over 35 years, 25 years of which were spent with Amlin (previously […]

Altitude Adds General Insurance Corporation Of India To Capacity Providers

26 June, 2015

Altitude Risk Partners, Castel’s global aviation and space underwriting business, has added the General Insurance Corporation of India, the world’s 15th largest reinsurer, to its aviation capacity providers. The Indian government owned business joins existing capacity providers Barbican Syndicate 1955, HDI-Gerling Industrie Versicherung AG, Sompo Japan Nipponkoa Insurance Inc, China Pacific Property Insurance Company Ltd […]

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