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MGAs focus on expanding distribution footprint as soft market becomes main factor impacting on sector growth

22 March, 2017

MGAA/Castel MGAs focus on expanding distribution footprint as soft market becomes main factor impacting on sector growth Mark Birrell, chief executive officer of Castel Underwriting Agencies and Peter Staddon, managing director of the Managing General Agents’ Association review the latest findings from the MGAA Matters survey. The impact of regulation, whether in relation to the […]

Vecta wedding insurance scheme selected to launch Wedinsure

19 February, 2017

Vecta wedding insurance scheme selected to launch Wedinsure London, 9 February 2017 – Vecta Risk Partners (Vecta), the specialist accident & health, travel and lifestyle insurance division of Castel Underwriting Agencies, has secured its first specialty scheme just one month after the firm launched, following its appointment as underwriter for new online wedding insurance provider, Wedinsure. […]

Soft market conditions replace regulation as main factor affecting MGA growth

19 January, 2017

19 January 2017: Soft market conditions have replaced regulation and compliance as the main factor affecting growth in the MGA (managing general agents) sector in 2017, according to the latest MGAA Matters, the research-based partnership between the Managing General Agents’ Association and MGA start-up specialists Castel Underwriting Agencies Limited (Castel) 1.  The survey of MGAA […]

Vecta Risk Partners targets accident & health growth in UK and EEA with launch on Castel’s MGA platform

9 January, 2017

London, 9th January 2017 – Vecta Risk Partners (Vecta) has launched today as an underwriting cell on the Castel Underwriting Agencies Limited (Castel) MGA formation platform to target accident & health (A&H), travel and lifestyle insurance business across the UK and European Economic Area (EEA). Vecta will focus on specialist group and individual A&H coverages, writing […]

Castel launches specialty division to back individual entrepreneurial underwriters

3 October, 2016

3rd October, 2016 –Castel Underwriting Agencies Limited (Castel), the club-style MGA formation platform, has launched a new speciality division to support talented and entrepreneurial individual underwriters who have smaller books of niche business. Castel Specialty sits within Castel’s MGA operation alongside established underwriting cells Altitude Risk Partners, Medical & Commercial International (MCI), Newbridge Risk Partners, One […]

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