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Clear Group Acquires UK MGA Accelerate Underwriting

Insurance Journal

The Clear Group, the London-based independent insurance broker, announced the acquisition of the managing general agency, Accelerate Underwriting. Established in 2015, Accelerate Underwriting is a … Financial terms of the deal, which is its fourth involving an MGA, were not disclosed.

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Origin Specialty Acquires Agribusiness Managing General Underwriter AIMS

Insurance Journal

Illinois-based specialty insurance broker Origin Specialty Underwriters Agency announced it has acquired Agricultural Insurance Management Services (AIMS), an agribusiness insurance-focused managing general underwriter based in Bow, New Hampshire.

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People Moves: Aon Reinsurance Solutions Announces New Senior Leadership Roles; Ryan Specialty Underwriting Managers Int’l Hires 3 in Leadership Team

Insurance Journal

This edition of International People Moves details appointments at Aon and Ryan Specialty Underwriting Managers International. Reinsurance Solutions Team Insurance broker Aon plc announced … A summary of these new hires follows here. Aon Announces New Senior Leadership Roles in U.S.

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H.W. International Agrees to Sell UK, French and Greek Operations to Steadfast Group

Insurance Journal

the Amsterdam-based, privately owned insurance broker, announced the sale of H.W. and HWI France to Steadfast Group, the largest general insurance broker network and underwriting agency group in Australasia and owner of one of the … International B.V.,

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What is a Managing General Agent (MGA) in Insurance?

Distinguished

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. How do MGAs Differ From Insurance Brokers?

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Part 3: Workers’ Comp Independent Premium Audits Explained

AMAXX

Assignment of Classification Codes Initially, insurance brokers typically assign classification codes when securing coverage for employers. Brokers discuss the nature of the employer’s work to determine the most suitable code. You should consult with your insurance broker, attorney, or qualified professional.

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Hotel Primary Insurance: A Check-In to Success for Insurance Brokers

Distinguished

Ready to boost your expertise in Hotel Primary Insurance? If you missed our recent 30-minute webinar, “Hotel Primary Insurance: A Check-In to Success for Insurance Brokers,” don’t worry. Underwriters with hospitality industry knowledge and expertise. A: Yes, on a base by case basis.