New Paradigm Group Co-Founder Evan Glassman Announces Departure from MGA

The co-founder of New Paradigm Group, LLC, a Florida-based specialty general agency focused on parametric insurance, reinsurance, and risk transfer products, has left the company. Evan Glassman and Chairman Bradley Mayer founded the company nearly a decade ago with the goal of modernizing parametric insurance and reinsurance through innovative mechanisms that make the product more… Continue reading New Paradigm Group Co-Founder Evan Glassman Announces Departure from MGA

SUITELIFE Underwriting Managers Expands Programs to Include Franchise Hotels

SUITELIFE Underwriting Managers, a leading managing general underwriter (MGU) for full-service hotels, premier hotels, boutique hotels, condo-hotels, resorts and hotel management companies, is pleased to announce the addition of the Franchise Hotel Program to their portfolio. SUITELIFE is part of the Ryan Specialty family within the underwriting managers specialty of the firm, Ryan Specialty Underwriting… Continue reading SUITELIFE Underwriting Managers Expands Programs to Include Franchise Hotels

Howden RE and TigerRisk to Create Largest Gobal MGA Business

2023 insurance M&As lowest in a decade

Howden RE and TigerRisk Partners (“TigerRisk”) today announced the creation of a new group, Howden Tiger SabRE (“SabRE”), comprising the existing global MGA and Programme capabilities of Howden RE and TigerRisk. SabRE will be in place following the completion of Howden Group Holdings’ (“Howden”) acquisition of TigerRisk, which is expected to close in Q1 2023,… Continue reading Howden RE and TigerRisk to Create Largest Gobal MGA Business

SageSure Welcomes John Lummis as EVP of Capital & Risk Management

SageSure acquires GeoVera

SageSure, the managing general underwriter committed to protecting catastrophe-exposed property, today announced the appointment of John Lummis as Executive Vice President of Capital and Risk Management. Lummis brings more than 25 years of experience in senior executive, advisory, and investment roles within the property and casualty insurance industry, including his positions as the CFO and… Continue reading SageSure Welcomes John Lummis as EVP of Capital & Risk Management

Tangram Insurance Services Acquires New Empire Entertainment Insurance

Tangram Insurance Services, Inc., one of the largest independent managing general underwriters and program managers in the United States, acquired Los Angeles-based New Empire Entertainment Insurance effective August 1, 2022. New Empire is a leading insurance agency specializing in the entertainment industry. Since 2008, the New Empire team has helped thousands of production companies and… Continue reading Tangram Insurance Services Acquires New Empire Entertainment Insurance

SageSure and SURE Prevent Coverage Interruption for 14K+ South Carolina Homeowners

SageSure acquires GeoVera

SageSure, the insurance first, tech-forward managing general underwriter for coastal property, announced today the completed transfer of more than 14,000 South Carolina homeowners insurance policies from FedNat Insurance Company to its carrier partner SURE. The member-owned property insurance company SURE entered the South Carolina homeowners insurance market in June 2022, and will assume these policies.… Continue reading SageSure and SURE Prevent Coverage Interruption for 14K+ South Carolina Homeowners

Jimcor Announces New Underwriter: Commercial Lines in Georgia

Jimcor Agency, Inc. a national wholesale broker & MGA announced a new Underwriter: Commercial Lines in Georgia with the hire of Michael Becotte. Mike Becotte will be working out of their Cumming, GA office focused on Commercial Lines in the Southeast. He was most recently with Southern Insurance Underwriters prior to joining Jimcor. His career… Continue reading Jimcor Announces New Underwriter: Commercial Lines in Georgia

Cole Bogue Joins Builders & Tradesmen’s Insurance Services as Vice President of Surety

Builders & Tradesmen’s Insurance Services, Inc. (BTIS), a managing general agency focused on serving small businesses with end-to-end insurance solutions, is pleased to announce that Cole Bogue has been hired as Vice President of Surety. Bogue will oversee account management of clients with complex coverage needs, while simultaneously managing the success of all bond products… Continue reading Cole Bogue Joins Builders & Tradesmen’s Insurance Services as Vice President of Surety

Jimcor Announces New Underwriter: Commercial Lines in Georgia

Jimcor Agency, Inc. a national wholesale broker & MGA announced a new Underwriter: Commercial Lines in Georgia with the hire of Michael Becotte. Mike Becotte will be working out of their Cumming, GA office focused on Commercial Lines in the Southeast. He was most recently with Southern Insurance Underwriters prior to joining Jimcor. His career… Continue reading Jimcor Announces New Underwriter: Commercial Lines in Georgia

Acrisure Expands Technology Platforms with Acquisition of Appalachian Underwriters

Acrisure unveils New England region

Acrisure, a fast-growing fintech leader that operates a top-10 global insurance broker, today announced it acquired Appalachian Underwriters, a national Managing General Agency (MGA) and U.S. Administrator Claims, a Third-Party Administrator (TPA), in addition to affiliated entities. With a model that encompasses both an MGA and wholesale distribution, Appalachian places more than $400 million gross… Continue reading Acrisure Expands Technology Platforms with Acquisition of Appalachian Underwriters