Octave Specialty Group Emerges from Ambac Rebrand to Focus on MGAs
Octave Specialty Group, formerly Ambac Financial Group, rebrands and refocuses on specialty insurance and MGA acquisitions amid strong market growth.
Octave Specialty Group, formerly Ambac Financial Group, rebrands and refocuses on specialty insurance and MGA acquisitions amid strong market growth.
Specialty Program Group partners with Vertafore to implement the AI-enabled Surefyre platform, boosting underwriting efficiency and digital workflows for MGAs and wholesalers in the US insurance market.
Global Indemnity Group expands reinsurance capabilities with new MGA led by seasoned executive George Dragonetti, enhancing underwriting and growth.
Ambac Financial Group to rebrand after selling its legacy insurance portfolio, transitioning to a pure-play managing general agent and specialty insurance platform, reflecting strategic market repositioning.
Icen Risk, a London-based MGA, has launched U.S. operations with $50 million capacity from Zurich, marking a significant cross-border expansion in the insurance sector.
Pivix Specialty Insurance Services and Everspan Group launch a new primary general liability E&S casualty program targeting contractors, real estate, hospitality, and manufacturing sectors, enhancing MGA offerings through wholesale brokers.
USA Auto implements insured.io’s omnichannel customer engagement platform to enhance policyholder access and retention from launch.
United Risk acquires WTW's Verita, rebranding it as Verist to enhance specialty insurance services across multiple sectors including real estate and life sciences.
White Mountains Insurance Group expands its footprint by acquiring an additional 50% stake in MGA Distinguished Programmes for $230 million, enhancing underwriting capacity and market reach.
Launch Underwriters, an MGA platform, appoints a former MS Transverse executive as CEO, expanding its leadership with industry veterans to enhance insurance operations.