Acies MGU expands into marine insurance with launch of TEDmar International

Acies MGU (Acies), a technology and data-driven managing general underwriter (MGU) specialising in the creation and management of niche insurance businesses, has announced its expansion into the marine insurance sector through the launch of TEDmar International (TEDmar), a managing general agent dedicated to the ports and terminals market. The new business will be led by…

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Reinsurance at ‘critical inflection point’ as record capital tests underwriting discipline: AM Best

A new AM Best report has warned that the global reinsurance segment is at a “critical inflection point”, with strong earnings since 2023 pushing capital to record levels and intensifying competition, particularly in property, raising questions over whether underwriting discipline will hold or irrational competition will emerge, leading to another traditional soft market cycle. The…

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Accredited selects Hellenic Hull as first dedicated ocean marine MGA partner

Accredited Insurance (Europe) Limited (Accredited) and Hellenic Hull Management (HM Insurance Agencies) Ltd (Hellenic Hull) have entered into a delegated authority partnership covering Hull & Machinery, ancillary marine risks and Marine Cargo. Hellenic Hull is a marine insurance management company specialising in Hull & Machinery coverage for all types of vessels. The company has been…

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