When we first began trading in Asia almost 13 years ago, the MGA model was a relatively unfamiliar concept. Progress was slow at first and levels of understanding varied widely. Over time, MGAs have gained real traction in the region and are now recognised as a credible, competitive model for delivering specialist underwriting. They have also become an attractive option for underwriters who are looking for a fresh start and the ability to be in charge of their own destiny, run their books of business and be financially incentivised along the way. […]

Optio Group, a leading specialty MGA, today announces the appointment of Harald Teige who joins S Insurance AS (S Insurance), an Optio company, as head of coastal marine. Based in Oslo, Teige will report to Morten F. Basthus, chief underwriting officer and assumes his role immediately. […]

Optio Group, a leading independent specialty MGA platform, today announces the completion of its acquisition of UK-based MGA Custodian Management Ltd., first announced in May, having received all necessary regulatory approvals. […]

Optio Group (Optio), an independent specialty MGA, today announces the completion of its acquisition of Norwegian-based MGA S Insurance AS (S Insurance), first announced in March, having received all necessary regulatory approvals. […]

Optio is pleased to announce it is now underwritingtransactions with enterprise values up to GBP/EUR 250m (previously limited to GBP/EUR 120m). As one of the market’s leading specialist SME underwriters, the increase will allow Optio to better service clients on some of the larger transactions within the small to mid-market (such as buy-and-build exits), whilst remaining committed to those transactions that it has always underwritten. […]