Executive Summary One of the greatest truisms in our industry is that insurance is cyclical by nature. Years of hardening rates, tighter underwriting standards and constrained capacity are followed by years of increased competition, growing capacity and downward pressure on pricing. In 2026, competition is intense across multiple classes, capacity is generally available, and buyers are benefiting from improved terms and conditions in many areas: we are undoubtedly in a soft market. […]
Optio Group (Optio), the independent specialty MGA, announces the completion of its acquisition of the MGA Gardian Marine Limited (Gardian Marine), first announced in March of this year, having received all necessary regulatory approvals. […]
Optio Group (Optio), the independent specialty MGA, today announces the acquisition of Construction Guarantee Underwriters Limited (“CGU”) for an undisclosed sum. With over 40 years of underwriting heritage, specialising in construction surety and performance bonds, CGU is an established fixture of the Irish construction market. […]
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. […]