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. […]

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. […]