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In insurance, a managing general agent is defined legally as "an individual or business entity appointed by an underwriting insurer to solicit applications from agents for insurance contracts or to negotiate insurance contracts on behalf of an insurer and, if authorized to do so by an insurer, to effectuate and countersign insurance contracts".
Victor Canada (formerly ENCON Group Inc.) is a Canadian managing general agent headquartered in Ottawa, Ontario, Canada with additional offices in Mississauga and Edmonton. The company focuses on offering professional liability and construction insurance , as well as group and retiree benefits programs for individuals, professionals ...
MedPro’s insurance policies are distributed primarily through a nationwide network of appointed agents and brokers and supplemented by the selective use of managing general underwriters, as well as wholesale and direct channels.
It is also called a managing underwriter or a syndicate manager. [1] The arranger is paid either through an arranger fee, through skimming or through structuring fees. In Europe the term most used is the mandated lead arranger, they generally have the leading role in the financing stage of a project.
W. Brown & Associates (WBAIS) is an independently owned Wholesale Insurance Broker and Managing General Agent (MGA), headquartered in Irvine California.Founded by a group led by William Brown in 1987, the company's initial market was Aviation insurance, however over time W. Brown & Associates expanded into the adjacent Property and Casualty insurance market in addition to its aviation ...
The attorney general's notice doesn't request specific information. But “justifying” generally means demonstrating that the underwriter is financially sound and able to pay the bond amount if ...
Image source: The Motley Fool. Rithm Capital (NYSE: RITM) Q4 2024 Earnings Call Feb 06, 2025, 8:00 a.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
2018, Acquired Y-Risk, a managing general underwriter specializing in economy risks, with managing general agencies across the U.S. [12] 2014: Sold its Japan annuities business to Orix Life Insurance Corp. [13] 2013: Sold its life insurance business to Prudential, retirement plans to MassMutual, and a broker-dealer to AIG. [14]