Optio taps insider to expand political violence and terrorism book UK
The specialty MGA has tripled its line size for single risks to $150 million.
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The specialty MGA has tripled its line size for single risks to $150 million.
Optio Group, a London-based specialty MGA focused on emerging insurance risks, announced it has acquired Brockwell Capital Ltd., a leading warranty &
Optio acquired Northcourt in April to change the dynamics of the nuclear insurance market.
This edition of International People Moves includes appointments at the first sustainable insurer, Parhelion; at brokers Piiq Risk Partners and Gallagher;
London MGA Optio Acquires Nuclear Insurance Specialist MGA Northcourt April 29, 2021 LONDON — Optio Group, a specialty managing general agency, said it has acquired nuclear risk specialist Northcourt for an undisclosed sum. Launched in 2010, Northcourt is an MGA licensed to underwrite nuclear property and liability risks globally, with clients across Europe, Russia, China, South Africa and Canada, among others. Capacity is provided by a panel of Lloyd’s and company market insurers, all “A” rated or above. Optio says it plans to “significantly” e...