by Karen Wepener | Apr 20, 2023 | Press Release, Uncategorized
The Potential for Growth The MGA market is showing promise, remaining buoyant despite capacity restraints in a hard market. In fact, MGA premiums worldwide reached a record $60bm (£53bn) in 2021, up from $51bn (£45bn) the year before [1], whilst “revenues earned...
by Karen Wepener | Oct 13, 2022 | Uncategorized
Anti-Modern Slavery & Human Trafficking Policy 1. Introduction NuVenture International Ltd (“NuVenture”) is committed to conducting its business with the highest level of legal, professional, and ethical standards, in compliance with Applicable Laws and based on a...
by Karen Wepener | Oct 10, 2022 | Press Release, Uncategorized
MGAs 1.01 What is an MGA? What do they do? A managing general agent, or “MGA”, is an insurance business that has delegated authority on behalf of insurers to write business on their behalf. Put simply, MGAs are given access to a pool of money (“capacity”) by insurers...
by Karen Wepener | Aug 23, 2022 | Press Release, Uncategorized
Achieving More With Digital It’s no secret that Investment in digital/technology solutions is critical. If you don’t do it you’re already out of date. That said, technology on its own doesn’t provide a complete answer and technology doesn’t solve every challenge....
by NuVenture | Mar 31, 2021 | Press Release, Uncategorized
What’s your background? I joined NuVenture in November 2020 from NuVenture’s parent company Xceedance; who I’d been with since they launched eight years ago. Before that my first job was with an MGA in India which was part of the Berkshire Hathaway group, focused on...
