Breaking News
Parametric Climate Risk Transfer Specialist Arbol Appoints Pro MGA Global Solutions
Pro MGA Global Solutions (Pro MGA), the independent managing general agent (MGA) incubation division of global re/insurance trusted guidance provider, Pro Global Holdings Limited, is pleased to announce that it has been appointed by technology-led underwriter of parametric risk transfer, climate and weather reinsurance, Arbol Inc (Arbol), to support its UK launch and international MGA expansion strategy.
Arbol is a global leader in climate risk solutions and is expanding into the UK by launching a new London-based MGA which will service the international insurance markets outside the U.S. Arbol’s UK MGA will offer a range of products for the agriculture, renewable energy, and construction industries, and it will use its UK partnerships with capacity providers and brokers to broaden its global network.
Pro MGA will deploy its full incubation services including its unique turnkey solutions as an appointed representative, providing Arbol with the necessary strategic and regulatory oversight as well as back office services to ensure its continued successful and compliant growth.
Danny Maleary, CEO of Pro MGA Global Solutions, said:
“We are delighted to be supporting Arbol’s UK and international growth ambitions for its MGA strategy, and look forward to helping the company to realise its important expansion plans in this sector. We very much look forward to working with the Arbol team as they continue their mission to empower organisations and individuals to achieve financial climate resilience.
As a leading independent MGA incubator platform, we are known for our ambition to provide an innovative and entrepreneurial platform – including regulatory support, operational infrastructure, compliance assistance, risk management expertise, and industry connections – through which forward-thinking companies can expand into new markets with far greater confidence.”
Sid Jha, CEO and Founder of Arbol, commented:
“Our expansion into the UK is a key moment for Arbol as we continue to provide businesses with straightforward and practical tools to manage climate risks. Our London-based MGA combines the proprietary technology, data, and underwriting tools of the Arbol ecosystem with our team’s global expertise in structuring climate solutions – thereby offering businesses a reliable shield against seasonal and catastrophic climate risks.
The strength of Pro MGA’s regulatory support and appointed representative framework were key factors in our decision to partner with them and we are looking forward to working with Danny and his team as we embark on the next chapter of our growth journey.”
- SUNRATE Secures Bank Negara Malaysia Licence, Enabling Full-Scale Operations in Malaysia Read more
- NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA Read more
- COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure Read more
- Regional Openness and the Shift to Cloud Processing Read more
- TSAM London: MinuteMaster on The Rising Cost of Meeting Inefficiency in Asset Management Read more
Origami Risk’s P&C Platform Selected by Gramercy Risk Management
Origami Risk announced Gramercy Risk Management has selected its cloud-native SaaS P&C platform to support its continued growth and expansion
Datamatics Expands Client Relationship with a Fast-Growing American Insurtech Firm to Drive AI-Led Operations Transformation
Datamatics announced an expansion of its engagement with a leading American InsurTech firm specializing in small business insuranc
Marsh Risk Unveils AI-Powered Risk Companion Suite of Analytics to Empower Clients With Faster, Smarter Risk Management
Marsh Risk announced the launch of Risk Companion, the next iteration of its digital solutions suite designed to help clients efficiently manage their unique risks
Roamly Launches World’s First Real-Time Insurance for Autonomous Fleets with a 50% Discount
Roamly has launched Roamly FSD (Full Self Driving), a first-to-market, usage-based product for commercial insurance built for the autonomous fleet er
Root Insurance Launches 24-Hour Agent Appointment Program, Setting New Industry Standard for Speed
Root announced the launch of its 24-hour agent appointment program, enabling independent insurance agents to complete onboarding and begin selling policies
BMS Group Selects mea Platform’s AI Products to Advance Placement Efficiency Through Digital Broking Operations
mea Platform announced that BMS Group has selected mea’s Broking Operations products to enhance placement efficienc
Track Claims “Like Food Delivery” With New Insly Claims Portal
Insly has launched a new claims portal enabling MGAs and insurers to give policyholders a modern, self-service claims experience
SUNRATE Secures Bank Negara Malaysia Licence, Enabling Full-Scale Operations in Malaysia
SUNRATE, the global payment and treasury management platform, announced that it has been granted a Class B licence under the Money Services Business Act 2011 by Bank Negara Malaysia, marking a significant milestone in the company’s continued expansion.
NUVA Digital Raises US$5.2M to Accelerate Development of Web3 Real-World Asset Platform NUVA
NUVA Digital, the software development company behind the RWA marketplace NUVA, today announced the successful closing of a US$5.2 million fundraising seed round led by Morgan Creek Digital. NUVA is the non-custodial, unified distribution layer for high-quality real-world asset (RWA) vaults. It offers users one-click access, enabling them to deposit stablecoins to mint liquid, composable tokens that deliver yield. NUVA ensures transparency and seamless DeFi composability with on-chain proof of reserves, without requiring minimum deposit requirements or lockups.
COINPAYMENTS and duPont REGISTRY Group Announce Alliance to Power Digital Payment Infrastructure
COINPAYMENTS, a leading global digital payments infrastructure provider, has announced a landmark alliance with duPont REGISTRY Group, the world’s premier, high-tech luxury automotive ecosystem, to power digital payment capabilities within its next-generation duPont REGISTRY digital marketplace.
Regional Openness and the Shift to Cloud Processing
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
TSAM London: MinuteMaster on The Rising Cost of Meeting Inefficiency in Asset Management
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Atos Selected by LCH SA to Migrate its Financial Information Systems to the Cloud
Atos, a global leader of AI-powered digital transformation, announces it has signed a three-year contract with LCH SA, the global clearing house based in Paris, to assist LCH SA with the migration of its financial information systems on a highly secure, SecNumCloud-qualified cloud infrastructure, while guaranteeing full continuity of operations.
KAST Appoints Former SEC Official to Lead Policy Communications as Company Targets US Market Growth
KAST, the global financial platform built on stablecoin rails, announced today that Stephanie Allen, a former senior advisor at the U.S. Securities and Exchange Commission, has joined the company as Head of Corporate and Policy Communications.