Category Archives: MGB News


06

Dec 2022

Where is the UK PI market heading in 2023?

MGB Insurance Brokers joint managing director Nick Bender recently sat down with Insurance Business UK to give his take on the direction the UK Professional Indemnity Insurance market is going in 2023. Speaking to Senior UK News Editor, Mia Wallace, Nick covered a range of topics including the impact of a prolonged economic recession be on the development of this market and what changes can…

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18

Jul 2022

Capacity returns to the insurance market for financial institutions

Marie Voysey-Moss, Associate Director with MGB Insurance Brokers, was recently interviewed by Commercial Risk, where she examined the current state of the Financial Institutions (FI) market. During the interview, Marie shared: “The situation is definitely improving in the FI market. For a long time, it felt like capacity was being so stringent that insurers almost had to find reasons not to underwrite risks. Now there…

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07

Mar 2022

MGB discusses the consequences of the softening UK PII market

In a recent issue of the Insurance Business UK podcast, IB Talk, MGB’s Joint Managing Director, Nick Bender and Pat Boreham, Director of Broker Development, discussed how the UK PII market has evolved throughout the pandemic and key trends currently buffeting the sector. During the conversation they focus on the difficulties brokers face, the solutions available to brokers, and how underwriters are looking at risks…

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01

Sep 2021

MGB discuss navigating the hard PII market on the Insurance Business UK podcast

MGB Insurance Brokers joint managing director, Nick Bender, and head of broker development, Pat Boreham, recently featured on the Insurance Business UK podcast to discuss the hardening of the Professional Indemnity Insurance market as rate increases and cover restrictions are creating tough changes for brokers to confront. In the episode, Nick and Pat explain how the market arrived at its current state and the impact…

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26

Jan 2021

2021: What lies ahead for the Professional Indemnity Insurance market

Our Joint Managing Director, Nick Bender was featured in an Insurance Age expert opinion piece discussing the current Professional Indemnity insurance (PII) market. In the article Nick provides his views on the current market conditions, the impact of covid-19 and how he sees the market developing in 2021.


02

Nov 2020

Trireme Insurance Group Rebrands as Oxford Insurance Group

Trireme Insurance Group, the international subsidiary of U.S. Risk Insurance Group, today announced the company has officially rebranded under a new name, Oxford Insurance Group. Oxford Insurance Group will serve as the parent company of Oxford Insurance Brokers Ltd, which includes the U.K.-based trading entities James Hampden International Insurance Brokers and MGB Insurance Brokers. Other members of the group include Switzerland-based UNIS AG and Dubai-based…

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19

Mar 2020

Coronavirus Update from MGB Insurance Brokers

We write to inform you that our staff will be working remotely in line with the latest advice from the UK government, both for their protection and to play our part in the effort to slow the spread of COVID-19. We have worked hard to ensure that our operations remain robust and resilient during challenging times such as these. Therefore, we are fully equipped and…

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15

Nov 2019

MGB attend Broker Expo 2019

Once again MGB Insurance Brokers took a stand at Insurance Age’s Broker Expo, held in Coventry at the Ricoh Arena. Attracting over 1,000 brokers from across the country and 100+ exhibitors from insurance industry, the conference provided MGB with an excellent opportunity to build new relationships and renew old acquaintances. Pat Boreham, Quintus Botha and Michael Holloway were present on MGB’s new stand. Speaking about…

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03

Sep 2018

MGB Insurance Brokers Limited acquired by Trireme Insurance Group

Trireme Insurance Group, the international subsidiary of U.S. Risk Insurance Group, LLC, is pleased to announce that it has acquired MGB Insurance Brokers Limited (MGB). MGB will operate alongside Trireme’s existing London brokers, Oxford Insurance Brokers and James Hampden International. Founded in 2001, and headquartered in London, MGB is a Lloyd’s broker specializing in placing professional indemnity risks for companies in the construction, consulting, accounting,…

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25

May 2017

MGB Insurance Brokers appoints new Broker Development Executive

March 2017 – MGB Insurance Brokers is pleased to announce the appointment of Tim Grant as Broker Development Executive. Tim has worked in the Professional Indemnity market and has extensive experience in transacting wholesale business throughout the UK for SME to large corporate risks. Tim will help to develop MGB’s relationship with broker partners around the country and, in particular, help to grow MGB’s cyber…

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