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Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

Property Insurance Coverage Law

With six sailboats and a motorboat, I consider myself an enthusiast, though my insurance agent probably sees me as a … The post Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog.

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Specialty Program Group Acquires Miami-Based ANOVA Marine Insurance

Insurance Journal

Specialty Program Group, a specialty insurance brokerage and distribution firm headquartered in Chicago, has acquired Florida-based ANOVA Marine Insurance, a managing general agent and Lloyd’s coverholder. ANOVA, in business since 2011, offers automated coverage and global policies for cargo, and …

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Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage

Property Insurance Coverage Law

With six sailboats and a motorboat, I consider myself an enthusiast, though my insurance agent probably sees me as a … The post Boatowners Beware! Buy a Marine Policy Rather Than Relying Upon a Homeowners Policy For Coverage appeared first on Property Insurance Coverage Law Blog.

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What is a Managing General Agent (MGA) in Insurance?

Distinguished

A Managing General Agent (MGA) is a specialized type of insurance intermediary that has underwriting authority granted by an insurer. Unlike agents or brokers, MGAs can bind coverage, price policies, and handle claims they essentially act as an extension of an insurer. What are the Benefits of Partnering With an MGA?

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Markel to Acquire UK Specialist Marine MGA, The MECO Group Ltd.

Insurance Journal

Markel, the insurance operations within Markel Group Inc., announced it has agreed to purchase The MECO Group Ltd. MECO), subject to regulatory approval. Financial details of the transaction were not disclosed. Founded in 1974, MECO is a leading, independent specialist …

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Dare to Disrupt: InsurTech Insights 2025

Majesco

Last year, we were on the main stage where I moderated a panel talking about GenAI and AI and we had the same panel back looking at where we are a year later as an industry with Jim DeMarco from Microsoft, Manish Shah from Majesco and Bob Pick from Tokio Marine. The human touch is still essential.

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Distinguished Programs Introduces Commercial Surety Division Led by Miguel Ferreira 

Distinguished

Were focused on building a high-performing commercial surety team that is dedicated to offering great service and truly understands the needs of our agents and clients. Launching this division is a tremendous opportunity, and Im honored to lead the effort, Ferreira said. Distinguished enlisted the assistance of U.S.