The Broker Investment Group launches MGA division

Unit's chief executive named

The Broker Investment Group launches MGA division

Insurance News

By Terry Gangcuangco

The Broker Investment Group (TBIG) has created an MGA (managing general agent) division to be headed by chief executive James Watkin (pictured).

Based in Maidstone, the MGA division CEO will have a UK remit and will be focussed on further expansion of TBIG’s MGA stable through acquisitions and the creation of new entities.

“I am delighted to have been given the opportunity to join TBIG following my consultancy role at what is a very exciting time for the group,” said Watkin, the former managing director of Camberford Underwriting who helped create the architecture for the new unit.

“I look forward to working with Peter, Dave, and the wider TBIG team to build the MGA division while delivering profitable and sustainable growth for our insurer partners and a range of solutions for our brokers.”

The key hire was referring to group CEO Dave Clapp and group executive chairman Peter Cullum CBE. Cullum has worked with Watkin for a number of years and is “absolutely delighted” to add him to TBIG’s executive team.

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