5G and LTE CBRS market to exceed $1.3bn by 2027

Annual spending in the US on Citizens Broadband Radio Service (CBRS) networks will surpass $1.3bn by 2027, driven by private cellular, neutral host and fixed wireless broadband network deployments, along with a slow but steady expansion of investments in 5G buildouts to enhance cable operators’ mobile virtual network operator (MVNO) services, according to research. … Read more

Aqueous secures capacity with pair as Allianz pulls back

Aqueous Underwriting has confirmed Allianz pulling back capacity on SME package, as it revealed a three-year deal with A+ rated insurers Allied World and Sompo. Only last year Aqueous signed a three-year capacity deal with the insurer to push on SME business. Aqueous claimed Allianz’s pull back followed a “mutual agreement reflecting differing strategic objectives”.  … Read more

MGA goes live targeting “significant gap” in the market

Managing general agent Carrow Insurance, led by Ronan Conboy, has launched targeting warranty, accident & health and income & payment protection products through a network of broker and distribution partners. The opening of the business, supported by Mission Underwriters with long-term capacity via the Accelerant Risk Exchange, was trailed last month. The MGA confirmed that … Read more