Late cycle MGA gold rush continues with Long start-up

The juggernaut of London market MGA formation is showing no
signs of slowing with the news that Aspen Re's former London
head Stefan Long isworking on a start-up in conjunction with Martin Reith's
Neon.
Interest in the MGA space has been intense in recent months as
underwriters from corporate backgrounds look to reinvent themselves
as entrepreneurs and a growing number of incubators vie for their
signatures.
MGA creation typically gathers pace in the latter stages of the
soft cycle...