NEWS – Under New Management!

August 2021 Vancouver, BC -  Troy Moreira and Alex Meier today announce that Mar Nova Holdings (controlled by Moreira) has acquired 100% of PLUS Underwriting Managers Ltd.  PLUS is a Managing Underwriting Agency (MUA) headquartered in Vancouver BC.  

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"After a short break from the insurance industry, I am thrilled to announce my return to the specialty managing underwriting agency arena in Canada.  PLUS will serve as an excellent foundation upon which to grow a multi-line specialist underwriting agency to serve brokerages across Canada” says Moreira.  “I welcome the existing PLUS team and look forward to growing our product offering and team of experts across Canada”.   

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Moreira adds “My past broker distribution partners and insurer partners around the world had expressed to me that due to all the recent industry consolidation, there is now a large need in the market for a truly independent and entrepreneur operated MUA.  So here I am, back at the helm and already assembling a new team. My team and I have big plans for PLUS that will benefit broker distribution in Canada and our underwriting partners - we are very excited for the future“.    

About Troy Moreira

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Troy Moreira began his insurance career in 1996.  As CEO (and a principal owner) of one of North America’s leading Managing Underwriting Agencies, Troy built his prior underwriting agency from a single-line marine boutique with a handful of staff into a multi-line specialist underwriting agency with over 100 staff with key strengths in: construction, professional liability, environmental lines, marine, specialty casualty, medical malpractice, and specialty personal lines products. Troy is well-known by brokerages across Canada through his specialty insurance education seminars which he served as principal speaker/instructor, connecting with over 3,000 plus brokers each year between 2004 and 2019.