Agile Underwriting Solutions acquires Owl First Dive

Agile Underwriting Solutions acquires Owl First Dive | Insurance Business Canada

Professional Risks

Agile Underwriting Solutions acquires Owl First Dive

The move will expand its niche offerings

Professional Risks

By
Noel Sales Barcelona

Agile Underwriting Solutions has completed the acquisition of Owl First Dive LLP (First Dive), a managing general agency (MGA) specializing in scuba diving insurance.

The deal marks a significant milestone for Agile, which is expanding its portfolio of insurance offerings.

Vancouver-based First Dive offers a comprehensive range of insurance products tailored for the Recreational Scuba Diving Industry, providing extensive coverage for individuals, dive charter companies, and resorts.

Under Agile, First Dive will offer the following services:

Individual professional liability for individual Dive Leaders (Dive Instructors, Dive Masters, Assistant Instructors)
Dive facility package including dive stores and resorts
Dive vessel package including coverage for divers in the water
Dive Equipment Manufacturers’ Product Liability package

Agile president Brett Graham (pictured) has expressed his excitement for the merger: “This acquisition supports Agile’s ongoing dedication to build scale and strengthen the managing general agent model to provide truly tailored, innovative, and competitive insurance solutions to North America. We look forward to working with their passionate team of employees to meet the demands of this rapidly expanding industry.

“The scuba diving industry has experienced significant growth in recent years, with an increasing number of individuals and businesses seeking reliable insurance coverage. Agile’s expanded portfolio, bolstered by the addition of First Dive, positions the company as a trusted partner for the scuba diving community, providing tailored insurance solutions to protect against potential risks and liabilities.”