Soros partnership Vibe creates hothouse for insurance agents
The Vibe group of firms backed by George Soros's Quantum Strategic Partners has launched an incubator business for managing general agents (MGAs). Called Vibe MGA Management, the business will offer an operational platform and specialist services for early-stage MGAs. The business intends to build a global offering from the diverse MGA clients it has secured on its platform. Vibe MGA Management has appointed Terry Wheatley to lead the board, develop strategy and monitor performance, risk and compliance.
Vibe targeting start-ups and developing firms.

The Vibe group of companies has launched Vibe MGA Management, an MGA incubator business.

The firm noted that principal investors Quantum Strategic Partners – which is managed by Soros Fund Management founded by George Soros – and Pine Brook Partners provide it with capital security and financial strength.

They latest offering is set to target “insurance entrepreneurs who want to make a difference and stand out from the crowd”.

It further detailed that the incubator service would deliver an