The Folgate Partnership has announced the creation of The Folgate Underwriting Agency (FUA).
FUA will manage underwriter relationships on behalf of The Folgate Partnership Group and confirmed that Norwich Union is the underwriting partner for the Folgate Insurance Company Seasons and Homefront household products.
Intermediaries would continue to receive renewal and new business terms in the traditional fashion via FUA, supported by Norwich Union capacity.
Chief executive of The Folgate Partnership Andy Homer said: "We have been able to bolt in place a new strategic market relationship that will have a growing impact on the way intermediaries' business is transacted in the coming months and years. Norwich Union has been chosen as our partner on this particular account because of their strength in this sector and their commitment to a potentially wider relationship with The Folgate
Partnership."
