MGA unveils 'one stop shop'

Ink has confirmed that it has rebranded.

As revealed in Insurance Times last week, the Giles-owned managing general agency has unveiled unveiled a new name, visual identity and proposition for the broker market.

The company formerly known as Ink Underwriting will now be called Ink Insurance, offering brokers access to specialist products from some of the UK’s leading insurers, access to specialist and high-risk markets and advantageous commissions. Its panel insurers include ACE, Aviva and Groupama.

Ink said its ‘one stop’ solution for brokers gives it the capacity to either underwrite solutions, broke solutions in the wider London market, or engage its specialist scheme providers to produce a solution within one of its niche areas.

Under a new broker reward scheme, the level of commission brokers receive will be linked to the amount of business they place with Ink.

Ink Insurance managing director Mike Smith said: “Thanks to our comprehensive package of underwriting, placement and exclusive schemes, we are able to place the vast majority of business, meaning brokers won’t need to search multiple markets. What’s more, new markets will become available to them as we develop the offering further.”

“Our complete insurance solution is not only new for us, but new to the industry as a whole.”

Click here to read our interview with Ink boss Mike Smith.