Brown and Brown partner with MGA to offer agricultural cover

Insurance broker Brown and Brown has agreed a deal with specialist MGA Progeny Underwriting to distribute its agricultural products.

The deal will see all Brown and Brown brokers gain access to an offering of core farm and motor cover, as well as specialist products for livestock herd and disease risks.

Brokers will also be able to offer the recently launched Progeny Protect, a management liability protection product designed to assuage legal and regulatory risks in the agricultural sector.

Progeny said its offering was designed to “reflect the practical needs of farmers and rural businesses, with a focus on relevant cover, strong claims support and differentiated options in a market where brokers often have limited points of distinction”.

The MGA’s agricultural offering is backed by a three-year capacity deal with MSIG Europe, while Axa XL and HB Underwriting provide capacity on its other specialist lines.

Differentiated proposition

Alun Roberts, founder and chief executive at Progeny, said: “This partnership delivers a genuinely differentiated proposition in a specialist sector for Brown and Brown brokers, strengthening their proposition in an area where choice can often be limited.”

Debbie Airey, area managing director for agriculture at Brown and Brown, added: “Our focus is on making sure farmers and rural businesses are supported by specialists who understand the sector and the pressures clients face every day.

“Our partnership with Progeny gives our brokers access to products that are not available elsewhere in the market and strengthens our offering to customers.”