MGA inks new marine capacity deal with Intact Insurance

MGA Geo Underwriting has penned a new capacity partnership with Intact Insurance, effective from 1 May 2026.

The MGA said the deal marked the next phase in the development of its specialist marine trade offering and will “broaden its trading capability” and “ability to deliver competitive solutions that meet rapidly evolving market needs”.

The new partnership follows Geo Underwriting’s acquisition of pleasure craft specialist Navigators and General in 2024, which the firm said ensured its proposition spanned the full breadth of the marine spectrum.

According to Kate Bush, trading director at Geo Underwriting, Intact Insurance were the ideal partner due to its “deep technical expertise and credibility in the marine sector”.

Commercial objectives

Adrian Scott, head of marine at Geo Underwriting, said: “Brokers and their clients are at the very heart of everything we do and this move provides our specialist underwriting team with enhanced tools and autonomy to drive forward our commercial objectives and offer our broker partners an even stronger suite of Geo Underwriting marine products.”

Steve Hedge, vice president of delegated authority for marine at Intact Insurance, added: “In a market where consistency of capacity and underwriting discipline are increasingly important, this partnership allows us to support brokers with a more stable and specialist marine offering.

“Geo Underwriting’s established expertise in marine trade, combined with our long-term approach to risk and capacity, creates a strong platform to navigate market cycles while continuing to meet the needs of clients operating in complex commercial maritime environments.”