MGA secures two new capacity partners

Managing general agent (MGA) Casper Specialty UK has secured Chaucer and TMK as new capacity partners.

The two firms will join current provider Argenta in supporting the casualty-focused MGA as it looks to build on its growth over the last 12 months.

Casper was established in the UK in 2023 and has since added headcount and obtained a license to expand in Europe through a presence in Germany.

The MGA hopes additional capacity will help it continue to scale through its underwriting approach. 

“I’m proud of the success we’ve achieved with Casper over its first year and look forward to continuing on our growth journey with the support of our high-quality capacity partners,” Bradley Knight, chief executive of Casper, said.

“Our experienced team of market-leading underwriters is allowing us to skilfully manage an evolving casualty market and we see real opportunity to deliver attractive returns through our differentiated underwriting approach.”

Underwriters

Operating independently as a sister entity of Miller, Casper underwrites a range of FI and professional lines.

The firm is expecting to bring in further new underwriters who will help it execute its growth strategy.

“The three capacity providers now behind us are a strong demonstration of confidence in the team here and we look forward to bolstering it by adding more talented underwriters who are attracted by what we are building,” Knight said.