Motor fleet MGA secures long-term capacity deal

Motor fleet specialist MGA Century Underwriting has signed a long-term capacity agreement with Antares (re)insurance group. 

Coming into effect from 1 December 2025, the partnership provides Century, and sub-brand Cognition, with substantial committed capacity.

The MGA hopes this will help it launch new products and accelerate growth in existing portfolios.

Guy Fraser, chief executive at Century, said: “This partnership delivers a transformational advance in Century’s ongoing evolution.

“With Antares’s long-term commitment and expertise, we are uniquely positioned to scale our specialist underwriting, deliver greater value to brokers and policyholders and to lead innovation in underserved segments.”

Shared commitment 

The agreement includes advanced data analytics collaboration, portfolio monitoring and joint product development initiatives.

Pantelis Koulovasilopoulos, chief executive at Antares Retail, said: “Antares Insurance Company is an increasingly significant part of our strategic growth ambitions.

“As we pursue expansion opportunities, our priority is clear – uphold rigorous underwriting standards, deliver superior customer outcomes and build partnerships that create lasting value. We partner with businesses that consistently demonstrate underwriting discipline and deep market insight. 

“Following a comprehensive due diligence process, our decision to support Century reflects our confidence in their team and strategy and our shared commitment to resilience and client-focused solutions.”