New specialty trade MGA launched by Blenheim Partnerships

MGA and Lloyd’s approved coverholder Blenheim Partnerships – part of the White Bear Group – has announced the launch of a new specialty trade-related MGA.

According to Blenheim Partnerships, the new firm will be backed by sister company Blenheim Underwriting, as well as “well-known markets, including some Lloyd’s syndicates”.

It will insure consequential loss and trade disruptions insurance (TDI), political risk, contract frustration and trade credit, with line sizes varying from $4.5m (£3.3) to $26.75m (£19.8m).

Blenheim Partnerships said that “each product has been developed to help to protect an insured’s interest against multiple trade-related risks”, including products targeted at “financial institutions, commodity traders, project financiers and supporters and importers and exporters of myriad goods and services”.

Freedom to underwrite

The new business is the second MGA launched by Blenheim Partnerships in recent times, with it having created a cyber-focused MGA in October 2025.

The new venture will be led by former head of special risk at Tokio Marine Kiln, Ed Parker, who joined Blenheim Partnerships in July 2025, once again taking the role of head of special risk.

Parker said: “This MGA brings extensive market experience and knowledge of wordings with a proven track record in innovation and bespoke underwriting to create a leader in its field.

“Under the Blenheim banner, we have a first-class and nimble team with the freedom to innovate and underwrite. We are looking to listen to what clients’ needs are and to address these needs by being relevant and using our experience.”