Specialist MGA promotes internally for new underwriting and pricing director

Prestige Underwriting has promoted Carl McComb to the role of underwriting and pricing director.

Reporting to managing director Alison Williams, McComb’s role will include setting underwriting strategy, developing pricing guidelines and leading the teams responsible for building and refining pricing models to deliver sustainable profitability.

The position also covers market trend horizon-scanning and ensuring pricing and underwriting decisions align with business objectives.

Prestige Underwriting is a specialist MGA that provides non-standard and niche property and motor propositions via more than 1,300 brokers across Great Britain, Northern Ireland and the Republic of Ireland.

Williams said the internal appointment reflected the insurer-backed MGA’s commitment to expanding distribution and enhancing broker support.

She said McComb would help drive growth and consistency for broker partners and capacity providers.

“His promotion recognises the significant impact he has delivered for our business,” Williams said.

“He brings the actuarial discipline and practical market insight required to lead underwriting and pricing at scale. As we push on with our ambitious growth plans, including expanding distribution and elevating our data-driven rating capabilities, he will be instrumental in advancing our growth strategy and delivering even more value for our broker community across GB, NI and the Republic of Ireland.”

Nearing a decade at Prestige

McComb first joined Prestige Underwriting in 2016 and is a chartered actuary and fellow of the Institute and Faculty of Actuaries.

McComb said the priority would be to strengthen the connection between underwriting philosophy, data and broker delivery to support brokers placing complex or non-standard risks.

He said: “My focus is to expand and develop Prestige’s success in the market as we grow to meet our ambitious targets.

”With a unified underwriting and pricing function, we will tighten our underwriting philosophies, advance our models and data strategy and further enhance the broker experience so brokers can place complex and non-standard risks with confidence.”