SRG’s underwriting arm secures new capacity from Aviva

MX, the underwriting pillar of Specialist Risk Group (SRG), has secured a strategic multiyear delegated distribution agreement with Aviva to support Trilogy Underwriting.

Trilogy Underwriting, which specialises in property and casualty business, was acquired by MX in 2024. MX said that the Aviva capacity ”significantly bolsters its London market offering”.

MX will engage its broker network in the coming days to outline how the new capacity enhances products, service and outcomes for stakeholders.

Ian Cook, managing director at MX, said: “Our partnership with Aviva marks a significant milestone for MX, reinforcing our position as a leading MGA in the UK market.

“We are excited about the opportunities this strategic alliance presents and we remain steadfast in our commitment to delivering exceptional value to our broker partners and clients.”

’Complementary capabilities’

MX has made multiple acquisitions to date, including Tristar Special Risks, The MPLC, CLS Risk Solutions, Blackrock Insurance Solutions and GB Underwriting.

It felt the latest move “accelerates its growth ambitions across the UK”.

Dave Martin, managing director for UK commercial and chief distribution officer at Aviva, said: “At Aviva, we are pleased to be partnering with MX, which has demonstrated a deep sector expertise and proven track record of delivering underwriting profit focused on customer value, bringing complementary capabilities that align with our distribution strategy and growth ambitions.

“Today’s announcement forms part of our broader, strategic relationship with SRG. Together, our mutual focus on protecting customer outcomes whilst achieving underwriting returns and sustainable growth will drive future success.”