Insurance Times round up this week’s biggest MGA-related stories
This week’s MGA news kicked off with Prestige Underwriting announcing an expansion to its non-standard motor portfolio, including coverage for high-performance vehicles and those with poor driving history or motoring convictions.
On the same day, Rokstone announced that it was expanding into the sports personal accident market – with tailored wordings for motorsport, golf, tennis, football and other sports.
Midway through the week, C-Quence also announced that it had signed a deal with Sompo for the insurer to become its new capacity provider for property casualty and property owners propositions.
Also this week, short-term rental specialist insurtech Pikl announced that it had secured a new capacity partnership with Prestige Underwriting and Aviva to provide broader cover for non-standard property risks.
And topping off the week, Axa UK and Ireland chief executive Tara Foley told editor Katie Scott that the insurer was “working through” its MGA strategy with a mind to expand its offering.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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