Mission Underwriters, which builds its MGA around experienced underwriters, has reached agreed support for a new team to launch a real estate MGA called Ventis in January 2024.
The new MGA targets small to medium property risks and has the power to identify and capitalize on property market gaps of over £10,000.
The company has agreed to a long-term capability commitment with Accelerant, a data-driven risk exchange.
Bentis will be led by Gareth Roberts, who previously spent nine years at Covea managing the mid-market specialists and networks division.
Adrian Morgan, CEO of Mission Underwriters, commented: “Our mission is to provide long-term capabilities, along with regulatory, compliance and back-office support, to winning teams of high-performing underwriters who are motivated to identify and close provisioning gaps within large companies. ” insurance market.
“Gareth and his team are focused on providing same-day personal service to agents as well as underwriting in often neglected areas of the small and medium-sized property market.”
Accelerant co-founder Chris Lee-Smith added: “We believe strongly in the MGA model and are committed to providing entrepreneurs in their MGAs with the capabilities and tools they need to succeed. I look forward to seeing the opportunities it brings.”