’We look forward to their active participation in our community,’ says chief executive

Addept Insurance Services has joined the Managing General Agents’ Association (MGAA).

The firm offers ancillary insurance propositions and supports brokers and other intermediaries in their response to changing risks and regulation.

Mike Keating, chief executive at the MGAA, said that Addept’s focus supported the MGAA’s “mission to support sustainable and effective MGA businesses”.

“Our association is committed to championing the role of MGAs in driving innovation, delivering specialist expertise and enhancing the overall value they bring to insurers, brokers and policyholders,” he said.

“Addept’s focus on developing tailored ancillary insurance solutions aligns with our mission to support sustainable and effective MGA businesses.

“We look forward to their active participation in our community as we continue to promote best practices, professionalism and the growth of the MGA sector.”

‘Milestone’

Founded by Richard Finan, a former director of MGA Arc Legal Assistance, Addept was launched in 2024.

Finan said that “membership of the MGAA is a milestone in our growth”.

He added: “It recognises the importance of our hybrid operating model that enables us to work with a broad range of capacity, distribution and strategic partners to ensure we are delivering the right solutions to meet the needs of our clients’ and their customers.”