​Aviva inks five-year capacity deal with MGA for home products

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It will build on Aviva’s existing relationship with the MGA and see the new product being distributed to the MGA’s 500 brokers and affinity partners

Aviva has confirmed a five-year deal with MGA Prestige Underwriting Services, which will add home insurance underwriting to existing motor insurance with this firm.

This new deal builds on Aviva’s relationship with Prestige as it already underwrites motor policies for the MGA.

Aviva will underwrite cover for non-standard home risks in England, Scotland and Wales.

And these will be distributed through Prestige’s network, which includes 500 brokers and affinity partners.

Phil Bayles, Aviva chief distribution officer, said: “It is great news that we are expanding our partnership with Prestige. We already have a strong relationship - having worked with them on motor - and this builds on that success and further demonstrates our commitment to growth through our broker personal lines business.”

Continually evolved

Meanwhile Alison Williams, managing director at Prestige Underwriting, agreed: “Prestige Underwriting has an established relationship with Aviva in the Northern Ireland Motor market and we are absolutely delighted to build on it with this five-year deal on our non-standard home product offering.”

Williams explained that Prestige’s home product portfolio has “continually evolved” and it is fully committed to delivering niche solutions to its valued network of brokers and partners as it embarks on its extended partnership with Aviva.