In November the MGA partnered with CDL retail community
Brightside’s MGA – Kitsune has teamed up with Accredited Insurance (Europe) Limited on a new underwriting partnership.
Kitsune is one of several programs that the insurer has targeted for completion before the year end.
It follows Kitsune partnering with CDL retail community enabling the MGA to distribute motor product lines to Brightside’s Group brands which trades £4bn GWP in November last year.
Accredited Insurance provides a distribution channel for reinsurers and it claims to be able to offer a “ready-made Brexit solution” to European MGAs.
The insurer is a wholly-owned European subsidiary of Randall and Quilter (R&Q) Investment Holdings Ltd and is licensed to write all non-life classes in all EU member states.
Ken Randall, R&Q chief executive and chairman, explained: “This transaction underlines our commitment to supporting high quality program business throughout the European Union and highlights the critical role that Accredited continues to play in this arena.”
Colin Johnson, chief executive at European Program Management, added: “Our pipeline remains strong allowing us to partner with experienced and well-respected businesses in a number of insurance classes throughout Europe.”
Kitsune has been contacted for comment.
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