This week’s biggest MGA 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. 

• MGA expands non-standard portfolio on software house for brokers

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. 

• MGA announces new hire as it expands into sports personal accident market

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. 

• MGA announces new capacity deal

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. 

• Insurtech secures capacity from Aviva-backed MGA to expand vacation rental cover

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. 

• Axa UK and Ireland works to ‘strengthen’, ‘solidify’ and ‘deepen’ broker relationships