European non-life insurance company Gable Holdings has signed an agreement to become a key trading partner with iprism Underwriting Agency to write commercial of business in the UK market.
Gable has already commenced underwriting and said that it anticipates that this business collaboration will deliver gross written premiums of £100 million over the next three years.
iprism Underwriting Agency provides over 1,650 UK FCA authorised insurance broking firms with an online trading platform that gives brokers access to comparative pricing for small to medium enterprises and household insurance products from the UK's largest insurers.
William Dewsall, chief executive, Gable, said: "We are delighted to announce today our agreement with iprism, making them our largest UK trading partner to date which is anticipated to contribute £100 million in GWP over the next three years in the UK commercial market. We have already commenced writing new business and look forward to developing a strong working partnership with the team at iprism."