New casualty-focused MGA secures TMK and Chaucer capacity
Casualty-focused managing general agent (MGA) Casper Speciality UK, which was launched last year by former Argenta senior executive Bradley Knight, has secured Chaucer and Tokio Marine Kiln (TMK) as new capacity providers.
Operating independently as a sister entity of Miller, Casper underwrites a broad range of financial institutions (FI) and professional lines.
As it enters its second year of trading, the MGA aims to lead on business it writes and expects to hire new underwriters.
Over the past 12 months, Casper launched a new office, increased headcount and obtained a license to expand in Europe, through a presence in Germany.
Knight, chief executive officer of Casper, said: “I’m proud of the success we’ve achieved with Casper over its first year and look forward to continuing on our growth journey with the support of our high-quality capacity partners.
“Our experienced team of market-leading underwriters is allowing us to skilfully manage an evolving casualty market and we see real opportunity to deliver attractive returns through our differentiated underwriting approach. The three capacity providers now behind us are a strong demonstration of confidence in the team here, and we look forward to bolstering it by adding more talented underwriters who are attracted by what we are building.”
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