13 September 2015 Insurance
Folgate goes active again
Folgate Insurance Company has returned to active underwriting a year after being acquired by APC Underwriting.
In conjunction with a Lloyd’s syndicate, Folgate will begin underwriting on a quota share basis.
Its combined £30 million ($46 million) of capacity will support the expansion plans of APC’s managing general agent (MGA) in the UK and Continental Europe. Additionally, it plans to provide capacity for other MGAs in 2016.
