Jensten creates ‘one of the largest MGAs’ in UK insurance market

Jensten Group has launched a new underwriting business combining Policyfast, City Underwriters and Gresham Underwriting under a single brand to become “one of the largest MGAs operating in the UK insurance market”.

The move enables the UK-based broking and insurance group to streamline its offering and expand its product suite to support the continued growth for the business.

The launch sees the three known MGAs, Policyfast, with specialties in e-traded solutions for property owners, liability, fleet and truck, City Underwriters, with a focus on the mid-market for property, liability, and food and hospitality, and Gresham Underwriting which underwrites both commercial and personal lines products, come together as Jensten Underwriting.

Jensten believes that bringing the businesses together “creates a dynamic and forward-thinking MGA”. It will allow brokers to have single access to a wide range of underwriters and solutions, enabling covers and services to flex and adapt as the needs of brokers and their clients change.

Simon Taylor (pictured left), wholesale managing director at Jensten, said: "We're focused on making brokers' lives easier. Ultimately, we want trading with us to be easy and accessible. Across our London Market and Underwriting teams, we have a great suite of products and professionals with real expertise who want to trade. Whether it's a straightforward e-traded product or a risk that needs to be individually underwritten, we can assist.

“The launch of Jensten Underwriting is the latest step in ensuring we continue to deliver real value to brokers, while meeting our own significant growth ambitions over the next few years for the Jensten Wholesale division."

Alistair Hardie (pictured right), group CEO, commented: "The Jensten Group is committed to continually improving and expanding our underwriting proposition to our retail broking partners. The launch of Jensten Underwriting is designed to clarify and streamline our offering, making it increasingly straightforward for brokers to trade with us and benefit from our broad appetite and product suite."

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