(Re)in Summary
• Australia’s Agile Underwriting launches Agile Insurance Group NZ, offering underwriting for general aviation, accident and health, casualty, and professional lines.
• MGA has been proactive in expanding its capabilities this year – in May, Agile received approval for its Lloyd’s syndicate, Agile Underwriting Services Syndicate AUS 2427, under the SIAB framework..
Managing general agent (MGA) Agile Underwriting Services announced on Friday (30 Aug) that it has expanded its presence to New Zealand.
The new entity, Agile Insurance Group NZ, will provide underwriting capabilities across general aviation, accident and health, casualty, and professional lines in the country.
The MGA has been proactive in expanding its capabilities this year. In May, it announced it had received approval for its own Lloyd’s syndicate, Agile Underwriting Services Syndicate AUS 2427. The syndicate was formed under the ‘syndicate-in-a-box’ (SIAB) framework and is managed by Asta, a third-party managing agent at Lloyd’s.
Mark Hunt
Head of Underwriting at Agile“The establishment of our presence in New Zealand is a significant advance in the development of Agile’s capability and market offering,” said Robin Barham, CEO of Agile.
“The strength of our Pacific presence combined with our innovative IT platforms demonstrate a continuation of our drive to expand our offerings and support our New Zealand customers,” Barham added.
Mark Hunt, Head of Underwriting, also commented on the strategic importance of the move: “We see the New Zealand market as a critical element in our development, and this ground-breaking initiative offers brokers new capacity options and access to Agile’s adaptive solutions that reflect the region’s unique demands.”