Reinsurance News

Bascule Underwriting launches multi-territory MGA

8th February 2018 - Author: Staff Writer

Bascule Underwriting in partnership with Prospect Insurance Brokers has launched a multi-territory international managing general agent (MGA).

Ex-jockey William Hill, the founder and chief executive of Bascule, said; “we believe a flexible MGA structure, driven by market leading technology, is well suited to this niche class of business, enabling us to deliver on our core tenets of exceptional service, operational efficiency and a business moulded and shaped with data at its heart.”

Hill previously served as Senior Underwriter, Vice President of XL Group, where he managed U.S. Equine operations.

Robert Schultz, President of AIX, said; “we are very pleased to partner with Bascule, who have an innovative approach and a great reputation in the equine arena.

“We look forward to a long and successful relationship that builds on both their unique market position and experience and our strong distribution partnerships.”

The MGA is backed by A rated capacity through Chaucer, in addition to U.S. admitted capacity through AIX Group and has offices in both London and New Jersey.

Ed Lines, Chaucer Active Underwriter 1084, said; “we look forward to joining with Bascule on this exciting new equine venture, and working closely with them to deliver smart risk solutions and a first class service to clients.”

Jamie Webb, Managing Director of Prospect Insurance Brokers added; “we are delighted to partner with Will Hill and Bascule Underwriting to further complement our focus on specialty classes utilising best in class technology to improve upon current practices.”

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
XL Group cited as M&A target for large re/insurers: Reports

According to Bloomberg, XL Group the Bermudian parent company of global insurance and reinsurance brand XL Catlin, is a target...