Reinsurance News

Ensurance secures capacity deal with AXA UK

22nd February 2021 - Author: Charlie Wood

Specialty lines MGA Ensurance has secured a new capacity deal with AXA Insurance UK for its core construction and engineering products.

handshake-close-up-photoThe deal sees AXA replace Swiss Re as the MGA’s main capacity provider and provides ‘AA’ rated capacity.

“This is a landmark deal for Ensurance. We have worked hard building our business over the past 3 years, growing our underwriting team, our range of products and reputation within the market,” said Ensurance Founder and CEO Tim James.

“With AXA, we have a capacity partner who shares our ambition to take our business forward to the next phase of our journey.”

“Our brokers can be assured that this new arrangement maintains our position as a go to MGA for UK construction and engineering risk solutions, backed by exceptional rated capacity.”

As well as its core construction and engineering risks, Ensurance also provides products covering Engineering inspection, Cyber, Terrorism and Sabotage, and Active Assailant.

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