Altea Insurance, a provider of combined insurance and risk management solutions for the medical, allied health, and care sectors, has officially launched under the leadership of former senior Axis executive Carly Matson as CEO.
Headquartered in London, the company is backed by Mission Underwriters UK & Europe, and its cutting-edge approach is set to reshape the medical indemnity arena across Europe.
Altea’s unique proposition lies in its commitment to delivering real-time risk and claims insights, instantaneous quotations, and streamlined policy administration through differentiated technology. This technology will provide unprecedented convenience and efficiency to clients, removing frictional burden from the insurance process.
With Matson at the helm, Altea boasts unmatched sector expertise, enabling it to offer multi-year, multi-class insurance solutions that ensure capital efficiency for its clients.
The company’s focus on identifying exposures and proactively addressing risks is bolstered by a legally qualified risk management team, providing a tiered risk management product suite.
For brokers and MGAs seeking to navigate their clients’ medical and associated risk needs, Altea is the ideal partner. The company’s fresh approach to risk management marks a significant shift in the medical indemnity landscape, offering insureds the opportunity to mitigate risks before they even arise.
“We aim to strip away bureaucracy and establish meaningful partnerships with our customers,” said CEO Matson.
“Our clients can purchase insurance for their business with a one-stop approach rather than having to traverse the traditionally siloed market. When coupled with Altea’s unique proactive risk management, our clients become partners and we grow together.”
Adrian Morgan, CEO of Mission Underwriters UK & Europe, expressed confidence in Matson’s capabilities, calling her “an exceptional and innovative pioneer in the sector” with two decades of experience in the medical negligence industry. Mission Underwriters UK & Europe is thrilled to support Altea’s mission with significant resources, recognising the clear market need for its revolutionary solutions.
