The Jensten Group, provider of tailored insurance solutions, has unveiled its new underwriting business, Jensten Underwriting, which brings together three well known MGA’s under a single brand.
According to the Group, its newly launched underwriting business has also now become one of the largest MGAs operating in the UK insurance market.
The move, which follows on from the launch of Jensten London Markets and Jensten Brokers Europe earlier this year, will support continued growth for the business with its expanding product offering and focus on delivering value to brokers, the firm added.
The creation of Jensten Underwriting brought together 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.
Through the new MGA, brokers will 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.
According to the announcement, the Jensten Underwriting proposition offers automated solutions where appropriate but critically also provides access to experienced, professional, and empowered underwriters for those risks requiring individual and bespoke attention.
Simon Taylor, Wholesale MD commented, “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, 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.”
