MISSION-backed specialist managing general agent (MGA) Amulet Specialty has launched with a comprehensive portfolio covering property types, as well as casualty, liability, and business interruption.
By blending its specialist underwriting expertise with advanced technology, Amulet aims to eliminate unnecessary administration, enabling the team to focus on building broker relationships and delivering the best client outcomes.
The MGA will be led by co-founders Paul Bennett, Chief Executive Officer (CEO) and Jonathan Dermody, Chief Underwriting Officer (CUO).
Bennett stated: “We founded Amulet on the principles of dependability and integrity. The business is built around a core team of experts, who are supported by smart technology to be responsive, reliable partners to our brokers and their customers. We understand that insurance is a people business, which is why long-term partnerships remain at the heart of our approach.”
Commenting on the launch, Ross Dingwall, CEO of MISSION, said: “At MISSION, we empower talented underwriters to create MGAs that are agile, quick to respond to customer needs, and built on standout, sector-specific experience.
“Jonathan and Paul have a proven working partnership founded on complementary strengths, shared market understanding and a clear focus on building specialist underwriting books, and I am delighted to welcome them to the MISSION team.”
An industry veteran, Bennett brings over four decades of experience across the UK insurance market, and has a long-standing reputation for technical knowledge, trusted broker relationships and senior market leadership.
Throughout his career he has held senior executive and underwriting roles across the market and has a proven track record of establishing and leading MGAs, as well as developing profitable underwriting portfolios.
With a career extending across the UK property and casualty market, Dermody brings a strong track record in developing profitable portfolios, building underwriting platforms, and leading underwriting teams.
He is joining Amulet from Talisman Specialty, where he previously served as Underwriting Director responsible for establishing the UK Property and Casualty offering.
