Reinsurance News

Volante Global launches Nordic-focused MGA Bridge Underwriting

1st February 2018 - Author: Staff Writer

Multi-class and multi-territory international managing general agent (MGA) platform Volante Global has announced the launch of Nordic-focused MGA Bridge Underwriting AB.

Volante Global logoThe Stockholm-based specialist underwriting MGA is set to be led by Torkel Lindberg as Managing Director and will work exclusively with key brokers and agents across the region, offering property, liability, financial lines and commercial combined insurance solutions.

Lindberg said; “as a specialist MGA, Bridge Underwriting provides the perfect vehicle to deliver a comprehensive range of relevant products to the Nordic market.

“The flexibility and responsiveness inherent in the MGA structure will enable us to fully capitalise on the underwriting expertise within our team to develop solutions that truly meet the very diverse needs of our clients. Add to this the fact that our products are supported by some of the strongest capacity available today and this gives us a clear edge in what is a very competitive marketplace.”

Lindberg brings over 25 years of market experience spanning both the underwriting and broking communities.

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Most recently, he was General Manager for the Nordic region at QBE Insurance, and prior to this held senior positions at both Marsh and Willis in Sweden.

As part of Volante, the company will capitalise on the administrative capabilities it provides, using the firm’s highly automated, fully integrated operating infrastructure to ensure responsive underwriting and deliver efficiency at all stages in the process, from initial proposal through to policy issuance.

Talbir Bains, Founder and Chief Executive Officer of Volante, added; “the Nordic region remains a much-coveted territory for the London Market, underpinned by a consistent delivery over the long term of very respectable combined performance to its insurers. Bridge Underwriting introduces a compelling, differentiated and robust new insurance proposition to the Nordic region, bringing together formidable underwriting talent centred in Stockholm and providing insurance solutions across the P&C product spectrum, sponsored by market-leading capacity.

“Our aim at Volante is to place our distinguished underwriting teams in the driving seat, in order that they are fully empowered to develop industry-advancing solutions that really deliver on the promise that we as an industry make to our insureds.”

Bridge Underwriting will begin underwriting in March 2018 – the launch closely follows that of UK commercial motor specialist MGA, Edison Motor, which launched on the Volante platform in January.

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