Howden secures £500mn of capacity to turn InsurTechs into MGAs
Howden has raised £500mn ($608.4mn) of insurance capacity from a group of Lloyd’s carriers.
The new funding will be used to turn InsurTechs into MGAs, in collaboration with Howden’s underwriting arm Dual.
The platform includes a delegated underwriting authority, backed by Lloyd’s underwriters including Tokio Marine Kiln, Chaucer and Liberty Specialty Markets, that provides...
Uncover exclusive insights tailored for insurance leaders
- Stay Informed: Access exclusive industry insights
- Gain a competitive advantage: Hear first about tactical developments
- Make better decisions: Understand market dynamics in crucial lines of business