Howden secures £500mn of capacity to turn InsurTechs into MGAs
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Howden secures £500mn of capacity to turn InsurTechs into MGAs

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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...

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