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The business was launched in July to focus on the smart-follow market. -
The syndicate aims to write £80mn of programme business in 2026.
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The BP Marsh-backed MGA launched earlier this year, led by Adam Kembrooke.
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The MGA began offering US commercial E&S property products in December.
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The specialty MGA launched in June this year with backing from BP Marsh.
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Longbrook Insurance will write multiple lines of business.
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The UK-based insurer’s Florida Re secured state regulatory approval in June.
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The consortium will target excess layers, providing $250mn of capacity.
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Adeptive co-founder and CUO Jeff Bright will lead the MGU’s US strategy.
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The federation, FASE, aims to connect all participants to provide a voice for European MGAs.
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The business has not initiated a sale process, with the wheels not yet actively turning on an exit for Apiary.
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The syndicate is expected to write ~$300mn of business in 2026.
