Securing and maintaining underwriting facilities, for both start-up and existing MGAs, can be a frustrating business.
Not only can Advent, through our extensive market knowledge and contacts, access suitable Insurer partners but via our sister Group companies, we can also offer Clients our own specialist underwriting capacity.
These Group companies are fully authorised by the respective Country regulators – in Malta and Ireland - in accordance with EU statutory requirements with passporting rights throughout the EU/EEA.
Additionally, the Malta Insurer - as a Protected Cell Company - offers the capability to self-insure all, or part of, a particular portfolio through a dedicated Cell thereby enabling the Cell owner (an MGA, for example) to enhance earnings by participating in the underwriting profit.
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