Global re/insurance trusted guidance provider, Pro Global Holdings Limited (Pro), announces the incubation of Pet Proactive Limited (Pet Proactive ), by its independent Managing General Agent (MGA) incubator subsidiary, Pro MGA Global Solutions.
Pet Proactive is an MGA that provides underwriting services for pet insurance on behalf of capacity provider HDI Global Specialty SE (HDI). Pet Proactive now operates as an Appointed Representative under the FCA permissions of Pro MGA Global Solutions, which provides regulatory oversight, compliance and back office services to support MGAs as they develop and scale.
Danny Maleary, CEO of Pro MGA Global Solutions, said:
“As an independent MGA incubator platform, we are known for our ambition to provide a unique, innovative and entrepreneurial environment for underwriters – particularly those with a strong focus on the technology sector, where Pro MGA Global Solutions can provide the perfect springboard for growth.
We are delighted to have entered into this agreement with Pet Proactive, where the team is developing a strong reputation in the technology and pet insurance space.
Over the last year we have been embracing global growth and as we head further into 2022, we expect to see this success continue as we remain laser focused on being the partner of choice for a broad range of insurance providers.”
Elizabeth Graham, CEO at Pet Proactive, commented:
“Pet Proactive is a technology-based business, set up in response to a need to simplify pet insurance and work more collaboratively with the veterinary industry. Harnessing the combination of data analytics and trusted veterinary partnerships we offer pet owners a fully automated experience and superior pet insurance products.
Our partnership with Pro MGA Global Solutions will allow us to provide a full-service underwriting platform to our customers and will help us to take the next steps in our exciting growth plans.”