The word from Carrow as they enter the MGA sector;
Carrow Insurance (Carrow), a new Managing General Agent led by former CEO of Amtrust International, Ronan Conboy, has launched in the European mid-market insurance sector. Specialising in Warranty, Accident & Health and Income & Payment Protection products through a network of broker and distribution partners, Carrow is backed by A- rated capacity with partnership agreements of up to 5 years, serving as a key market differentiator. Looking ahead, Carrow plans to expand into additional business lines in the coming year as part of its ongoing growth strategy.
The company will initially have the capability to write business in 27 European countries from its base in Ireland. Carrow is supported by Mission Underwriters with long-term capacity via the Accelerant Risk Exchange.
Carrow distinguishes itself through its commitment to long-term partnerships and sustainable solutions. Implementing streamlined, admin-light processes, pricing consistency, and transparent policy wordings, a cornerstone of Carrow’s approach is the promise of direct access to decision-makers, ensuring responsive engagement with its brokers and partners.
Ronan Conboy, CEO of Carrow, commented: “This new business will focus exclusively on addressing a significant gap in the Warranty, Accident & Health, Income & Payment Protection packaged products market, distributed through our broker and partner network. These sectors are ripe for disruption and innovation, particularly in today’s environment, where consistency and reliability are crucial. Our flat organisational structure enables quick decision-making and provides direct access to underwriters. We believe this approach will offer our brokers and partners significant advantages.”
Adrian Morgan, CEO of Mission Underwriters, stated: “Ronan is an accomplished C-suite insurance executive with over 25 years of industry experience and a track record of driving global transformations which will be invaluable to Carrow’s success. As our sixth MGA launch in the last twelve months, we’re providing backend support to enable Ronan and his team to focus on exceptional underwriting and partner service.”
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