The latest news from Euna for you;
Specialist MGA Euna has expanded its professional indemnity offering to the London Market, marking a significant step in the company’s growth. With more than a decade of trading experience, Euna enters the market from a position of strength, underpinned by deep underwriting expertise and a proven track record in professional risks.
Euna is built on an underwriter-first model that is well-suited to the more complex risks that come into the London Market, with over 90% of its team having an underwriting focus. This structure allows a flexible approach to building solutions for more complex risks, within an underwriting class that has seen significant changes to the pattern of claims and pricing over the last few years.
Pete Newson, Head of PI Underwriting at Euna, said: “Over the last decade, Euna has established itself as a leading player in the professional indemnity market. This move marks the next phase of our growth journey, enabling us to scale our business while increasing our value to new and existing broking partners by providing more sophisticated placement options.”
Euna is expanding its existing professional indemnity offering by entering the London Market, unlocking a new route to underwriting bespoke cover for professionals in sectors such as construction, architecture, engineering, surveyors, IT, Media and accountancy.
Euna currently underwrites commercial insurance across a range of specialist classes, including property and casualty, recruitment, professional indemnity, surety bonds and medical malpractice.
Pete Newson continued: “As we expand, our focus remains on delivering solutions that meet the evolving needs of professionals across the UK. The London Market’s innovative and collaborative environment will allow us to underwrite more complex risks, develop more dynamic products, and stay agile as new challenges emerge.”
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