Some details on a new MGA launch;
Amulet Specialty, a specialist MGA backed by MISSION, has launched, offering cover across a broad range of property types, as well as casualty, liability and business interruption.
Amulet’s approach delivers specialist underwriting expertise, supported by technology that strips out unnecessary administration and frees the team up to focus on building broker relationships and delivering the best client outcomes.
The MGA will be led by co-founders Paul Bennett, CEO and Jonathan Dermody, CUO.
Paul Bennett, CEO and co-founder of Amulet, said: “We founded Amulet on the principles of dependability and integrity. The business is built around a core team of experts, who are supported by smart technology to be responsive, reliable partners to our brokers and their customers. We understand that insurance is a people business, which is why long-term partnerships remain at the heart of our approach.”
Commenting on the launch, Ross Dingwall, CEO of MISSION, said: “At MISSION, we empower talented underwriters to create MGAs that are agile, quick to respond to customer needs, and built on standout, sector-specific experience. Jonathan and Paul have a proven working partnership founded on complementary strengths, shared market understanding and a clear focus on building specialist underwriting books, and I am delighted to welcome them to the MISSION team.”
Paul brings more than forty-eight years of experience across the UK insurance market, and has a long-standing reputation for technical knowledge, trusted broker relationships and senior market leadership. He has held senior executive and underwriting roles across the market and has a proven track record of establishing and leading MGAs, as well as developing profitable underwriting portfolios.
Jonathan brings a career spanning the UK property and casualty market, with a strong track record in developing profitable portfolios, building underwriting platforms, and leading underwriting teams. Jonathan joins from Talisman Specialty, where he was Underwriting Director responsible for establishing the UK Property and Casualty offering.
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