The details on a team effort to streamline and improve capacity;
AEGIS London, a top-quartile Lloyd’s syndicate, in collaboration with tech-enabled MGA Augentic, has launched a new cross-class digital follow consortium in the Lloyd’s market, giving brokers streamlined access to follow capacity across AEGIS London’s open market business. A market first, the facility enables brokers to secure a follow line spanning Property, Casualty and Specialty risks through a single digital arrangement, designed to simplify placement and improve speed to market. The facility includes capacity from Argenta, Chaucer and Liberty Specialty Markets.
The launch comes as brokers face continued pressure to place increasingly complex risks more efficiently, while navigating tighter timelines and capacity constraints across multiple classes. By providing seamless, digital access to follow capacity across AEGIS London’s underwriting portfolio, the consortium is designed to reduce friction in the placement process, to support faster decision‑making and improve certainty of execution for brokers and their clients.
Tom Squires, Head of Distribution at AEGIS London, commented: “We’ve always used consortia as a way to deploy capacity intelligently, but this is the first time we’ve fully fused that approach with our digital strategy. As the follow market becomes more sophisticated, digital follow and smart follow structures create a real opportunity to support brokers with greater speed and certainty, while harnessing the expertise of lead underwriters and remaining anchored to underwriting discipline. This is about using digital capability to enhance underwriting excellence, not replace it.”
Daniel Prince, Chief Executive Officer of Augentic said: “It’s great to be working with AEGIS London on this initiative. They have a strong reputation in the Lloyd’s market for consistent underwriting results and a disciplined approach through the cycle, which made them a natural partner for us as we target building sustainable facilities that work for clients, brokers and carriers.”
Alex Powell, Chief Executive of AEGIS London, commented: “I am delighted that AEGIS London has been selected by Augentic to spearhead this new initiative. As the market evolves, automation and rapid decision-making are increasingly critical. By embracing innovation and rethinking distribution, we are well positioned to seize new opportunities in specialty insurance, while remaining true to AEGIS London’s strategy of delivering underwriting excellence.”
Be the first to comment