New Hiscox MGA to focus on professional indemnity and motor
Hiscox will this year set up a managing general agent in the UK focusing on areas outside its underwriting appetite, including some classes of professional indemnity and motor insurance.
In its 2015 results announcement today (29 February) Hiscox said the MGA would write such risks on behalf of other insurers, providing them with a flow of business and Hiscox with fees and commissions
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