KGM buys Eridge Underwriting Agency

Deal

The MGA forecast the combined business will underwrite £175m in gross written premium this year.

A-Plan’s KGM Underwriting Services has bought Eridge Underwriting Agency, for an undisclosed sum

The deal for the managing general agent which caters for specialist and higher rated motor insurance is expected to close in May.

According to KGM, the purchase will strengthen its broker product suite covering all private and commercial motor classes and maintain its focus on being a flexible and agile alternative to composite insurers.

The takeover follows on from the transfer in September to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Broker optimism on the up in fleet

Direct Commercial’s latest broker barometer has found 56% of brokers experienced difficulties in securing coverage for smaller fleets in the last quarter, a slight improvement from 60% earlier in the year.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: