Flood Re now open directly to MGAs
Initiative will enable MGAs to access Flood Re cover and is designed to make it more widely available.
Flood Re have announced that Managing General Agents (MGAs) can now cede policies directly to the government scheme.
Previously, the process was more complicated: MGAs had to collate and send ceding data through an insurer in order to apply for a Flood Re policy.
Flood Re detailed that the new offering will enable MGAs to send Flood Re policies the same way that insurers do. And it suggested that the new facility will give all parties visibility on the risks the insurer and MGA have adopted.
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk