Markerstudy forced to go "on hiatus" for new quotes in commercial lines
Group commercial director Gary Humphreys says MGA is in talks with two potential providers after it was asked by backer QIC to find alternative capacity for its commercial SME book.
Markerstudy has temporarily stopped writing new business in its commercial SME division as it seeks fresh capacity, Insurance Age can reveal.
Gary Humphreys, group underwriting director at Markerstudy Group, told Insurance Age that the business is in talks with two potential providers after Qatar Insurance Group (QIC) asked it to seek alternative capacity for commercial lines.
He stated: “We had a discussion with Q about capacity for this year because we needed additional capacity to pay for
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