There is a new name in the UK MGA space today, after the launch of Edison Motor.
Launching on the Volante Global Limited platform, Edison Motor is a London Market-based MGA that will provide commercial motor insurance products for niche markets. Its key lines of business are expected to include fire and rescue services, ambulance and police fleets, haulage and hazardous goods. A release outlined that the company will provide both conventional and non-conventional insurance products and will be supported by extensive claims and risk management services.
As part of the launch, the firm announced the arrival of Steven Dickie and Doug Ockwell who will take the roles of joint managing directors of the operation. Dickie has been part of the motor insurance sector for 40 years, most recently as the portfolio manager for
QBE Europe’s motor account; while Ockwell brings with him 25 years of industry experience, most recently as underwriting manager on the same account at
QBE Europe.
“At Edison Motor, our aim is to focus on delivering and maintaining the highest standard of service across all aspects of our client solutions,” commented Dickie. “That means ensuring we achieve a rapid turnaround on quotes, produce bespoke policies, provide a best-in-class claims service, and offer outstanding risk management support.”
Volante CEO Talbir Bains also expressed the platform’s delight at the MGA’s launch.
“From these firm foundations, Edison Motor has been optimised to focus on our primary goals of delivering underwriting profit to our supporting capacity provider and make huge inroads into key market sectors which we believe are currently underserved,” he said. “This will then truly deliver on a vision that is, in essence, commercial motor underwriting reimagined.”
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