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There’s a new kid in MGU town.
Based in Brierley Hill, Cedar Underwriting is now up and running to cater to insurance agents looking for capacity for their delegated authority schemes. Headed by business director Jordan Gregg, the new managing general underwriter specialises in general commercial insurance and promises to be proactive and flexible.
The West Midlands MGU, which focuses on small- and medium-sized enterprises (SMEs), said it has specialist capacity providers in both liability and material damage.
“Cedar Underwriting is a modern, flexible, proactive MGU whose business strategy is to provide added value to the coverholder and to their insurers,” said Gregg, who has worked for a Lloyd’s coverholder for much of his 18-year insurance career.
He added: “Using 100% Lloyd’s capacity, Cedar Underwriting firmly believes that the best business relationships are where each party understands the needs of the other. Using our considerable experience and ability to listen carefully to our clients allows us to act swiftly, offering a service that is unrivalled in the UK market.”
Technical underwriter Helen Bingham, portfolio underwriter Jon Woollard, as well as BI & bordereau analysts Richard Homer and Richard Jones make up the team at Cedar Underwriting.
“The Cedar team benefits from a range of technical expertise with a combined experience of 60 years which will help to serve agents by being proactive in delivering the right solutions at the right time, while being able to react positively to changes within the agent’s businesses and within the market as a whole,” said the business director.
