Launching and building your MGA
Asta is the leading third-party managing agent at Lloyd’s, and has a strong track record in launching and managing new underwriting businesses. As a natural evolution of our business model, we have made our skills, knowledge and expertise available to MGAs.
Asta Underwriting Management Ltd (AUML) offers you and your capacity partners a full range of business support, including infrastructure, management and regulatory reporting. All you need to do is provide underwriting staff, strong ambition and a sound business plan.
AUML also provides fast-track access to Lloyd’s via a Syndicate-in-a-Box for those MGAs seeking to reduce reliance on third party capacity, or who wish to achieve accelerated growth enabled by the product diversification and wider distribution the market offers. (Read our blog here to find out how MGAs can benefit from the Lloyd’s Syndicate-in-a-Box).
AUML uses Asta’s significant underwriting management, regulatory experience and practical capabilities. Functions such as compliance, risk management, actuarial and finance are already shared across our syndicates, and we ensure that every task is handled in a cost efficient and transparent manner.
Our focus is on businesses with a good underwriting track record that are looking to grow in scale but need a high-quality MGA management solution.
Contact us to find out more about how Asta can help set up your MGA: