MGA Capacity Portfolio
We have a dedicated team to support our MGA Business
Managing General Agents (MGAs) are an important, established and dynamic sector of the UK insurance market. Of the UK’s £50bn annual general insurance premium spend, approximately 10% is transacted by MGAs.
Covéa Insurance’s Capacity team manages a portfolio of MGA business in the UK commercial market.
In this sector, one of the most important decisions we make is the selection of MGA partner. We select our MGA partners for their recognised expertise in their chosen niche sectors, their distribution capabilities in that sector and their administrative infrastructure to service the requirements of their customers and partners.
In return we share with MGA partners our business acumen, underwriting and claims expertise as well as, of course, providing capacity.
We write UK commercial property and liability business on a 100%, Lead or subscription basis, and support a variety product lines including:
- Property Owners
- Commercial Combined
- Retail package
- Tradesman and contractors all risks.
We work closely with our business partners and our dedicated Capacity Team are on hand to help support account growth to develop long term partnerships. We can provide access to underwriting and claims experts, who help provide guidance, ideas exchange and assist with validation exercises including performance benchmarking.
As a Chartered Insurer we take professionalism seriously and offer access to our Broker Training Academy, which your staff can access.
Find out about our team:
Nick Dinsdale
Nick was appointed Portfolio Manager, Capacity in October 2015 and is responsible for the performance of Covéa Insurance’s book of MGA business. He joined MMA Insurance in 2011 and has held several commercial lines underwriting management roles with MMA and Covéa Insurance since then.
Nick has 28 years experience in the commercial insurance industry. Prior to joining Covéa Insurance, he spent 15 years at QBE Insurance (Europe) Limited in London in a variety of senior management positions including Head of Operations, Property Division, covering UK, London Market, Lloyds and mainland Europe business units.
Nick is an ACII qualified Chartered Insurer and holds a degree in Economics from the University of Warwick.
Paul Denton
Paul was appointed Lead Capacity Underwriting Manager in January 2014. He joined MMA Insurance as Regional Underwriting Manager in 2009 and supported the development of the Regional offices in the South and continued this role following the formation of Covéa Insurance.
Paul has 31 years experience in the commercial insurance industry. Prior to joining Covéa Insurance he spent 20 years at Eagle Star and Zurich in variety of senior technical and management positions including Major Corporate clients, Property Investors and Mid Corporate business, covering UK, London Market, the Southeast and Southwest of England.
Will Stodhart
Will joined the Capacity team in June 2019 as a Technical Underwriter. He joined Covéa Insurance’s Commercial Underwriting Graduate Programme in 2015 and since 2017 has been a Technical Underwriter in Central Underwriting, portfolio managing our diverse Property book.
Will is ACII qualified and holds a degree in History from the University of Warwick.
Contact Us
MGA Member
We are a member of the Managing General Agents Association (MGAA) – www.mgaa.co.uk