The MGA’s capacity provider says it is ‘excited’ to see what ‘opportunities’ the launch will ‘unlock for the UK property market’A new real estate managing general agent (MGA) is set to launch in January 2024, a statement released yesterday (12 December 2023) said. Called Ventis, the firm will target small to medium-sized property risks and aim to fill “unloved gaps in the property market” up to and beyond £100,000. It will be led by Gareth Roberts, who previously managed Covéa’s mid-market specialist and network division as senior regional manager. And data-driven risk exchange Accelerant has agreed to provide long-term capacity for Ventis. Accelerant cofounder Chris Lee-Smith said that his firm was ”excited to see what opportunities Gareth and the team will unlock for the UK property market”.

Source: The Times December 13, 2023 08:34 UTC