Insurance
Home›Insurance›Industry & Deals›MGAA adds Pinpoint UK as 500th member in UK MGA milest…
MGAA adds Pinpoint UK as 500th member in UK MGA milestone
Pinpoint UK, a Lloyd’s Coverholder and FCA-approved intermediary, develops specialty portfolios with Lloyd’s syndicates, MGAs, and brokers, and plans to broaden its specialism over the next 12 months.
The Managing General Agents’ Association (MGAA) reached a milestone in the UK insurance market after welcoming Pinpoint UK as its 500th member, highlighting the expanding role of delegated authority in specialty insurance.
Reinsurance News said the MGAA, formed in 2011, has grown from representing a small set of pioneering managing general agents into a representative voice for the delegated authority sector. The association also noted it has expanded support for members through learning programs, stronger engagement with the FCA and Lloyd’s, and technical events.
According to Reinsurance News, Pinpoint UK is joining as a specialist focused on niche specialty insurance products, with lines of business including Tailored Solutions and UK Enterprises. The company partners with Lloyd’s syndicates, MGAs, and brokers to build diversified portfolios across specialist areas of the UK insurance market.
The outlet also reported that Pinpoint UK is a Lloyd’s Coverholder and an FCA-approved intermediary, combining specialist underwriting expertise with technology to provide flexible underwriting solutions. MGAA CEO Mike Keating said the addition reflects what the association aims to deliver for its members, and Pinpoint UK said it plans to broaden its specialism over the coming 12 months.