Specialist Risk Group has bought Newcastle-based managing general agent Generation Underwriting from WF Risk Group.
The MGA, which works across the SME and mid-market sectors, was founded in 2010 and has been owned by Belfast-headquartered WF Risk Group since 2021.
Generation Underwriting’s portfolio spans commercial combined, property owners, fleet, and contractors all risks products, delivered through a blend of e-trade and traditional underwriting.
The business will become part of MX, SRG’s underwriting pillar.
MX, launched in 2021, struck four deals last year adding reinsurance firm NW Re, political violence
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