What's Happening?
Superian Insurance Group has launched Scious Underwriting, a new 'hyper speciality' managing general agent (MGA) backed by Lloyd’s capacity. The MGA will focus on healthcare and medical malpractice risks, aiming to strengthen relationships with broker-clients in a market dominated by standard MGAs. The initiative is part of Superian's broader growth strategy, which includes a new SME directors’ and officers’ insurance facility.
Why It's Important?
The launch of Scious Underwriting represents a strategic move by Superian to differentiate itself in the crowded MGA market. By focusing on niche healthcare risks, Superian aims to provide specialized coverage that meets the unique needs of its clients. This approach could enhance Superian's competitive edge and expand its market presence. The backing by Lloyd’s adds credibility and financial strength to the new MGA, potentially attracting more broker-clients seeking tailored insurance solutions.
