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MPR Update – August 2019

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  • MPR Update – August 2019

News

MPR Underwriting Updates

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    Photos of MPR team members

    A new signing for MPR – Magnus McGurk

    We are delighted to welcome Magnus McGurk to the team at MPR. He joins us from MS Amlin, having previously worked with the team at MPR for many years, and will lead our efforts in Scotland and The North. His deep experience and long-standing relationships are consistent with the ambition of MPR to be the leading regional financial lines market, recognised for accessibility and local expertise, product quality and first class service.

    It’s now 2 years since we set up MPR. Our strategy is simple, and that is to enjoy what we do. Fundamentally, MPR is about doing something we take pride in with people we enjoy dealing with – colleagues, stakeholders and brokers alike. For more details on how we can help, take a look at our website.

    ASK@MPRUNDERWRITING.COM

     

    Insights – We continue to produce Insights based on common themes discussed with brokers:

    INSIGHT
    Entity Cover for a Nonentity. Confused? Join the Club.
    Anyone who has ever been involved with junior sport will know the challenges associated with keeping all those involved happy. Whilst awkward conversations about team selection and game time are to be expected, getting sued for not playing a squad member most probably isn’t.
    READ MORE
    INSIGHT
    DIC Clauses – Let’s have a look at what you could have won!
    Those of a certain vintage will recognise that ‘Difference in Conditions’ (DIC) clauses have been around for quite some time. Equally, there is an acknowledgment that there isn’t a singular definition and that some versions require mental gymnastics of Olympic standards. Within the context of Management Liability (ML), their emergence is a relatively recent event and, whilst they are generally considered to be a good thing, there is by no means a standardised approach, or outcome.
    READ MORE
    INSIGHT
    Cyber Insurance – a ‘Potential’ Difference
    Discussions about cyber insurance policy cover and sales techniques have intensified recently, but the narrative can be high level and lacking in any real-life context. Often the best way to understand how much finesse a policy has, and the difference that one word can make, is to look to an actual example.
    READ MORE
    Other Insights you may be interested in
    > D&O – do you need to run off?

    > Insured Capacity – does it come with guarantees?

    VIEW ALL INSIGHTS

    Our Products
    We now have over 20 products at MPR and are evolving our offerings in response to our broker partners ideas. Our aim across all of these is straightforward. That is to provide a top quality product, backed up by first class credentials and accessible experts.
    VIEW ALL PRODUCTS
    Our Policies include:

    • Directors & Officers Liability
    • Management Risks package policies
    • Cyber Liability
    • Employment Practices Liability
    • Pension Liability
    • Pension Wind Up Liability
    • Charity and Not for Profit Liability
    • Professional Indemnity and Media Liability
    • Public Offering or Prospectus Liability
    • Financial Institutions Insurance
    • Crime and Cyber Crime Insurance

    We will continue to deliver solid insurance solutions in an efficient and consultative way and supplement this with accessibility and support. Please feel free to get in touch.
    CONTACT US

    MPR logo

    10th Floor, Chancery Place, 50 Brown Street, Manchester M2 2JG

    0161 241 3550

    enquiries@mprunderwriting.com

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    Neil McCarthy

    Written by

    Neil McCarthy

    Insight

    Litigation Funding
    and D&O Liability

    The profile of litigation funding has been raised recently with the case of RBS, and there is further evidence that it is emerging as a greater threat in the event of alleged wrongdoing, whatever the nature or scale of the organisation in question.

    Insight

    D&O – do you need to run off?

    A ‘need’ is something that is necessary for an organism to live a healthy life, which, for as enthusiastic as we are about D&O insurance, is something of an ambitious claim.

    News

    Another 5 Star Thank You,
    from MPR Underwriting

    We are delighted to have been ranked 5 out of 5 for the second consecutive year in the Insurance Times Broker.

    10th Floor
    Chancery Place
    50 Brown Street
    Manchester
    M2 2JG

    0161 241 3550
    enquiries@mprunderwriting.com

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    MPR are Chartered Insurance Underwriting Agents

    MPR Underwriting Limited is a company incorporated in England and Wales. Registered Address: 10th Floor, Chancery Place, 50 Brown Street, Manchester, M2 2JG. Company Number: 10529758. Authorised and regulated by the Financial Conduct Authority.

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