MPR Update - August 2019 - MPR Underwriting

News

MPR Underwriting Updates

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.

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.

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.

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.