MPR Update - February 2019 - MPR Underwriting

News

MPR Underwriting Updates

Almost 2 years after we set up MPR, we’ve delivered a first class product range and provided solutions to many of the challenges of the financial lines market, putting our expertise at the heart of our service to you. Our team, and our capabilities, continue to grow. Here are just some of the developments in what is a rapidly changing environment:

Pete McMahon – We are delighted to bring Pete McMahon into the team. Pete has over 25 years experience, and deep knowledge of financial lines insurance;

Management Liability – We recently offered some thoughts on the changing nature of the management liability market. With the volatility in the market, having the capability to fix the terms for 2 years can be a welcome feature;

Insights – We continue to produce Insights based on common themes discussed with brokers, the latest looking at D&O and Personal Guarantees;

Cyber – the speed and professionalism of incident response remains the key feature of any cyber product. Read our latest top 5 tips on why acting quickly is vital and how MPRs CIRI policy helps;

PI market – The PI market has seen a dramatic shift, with many markets removing, or significantly reducing, capacity. MPRs stance, and capacity, remain unaltered and we’re here to help navigate the challenges.

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.

INSIGHT

Entity Cover: Can Some Body Help Me?

In 1998, it wouldn’t have been possible to Google ‘entity cover’, because Google had only just been founded. Equally, even if you had been able to do this, there wouldn’t have been much content, given entity cover only emerged in the same year. If you did the same today, the search would return 130,000,000 results in 0.31 seconds. And yet, even after 20 years, there still seems to be a lack of clarity around what entity cover.

INSIGHT

The Computer Says Yes, or No. We Think.

Let us declare an interest. We don’t want to be replaced by computers, so what follows might easily be construed as a biased and frantic justification of our own indispensability.

Other Insights you may be interested in

> Five overlooked features of Cyber Insurance

> What do professional indemnity underwriters care about?

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

Power Hour Sessions

We also continue to offer ‘Power Hour’ sessions where you can choose what you want to discuss, in a digestible and time sensitive way. There is a lot more content on the website, including how we want to add value for our broker partners. So please, take a look and feel free to pick up the phone, we’re always here.

For more information
about our products and service
please get in touch.