The UK professional indemnity market has changed over the last 18 months. It began to harden during 2018 but frustratingly not for all professions. The market starting to harden was no great surprise, especially for those in the industry who have been through the insurance cycle before. But there are plenty of underwriters and brokers in the UK professional indemnity…read more →
Manchester Underwriting Management Director, Richard Webb, has recently been featured in Insurance Times, with an expert view on the changes in the professional indemnity market. To read the article, please click here.
Richard Webb, Director, Manchester Underwriting Management sits down with Mark Colegate, Insure TV, to discuss how an MGA can demonstrate their value, whether brokers are having to learn new skills & what Manchester Underwriting Management are doing differently.
Charles Manchester is featured in the BIBA broker magazine this month. He is discussing the potential reasons why a broker may turn to an unrated insurer and whether such reasons hold any merits. Discussing the question of real value to the customer can help us to discover what the key focuses are for the insurance policy and for the broker…read more →
Manchester Underwriting Management was the highest new entry in this year’s Broker Service Survey, ranking second overall. This survey, run by Insurance Times, measures brokers’ opinions on service across all insurance lines and markets, from ease of access to underwriters to the speed and fair result of claims settlement. We are very proud to have achieved this result and would…read more →
Richard Webb, director at Manchester Underwriting Management, has written an expert opinion piece for the Insurance Times, discussing how transparency within a business can affect claims. We like to think that employees would come to their boss and tell them of a problem straight away, but this is not always the case… Click here to read the article
The government has recently announced a change to IPT. With effect from 01/10/2016 the standard rate of UK IPT will increase from 9.5% to 10%. As a MGA, we must account to our partner insurers. In order to ensure compliance with the transitional arrangements, business processed in relation to cover that incepted prior to 01/10/2016 will be taxed as follows:…read more →
Manchester Underwriting Management’s capacity requirements have evolved as we have grown and so, from 01/07/2016, the UK business that was formerly written 100% by MS Amlin’s Lloyd’s syndicate 2001, will be shared 50:50 with Great Lakes Reinsurance (UK) SE (rated AA- by S&P and A+ by A M Best). MUM continues to write for a variety of insurers and the…read more →