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London-based MGA Volante inks $900M capacity deal

Volante Global Ltd., a London-based managing general agent platform launched in October 2017, secured a $900 million gross premium capacity treaty agreement with three insurers.

The agreement provides capacity for nine new underwriting teams that will work across seven classes of business and operate in North America, Europe and Africa.

The business lines include property, general liability, space, international motor, facultative property and casualty, leisure and sport, financial institutions, North America auto and professional indemnity. The teams are scheduled to launch on the Volante platform in the third and fourth quarters of this year.