MGA start-up gambling on growth of HNW homeowner market
Large numbers of homeowners with significant assets are failing to purchase appropriate insurance cover, according to the chairman of a newly launched managing general agency targeting the high net worth market.
Richard Pexton, chairman of new MGA Horizon, which is a coverholder for Lloyd's insurer Brit, told Post he believed the HNW market, which is currently valued at approximately £500m to £600m, should be
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