Fortegra granted license to operate in Belgium and European Union
The Fortegra Group, a multinational specialty insurer and subsidiary of Tiptree, announced its approval to operate in Belgium and the European Union.
Fortegra Belgium Insurance Company, NV will be based in Brussels and will underwrite specialty lines of business. Fortegra Europe Insurance Company, Fortegra’s Malta company, will continue its focus on warranty products.
Fortegra’s Belgium operations offer the company access to strategic distribution channels in a continually evolving market. Fortegra will now be able to collaborate with European managing general agents that are experts in their chosen products and sectors, providing these MGAs with flexible deal structures, partnership transparency, and shared risk.
Fortegra, via its subsidiaries, offers a comprehensive portfolio of specialty insurance products, including property, casualty and financial lines products, alongside warranty and consumer product solutions.
“The MGA space across Europe is vibrant and compelling and provides a tremendous growth opportunity. We are thrilled to receive this license, which will allow us to provide innovative solutions to partners across Europe.” – Rick Kahlbaugh, President and Chief Executive Officer at Fortegra.