Fortegra launches new UK subsidiary
Specialty insurer Fortegra announced that it has received approval to establish Fortegra Insurance Company UK.
The Prudential Regulation Authority has granted Fortegra approval to establish its subsidiary in the United Kingdom, effective November 29, 2024. This milestone enables Fortegra to significantly expand its specialty insurance underwriting services throughout the United Kingdom.
“We’re pleased to announce the establishment of Fortegra Insurance Company UK. Our objective is simple. We focus our efforts on establishing Fortegra as a quality market serving MGAs and agents seeking to underwrite niche programs. The foundation of our past success, underwriting discipline, will serve Fortegra well as we enter the marketplace in the United Kingdom.” – Richard Kahlbaugh, Fortegra’s CEO.