Jensten Underwriting and Zurich announce capacity deal

Jensten Underwriting announced a multi-year capacity deal with Zurich UK to support the growth and future development of its MGA division.

The five-year arrangement provides over $400 million of cross-class property, casualty and motor capacity.

“Zurich is already one of our key partners, so it’s exciting to widen our strategic relationship in this way. A transaction of this scale and diversity at the current stage in our evolution under Bain ownership is a testament to the quality and credibility of Jensten Underwriting. It aligns and strengthens the confidence the market has in our underwriting capabilities, our people, our governance, and, equally relevant, our ambition with one of the most trusted brands in the world.” – Robert Organ, Group CEO at Jensten.

“We are delighted to be partnering with Jensten Underwriting on this multi-year capacity arrangement. In recent years, we have built a strong and trusted relationship with the team allowing us to accelerate our growth together. Jensten have developed a disciplined underwriting business with a clear focus on delivering for brokers and customers, aligning closely with our own commitment to supporting brokers and clients for the long term. Bringing together Jensten’s underwriting expertise with Zurich’s scale and long-term commitment, we’re confident this partnership will create a strong and sustainable platform for growth.” – David Nichols, Head of Retail at Zurich UK.