MGA Hoxton launches to serve the HNW segment
UK-based MGA specialist NuVenture has launched personal lines insurance MGA Hoxton Insurance Services that will focus on the high net worth segment; providing insurance for homes, property, artwork, valuables, cars, travel, and capital goods. Coverage is underwritten by Hiscox.
Its digital proposition provides clients with a single policy covering all selected insurance products, a simplified quote and buy journey, full lifecycle policy management, and a web-based trading platform for brokers. Also, Hoxton Insurance Services has digitized and automated the underwriting process to simplify data input, shorten question sets and help reduce the risks of under-insurance.
“Hoxton Insurance Services delivers an elegant digital solution for brokers and their clients, and aims to improve on every stage of the insurance process — from placement through to renewal and claims. We want to reinvent the broker and client experience for Mid and High Net Worth personal lines business.” – Justin Gott, Managing Director at Hoxton Insurance Services.