MGA Vi Digial has rebranded to VUW and partnered with insurance technology specialist Inari to launch its smart ́follow property platform ahead of its smart-follow MGA facility launch in the London market.
The end-to-end digital platform will involve a submission-to-bind workbench, with the scope to add additional post-placement capabilities where value will be added.
The platform will first focus on international property, excluding US cat, with an additional focus on casualty, marine cargo and aviation.
After the launch, VUW will continue to work closely with Inari to continually develop and refine the platform’s smart-follow capabilities.
In November last year, this publication revealed that former Medical Protection Society (MPS) head of underwriting Chris Léglu and banking executive Caspar Murphy were set to soft launch the algormithmic follow-only MGA Vi Digital.
It leverages an MGA structure to write a follow-only book on behalf of its capacity providers, with underwriting decisions driven by its unique algoritjhm.
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