Folgate Insurance Company Limited opened its doors for business in 1877. During its 140 years of trade the insurer wrote some major personal and commercial lines and occupied offices across the UK. Folgate gives brokers access to classes such as Property, General & Professional Liability, Directors & Officers and Warranty. Folgate also underwrites binding authorities through MGAs, independent brokers, and Lloyd’s coverholders.
Folgate combines its traditional values with innovative underwriting. This innovation comes from the knowledge and insight that the Folgate board have from 25 years of running a highly successful MGA; understanding and serving both brokers and insurers. Folgate listens to its brokers and is able to be agile in an ever-changing market.
Folgate Insurance Company currently operates from two UK locations and the Company’s head office is in the City of London.
Folgate is a UK Insurance Company regulated by the Prudential Regulation Authority (PRA) and authorised by the Financial Conduct Authority (FCA).
MS Amlin to join forces with Folgate Insurance Company for 2019 launch
Folgate Insurance Company Limited has partnered with MS Amlin for its launch in December. The partnership will be writing Property, Liability, Professional Indemnity and other lines of business throughout the UK from 1st January 2019.
Folgate’s managing agent, APC will facilitate the Underwriting to ensure its panel of supporting brokers continue to get the service they need.
Chief Underwriting Officer of Folgate, Ian Russell said “We are absolutely delighted to re-launch Folgate into the UK market with a partner as strong as MS Amlin. This is the start of moving Folgate back to where it once was”.
Russell continued “There have been recent signs that the market is turning, especially in London, therefore this new partnership could be valuable for a lot of brokers and MGA’s in the UK during 2019”.
Richard Coxon, Head of Underwriting – P&C UK at MS Amlin commented “We are incredibly pleased to be partnering with a long-established insurer like Folgate Insurance Company and we are very proud to be a part of the launch. We believe that the combined experience and expertise of MS Amlin, Folgate and APC will result in a very strong offering for the broker market.”
Folgate Insurance Company Ltd will be going live in December and writing business from 1st January 2019. Folgate will give brokers access to classes such as Property, General & Professional Liability, Directors & Officers and Warranty. Folgate also underwrites binding authorities through MGAs, independent brokers, and Lloyd’s coverholders.
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