Q Underwriting Managing Director Stuart Webb provides a broker update
Authored by Q Underwriting MD Stuart Webb
It’s been a year since we combined our specialist MGAs under one brand and since then, our business has gone from strength to strength.
We have embraced a new, unified brand at Q Underwriting, without losing the prestige and trust earned by our legacy brands. Q Underwriting provides specialist products across Property, Casualty and Motor and is a fantastic one-stop-shop for our brokers looking to place challenging risks and to engage with empowered underwriters.
Over the last year, our GWP has risen to over £170m and we currently have 70,000 policies live across our three core divisions, Casualty & Construction, Property & Package and Motor. The Q Underwriting team has grown too, with our headcount now above 200. All our people are passionate about the brand and the service we provide to our broker and insurer partners and have worked tirelessly to make the transition a success.
Q Underwriting also won the Insurance Business UK 5 Star MGA award and 5 Star Construction award, so it’s been a busy few months!
Christian Burton, Q Underwriting’s Head of Sales and Distribution, said, ”adopting the Q Underwriting brand was a huge step for us and our broker partners. It’s been very well received, providing clarity about what’s on offer, with everything accessible in one place – Qtrade. We thank our broker partners for their support in the rollout of the new brand, which is now complete. Exciting times ahead for Q Underwriting!”
A big thank you to our broker partners for your continued support. We look forward to working with you over the next year and beyond!
About Q Underwriting
Specialist MGA providing quality products for niche commercial markets
Q Underwriting is a specialist underwriter, providing over 25 niche commercial lines products – all backed by A rated insurers. Our specialisms include construction, tradesmen and liability; charities, faith and recruitment; public and private hire, fleet and motor trade; and non-standard property. All our products are underwritten in-house by our experienced team.
Q Underwriting is a robust and reliable partner for brokers and insurers; we’re backed by The Carlyle Group, one of the world’s largest private equity firms. We write £95m of premium under delegated underwriting authority from several A rated insurers and our team of over 135 people support a nationwide network of brokers.
We are focused on providing excellent service and supporting brokers’ growth. In trading terms, we offer the best of both worlds: brokers have direct access to our experienced underwriters as well as a quick and easy to use broker portal – Qtrade – which houses all the products available from Q Underwriting in one place.