Gresham Underwriting Limited is a Managing General Agent (MGA) that provides insurance products to a wide range of business and personal lines customers via FCA authorised insurance intermediaries.
We are a member of the Managing General Agents Association (MGAA) and are also a Lloyd’s Coverholder which means we are able to underwrite business under delegated authority from syndicates at Lloyd’s of London.
The MGAA is a non-profit making organisation that represents UK managing general agents. As an MGA, Gresham is not a wholesaler of insurance products, nor are we a general broker. We are a firm that Underwrites insurance risks and owe our primary duties to a panel of insurance companies, Lloyd’s syndicates and other providers of insurance capacity.
As an MGAA member we subscribe to a code of ethics. The over-arching principle which MGAA members must observe is to operate in a legal, fair and ethical manner in all that they do and with whomever they act, and to ensure that member businesses act in utmost good faith towards one another at all times.
We have been operating as an underwriting agency since 1995 trading under a number of trading names and became Gresham Underwriting in 2010. We have a wealth of experience in the underwriting arena with a number of our underwriters still with us from the early days. Our aim is to provide solutions to our broker and intermediary network – designing, underwriting and innovating – by creating products that satisfy the needs of our brokers’ clients. We have a wide-ranging product set providing solutions for many different businesses as well as a market leading bedroom rated household product.
We aim to continually evolve by creating new products to reflect the need of the customer and to reflect the ever-changing world.
We only work with brokers and intermediaries and do not sell directly to the customer.
We aim to make life as easy as possible for those placing business with us with most of our business able to be quoted for and bound seamlessly via our greshamonline quote engine.
Gresham underwrites on behalf of insurance companies and Lloyd’s syndicates all of whom must be at least A rated to be considered suitable paper for us. All of our brokers and intermediaries must be FCA approved and appear on the www.fca.org.uk website. We monitor all brokers and intermediaries daily to ensure they continue to meet the strict criteria we set for them to be able to trade with us.