Eaton Gate, the London-based managing general underwriter, has established a strategic partnership with SiriusPoint International.
The partnership marks a significant milestone as Eaton Gate becomes the first Managing General Agent (MGA) partner to emerge from SiriusPoint International’s new MGA Centre of Excellence, introduced earlier in the year. The center aims to provide an efficient and collaborative onboarding experience for new MGA partners, reflecting SiriusPoint’s commitment to operational efficiencies and a unified global platform.
Jonathan Matthews, Group Chief Operating Officer of Eaton Gate, expressed enthusiasm about adding SiriusPoint as a global partner to their panel. He mentioned that the partnership will play a crucial role in supporting the next phase of Eaton Gate’s growth, focusing primarily on UK property & casualty insurance.
The strategic alliance will harness the strengths of both companies, combining robust underwriting capacity with a management team boasting blue-chip UK market pedigree. This will enable SiriusPoint to accelerate Eaton Gate’s strategy in servicing national and selected regional broking partners, offering compelling SME commercial and mid-market home underwriting capabilities.
Eaton Gate’s group of MGAs currently writes in excess of £100 million in gross written premium, demonstrating their robust presence in the insurance landscape.
Rob Gibbs, Chief Executive Officer of SiriusPoint International, expressed pride in this significant step towards fulfilling their international strategy. He acknowledged the successful implementation of the SiriusPoint International MGA Centre of Excellence and the collaborative efforts across the global business to make this partnership possible.
Gibbs extended his gratitude to everyone who contributed to this milestone, envisioning further growth and evolution of the international business with expert partners like Eaton Gate and the continued strength of the MGA Centre of Excellence.
The partnership between Eaton Gate and SiriusPoint International signifies a powerful alliance in the insurance domain, promising enhanced services and benefits to their valued clients and partners.