Fledgling underwriter expands commercial lines with D&O move
Manchester Underwriting Management (MUM) has unveiled plans to move into the directors' and officers' (D&O) market.
Charles Manchester, chief executive of the broker-only managing general agent (MGA), which launched earlier this year with a professional indemnity (PI) offering, said he hoped the product would be available by the end of the year.
It came as the company announced the appointment of Richard Webb as a director of the business, a role that has been created as part of the company's plan for commercial lines expansion.
"We want to write a number of lines of business, the first one being PI as it was
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