MGA stops underwriting and passes book to broker
Centrix Underwriting Management Ltd is passing its customers and renewals over to a broker, Insurance Age understands.
Centrix will pass the existing client book and renewals to Brian Thornhill & Son Insurance Brokers Ltd.
“The shareholders of Centrix Management Ltd have decided to withdraw from underwriting in an orderly manner,” a communication from the company, seen by Insurance Age, said.
It added: “There is no fee involved in this transfer but Brian Thornhill & Son Insurance Brokers Ltd will be responsible for all the costs of servicing the existing and ongoing book and will be entitled to receive any
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