Folgate Underwriting secures IGI-led capacity for PI
Folgate Underwriting Agency has sealed a deal for dedicated primary and excess capacity led by International General Insurance to support its professional indemnity book.
Folgate CEO Ian Russell said: “This agreement represents a major milestone for FUAL.
RelatedUS insurer Hadron enters UK market with Folgate takeoverHybrid carrier Hadron, which launched in 2023, has bought Folgate Insurance Company for an undisclosed sum.
“The support from IGI provides the scale and stability we need to accelerate our planned underwriting growth while maintaining firm underwriting discipline and delivering consistent, sustainable value to brokers and their clients.
“This
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insight
Jensten reveals deal hattrick
Jensten Group has bought Broker One in Scotland, Coversure Dudley and Mediprotect Healthcare.
Car premium reductions start to ease
The average cost of comprehensive car insurance in the UK has dropped by £111 (13%) over the previous 12 months to £726, according to the latest data from Confused/WTW.
Quietest Q4 and annual M&A totals in years, says MarshBerry
There are “arguably no immediate catalysts that will likely push deal activity up to 2023/24 levels for the foreseeable future”.
Home premiums flatten in Q4 – Pearson Ham
Combined home buildings and contents premiums slipped marginally in the fourth quarter of 2025 but the nearly flat results signalled a significant shift from the sharper cuts earlier in the year, according to the latest research by Pearson Ham.
Ex-Towergate leader and former Esure CEO join Jensten board
Former Esure CEO David McMillan has joined Jensten Group as non-executive chair, teaming up again with Bain Capital.
Aon’s Andersen to replace Zaffino as AIG CEO
AIG has announced that group chairman and CEO Peter Zaffino intends to retire and transition to executive chair by mid-year.
Alps launches commercial property emergency insurance
Alps has launched a commercial property emergency policy designed to provide rapid assistance and financial protection for SME businesses facing unexpected property emergencies.
Verlingue UK returns to buying with Cambridge firm
Verlingue has bought Cambridge-based employee benefits and financial planning specialist, EBCam.