PBSH seals record delegated binding deal

PBS Holdings (PBSH) has announced a strategic partnership with two major insurers - a deal thought to be the largest delegated binding authority of its type in the UK market.

PBSH has agreed upon a major underwriting capacity deal with Axa, Royal & Sun Alliance (RSA) and Primary Insurance Company (PICL); which is expected to yield £120m gross written premium (GWP) in its first year of operation and £500m GWP over the period of the next three years.

Jonathan Davey, chief executive officer at

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: