Xbroker targets £45m GWP as it opens London office
South Wales based MGA hopes to attract new capacity with city office.
Xbroker, a managing general agent (MGA) which is part of the Moorhouse Group, will open an office in London as part of its strategy to reach £45m gross written premium (GWP) over the next 12 months.
The new premises in Leadenhall Street, between the Gherkin and the Leadenhall Building, are due to open on 1 June.
Xbroker, which currently writes £26m GWP and is based in South Wales, anticipates its new site will provide a platform to attract new capacity.
Strength
The MGA currently manages capacity
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