Folgate to start writing business again

open-sign

Folgate has received approval from the Prudential Regulation Authority (PRA) to start writing primary insurance again.

The insurer, bought by APC Underwriting for £1.9m from Towergate in 2014, had been in run-off since 2002 but gained approval last month to activate for new business.

Much of the business APC currently does will move to Folgate over the course of the next two years.

APC will remain as an managing general agent (MGA) and continue to offer its services as a Lloyd’s broker.

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: