Legal Protection Group secures capacity deal with Alwyn Insurance Company
HDI Global Specialty stopped providing capacity for the MGA, which lists Arron Banks' Eldon Insurance Services as a major shareholder, in February this year.
Legal Protection Group (LPG) has agreed a new capacity arrangement with Alwyn Insurance Company.
This follows news from earlier this year that HDI Global Specialty, formerly Inter Hannover, was no longer providing capacity for the managing general agent.
The deal between the businesses ceased for new business on 1 February this year.
Alwyn, which is a wholly owned subsidiary of Arch Capital Group, was formed in 2011 to provide delegated capacity on a meaningful basis to MGAs.
Bristol
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