Meet the MGA: Elmlake Underwriting
A seasoned professional indemnity underwriter, Darren Galloway, managing director of new MGA Elmlake Underwriting, explains how it plans to fuse both traditional and modern approaches to offer a one-stop shop for brokers and their clients.
Darren, what attracted you to start up your own MGA?It was a frustration on my part about the market and the areas I was underwriting, in that I didn’t feel I had the tools to move forward and do what I wanted to do.
As an underwriter you need to have a balanced book and write larger and heavier risks at one end, the more complex; and some more straightforward ones at the other – which always tended to be profitable.
But a lot of that smaller business is now done online, through portals and on
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.
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 Insurer
Aviva Health boss Steve Bridger takes claims role as Waseem Malik exits
Aviva has appointed Steve Bridger as chief claims officer for UK and Ireland general insurance, replacing Waseem Malik, who has left the business.
Biba 2025 Countdown: Beazley’s Sam Franks
Sam Franks, country manager and head of partner engagement for the UK & Ireland at Beazley, promises plenty of pink and underwriters on its stand; offers advice about how brokers can differentiate themselves from their peers in the market; and looks forward to being energised and reconnected after the event.
People Moves: 22 – 25 April 2025
Follow the latest personnel moves in insurance.
UK commercial rates falling faster – Marsh
The pace of UK commercial insurance rates dropping quickened in the first quarter of the year, outstripping the global fall.
Gibson and Johnson set to leave Allianz after claims merge
Graham Gibson, chief claims officer for Allianz Commercial, and Caroline Johnson, claims director for Allianz Personal, are set to exit the insurer in Q4.
Cowbell makes first move beyond standalone cyber insurance in UK with PI launch
Cowbell, provider of cyber insurance for SMEs and middle-market businesses, has launched professional indemnity and cyber cover for technology companies with up to £1bn in annual turnover.
Axa swings back to UK underwriting profits in 2024
Axa Insurance UK returned to underwriting profit in 2024 with a £45m result, reversing a £103m deficit in 2023.
Biba 2025 countdown: Arch Insurance UK’s Janine Starkie
Janine Starkie, regional manager for the North and Scotland at Arch Insurance UK teases a special guest for its event at the Exhibition Bar; reveals she has snagged Oasis tickets; and looks forward to promoting its ‘hub-and-spoke’ model that ensures underwriters are exactly where brokers need them.