Ex-Sterling owner Nicholas Cooper launches HNW renovation MGA
The founder of Sterling has re-entered the insurance market with the MGA which can insure projects for up to £150m.
Renovation Underwriting, a managing general agent focused on HNW renovation for commercial and private clients, has been developed with former Sterling-owner Nicholas Cooper as a director.
Insurance Age can reveal that Cooper, who sold Sterling to Covéa in 2014, has re-entered the insurance market with the proposition and has a 50% share in the new initiative alongside his son William Cooper, CEO of HNW broker Stanhope Cooper.
The remaining 50% is held by Douglas Brown of Renovation Insurance
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