Munich Re MGA put into run-off
Munich Re has put GrovesJohnWestrup, its high-net-worth managing general agent, into run-off.
As revealed by sister title Insurance Post yesterday, the run-off began 1 July.
The Munich Re HNW arm entered the private client market in 2020. According to its website it had a team of eight, with Stuart Bromley as head of underwriting.
In 2021 GrovesJohnWestrup Private Clients launched a digital broker platform.
DecisionA Munich Re Specialty spokesperson said: “A recent strategic review of our businesses has led to the difficult decision that GrovesJohnWestrup Private Clients will cease writing
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 or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
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 Insight
Broker bought Porsche and Cartier ring with proceeds from £3.45m fraud
A former insurance broker employee was sentenced at Southwark Crown Court yesterday (29 October 2026) to seven and a half years after being convicted of fraud by abuse of position.
Ageas claims UK motor insurer first on ChatGPT
Ageas has claimed to be the first UK motor insurer to offer customers a direct car insurance quote through ChatGPT using its Esure brand.
Experts join forces to assess benefits of young driver safety ratings
A collaboration of leading researchers, road safety organisations and insurance specialists have come together to explore how to reduce crashes involving young drivers.
Budget 2026: What the tax changes mean for UK insurance brokers
In the wake of Chancellor John Healey’s first Budget this week Tom Golding, partner in the corporate tax team at PKF Littlejohn, unpicks the potential ramifications for brokers, MGAs and the wider UK insurance sector.
People Moves: 26-30 October 2026
Follow the latest personnel moves in insurance.
Prestige seeks broker buys and investments
Prestige Insurance is opening its doors to independent insurance brokers to join the business, with options ranging from full acquisitions to phased transitions by way of partial investment.
Broking Success: Tim Forshaw, Tower Insurance Brokers
Fresh from its first deal and with a goal of more than doubling to £100m GWP, Tim Forshaw, CEO and founder of Tower Insurance Brokers, outlines why the business is targeting niche mutuals and the benefits of bringing global broker knowledge to local firms.
Top 100 Broker teams up with TMHCCI on first humanoid robot cover
Insurer Tokio Marine HCC International and broker Adrian Flux have partnered up to launch first-of-its-kind domestic humanoid robot coverage in the UK.