KGM boss doubles down on Zurich deal, eyeing ‘never-ending conveyor belt of opportunities’
Zurich has remained the sole capacity provider of KGM, as Ciaran Astin, managing director of the MGA, has targeted ramping up to £500m by 2030 through a “never-ending conveyor belt of opportunities”.
Earlier today, Insurance Age reported that motor specialist managing general agent KGM, part of the Howden-owned Dual, had renewed its capacity deal with Zurich for a further five years, tapping into backing for over £2bn in gross written premium.
The MGA currently sits at £298m gross written premium.
Astin, pictured, explained: “It [the capacity value each year] ramps up over that [five-year] period. Obviously, there’s ups and downs in the market, so [we] trade through that. But we’ve got a glide
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