Three MGAs put motor business on pause as capacity crunch continues to bite

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Blagrove Underwriting Agency and two MGAs it supports with capacity have informed brokers that they will not be able to offer quotations or renew policies for 1 April, Insurance Age can reveal.

BUA is currently in discussions that should lead to the situation being resolved and has stressed it is just a temporary capacity issue. However, no timeframe has been put on when it will be rectified. 

MeteorWrite, a non-standard personal lines motor insurance managing general agent, and Trident Underwriting , a firm that specialises in UK single vehicle taxi insurance, have been impacted, as well as BUA. 

R&Q-owned fronting business Accredited had backed the trio with capacity. It is currently

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