The Fortegra Group, Inc., a global specialty insurer and subsidiary of Tiptree Inc., announced it has received approval to establish Fortegra Insurance Company UK. The Prudential Regulation Authority (PRA) granted this approval, effective November 29, 2024.
This regulatory milestone enables Fortegra to significantly expand its specialty insurance underwriting services throughout the United Kingdom. The company aims to enhance its presence in the UK and London markets, building on its previous successes in Belgium and the broader EU region.
Fortegra's strategy emphasizes serving Managing General Agents (MGAs) and agents with niche programs, supported by rigorous underwriting, advanced AI, and data science applications. This expansion demonstrates Fortegra's commitment to thoughtful geographic growth and establishing strong partnerships in Europe.
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