As a Managing General Agent (MGA), we currently have underwriting authority of Baloise and Argenta.
Argenta Holdings Plc, owner of Argenta Syndicate Management (ASML), is a 100% subsidiary of Hannover Re. Argenta Syndicate 2121 is capitalized by Hannover Re and other thirdparty providers of capital. Argenta Syndicate 2121 has an A+ rating from Standard & Poor’s and an A rating from A.M. Best. Hannover Re (50.2% shareholder Talanx A.G.) is among the top 3 reinsurers worldwide with a gross premium of more than €24 billion (2020) and excellent financial ratings (Standard & Poor’s AA- and A.M. Best A+).
With 30 years of experience, Axeria is the only French company specialising in multiple property and casualty insurance for companies insurance for businesses, on a human scale, and benefiting from an A-rating. Based in Lyon, Axeria places proximity at the heart of its model. Axeria has an A- rating (Stable Outlook) from AM Best.
Baloise Belgium nv is a top 4 Non-Life insurer and market leader in Belgium in Marine and Transportation insurances. Baloise Belgium nv has an A+ rating (Stable Outlook) from S&P. Its 2020 Net Combined Ratio was 90.9% with a premium turnover of €2 billion and pre-tax profits of €229.6 million.
Groupe SMA is a French mutual insurance group founded in 1859. The group has about 4,000 employees, is based in Paris and has a premium turnover of EUR 2.6 billion. Groupe SMA has several branches in Europe, including Belgium, Spain and Portugal. SMA has a solvency ratio of 301% and a Fitch rating of A+ (with a stable outlook).
Navium Marine is an underwriting agency (MGA) specialising in all aspects of Marine Insurances. The company has capacity of amongst others Fidelis Underwriting, that has an A- rating from S&P and A rating (negative) from AM Best, and is part of the Pine Walk Group.