Insurtech ILS specialist eyes capacity entrance into UK motor broking
Insurance-linked securities specialist Ledger is eyeing a capacity entrance into UK motor, backing managing general agents.
Pukka Insurance has lined up capacity with insurance-linked securities specialist Ledger Investing, in what could be a major boost to the UK broking telematics market.
Pukka CEO Sam White said she is now working on a fronting arrangement – a company with licence and balance sheet to allow the capacity to pass through – to get the Ledger capacity onto her panel.
As reported in Insurance Age, Pukka’s backer on its telematics line Unipol has scaled back in the UK motor insurance market. Pukka
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