OneAdvent, the specialist MGA services platform, has announced the launch of Elevate Specialty, a bold new full-stack MGA aiming to seamlessly integrate embedded and specialty insurance solutions into customers’ everyday protection needs.
Backed by Greenlight Re, the next-generation MGA, founded by former DAS directors, combines start-up agility with the capacity and credibility of established A-rated carriers. Using technology, granular data, and relentless customer focus, Elevate creates native insurance products that people can actually use and value.
OneAdvent will support the MGA with the vital regulatory, compliance and business oversight needed to enable rapid product deployment and scale. With this support, Elevate Specialty now offers a range of embedded products, including Legal Expenses Insurance, Income Protection for Renters, Cyber, Home Emergency and Personal Accident cover.
Tim Quayle, CEO at OneAdvent commented on the new partnership: “Elevate Specialty has created an impressive product offering, locating a gap in the market, and providing a product that seamlessly benefits the customer. We have been impressed by their flexibility and aptitude in leveraging new technologies and data to create a ‘native’ insurance product, and we are excited to support them during their successful launch.”
CEO and Founder Mickey Attia, shared: “We launched Elevate because insurance should work for people, not just protect balance sheets. We design products and claims experiences that feel like they’ve always belonged in the customer’s world. That’s when insurance works best.”
Robin Stagg, COO and Founder, added: “By making protection a natural, useful part of everyday environments, we unlock engagement, improve outcomes, and deliver measurable value for customers and partners alike.”
About OneAdvent
OneAdvent helps launch and scale MGA businesses by offering a breadth of bespoke services that fill crucial capability gaps. OneAdvent’s service offering provides clients with the fundamental processes and back-office infrastructure to help set-up their regulated insurance business, allowing them to focus on product development and distribution.
About Elevate
Elevate Specialty is the UK’s new, consumer-first MGA rewriting the playbook for embedded and specialty insurance. Built by an award-winning team with over a century of industry expertise, Elevate fuses the speed and innovation of a start-up with the capacity of A-rated carriers and strategic partners.
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