OneAdvent-managed MGA, Helmsgate Limited (Helmsgate) has acquired Lloyd’s Coverholder status, allowing the MGA to develop within the growing market, explore new territories and establish itself amongst the leaders in the Waste and Recycling insurance industry.
With additional support from Lime Syndicate Management and Lloyd’s Broker, United Insurance Brokers Limited (UIB), Helmsgate (previously Criterion Underwriters) has also launched its new brand.
Helmsgate Underwriting Director, Stuart Kinsella, said:
“Being awarded Lloyd’s Coverholder status will present gravitas to supporting an important sector of the property market, which has been traditionally considered hard to place. With our robust underwriting model, we have been granted greater opportunity to provide viable solutions to brokers and insureds in Australia, New Zealand, and the UK.”
Helmsgate’s CEO, Cameron Lloyd added: “We look forward to expanding our value proposition to our partners, and existing and new insureds and brokers, with the valuable support of Lloyd’s capacity.”
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 Helmsgate
Helmsgate is a Lloyd’s Coverholder and global specialist Managing General Agent (MGA), built for complexity. It designs and deliver intelligent capacity solutions for challenging and underserved markets, partnering with brokers, reinsurers, and underwriters to unlock value where others see risk. Helmsgate provides tailored re/insurance solutions for clients and risks worldwide, with a focus on:
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