XS Direct's UK MGA stops writing new business

XS Direct Insurance Brokers revealed that its managing general agent (MGA) arm stopped accepting new business on 7 January.

The Dublin-based broker acted as an MGA in the UK on behalf of Calpe Insurance Company, Watford Insurance Company Europe and Alwyn Insurance Company.

According to a press statement released by XS Direct, the agency agreements with the insurers have not been renewed for a further term, and therefore the company has decided to no longer accept new business.

Moreover, its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

See also  How to plan your allotment space