LONDON, 17 October 2024 - Mission Underwriters (Mission), which builds stand-out MGAs around talented underwriters, announces the launch of Carrow Insurance (Carrow) under the leadership of Ronan Conboy, marking the 25th MGA to join the Mission stable, globally.
Carrow is set to focus on Warranty, Accident & Health, and Income Protection products in the UK and Europe. With former CEO of AmTrust International, Ronan Conboy, at the helm, the business plans to leverage a robust network of brokers and distribution partners supported by A- rated capacity via Accelerant. The business has plans to expand into additional lines as part of its broader growth strategy for 2025.
"Mission doesn't just invest in businesses; we bet on visionaries who can reshape the insurance landscape," said Adrian Morgan, CEO of Mission Underwriters UK & Europe. "Ronan's track record of driving global growth at AmTrust International isn't just impressive, it's exactly the kind of disruptive thinking the industry needs. He's not here to follow the market, but to push it forward. With Carrow, we're not looking for incremental gains. We're backing Ronan to challenge the status quo and deliver the kind of value that makes clients and competitors alike sit up and take notice."
Carrow will open for business in the coming weeks.
About Mission Underwriters
Backed by Altamont Capital, a US private equity firm with over $4.3 billion of capital under management, Mission Underwriters (Mission) was established in the US in 2021.
Mission builds MGAs around talented and experienced underwriters, providing them with the capacity and the business, finance, technology, marketing, and regulatory support needed to grow successful, specialist insurance MGAs.
We believe in a new approach to transacting insurance at Mission, empowering these underwriters to establish their own specialist MGAs through our team of experts, differentiated technology infrastructure, and long-term capacity.
