RUP Commercial Risks LLP, the specialist commercial motor MGA, has today announced its rebrand to a new boutique and independent MGA, Century Underwriting Ltd.
The new name, Century Underwriting Ltd, reflects the 100+ years of experience held by the current team of highly technical and expert underwriters including Guy Fraser, Ian White, Paul Shanahan and Spencer Mansell. It will continue to be a specialist commercial motor MGA but with an appetite to broaden its reach into additional complementary commercial lines including liability and property.
Guy Fraser, previously Partner at RUP Commercial and now Managing Director of Century Underwriting Ltd, comments: “Under the RUP brand we have built a reputation for being the commercial motor underwriter that always looks to find a solution– we find ways to underwrite risks not decline them, and this means that brokers know they can come to us with confidence, that we will always do our best to find a way – even with the trickiest of risks. This same approach will continue under Century Underwriting. We’re specialists but we’re also a friendly, approachable team that can be relied upon for a fast turnaround – it is these things that brokers tell us matter most to them.”
“Our rebrand and the launch of Century Underwriting is incredibly exciting because now we have our independence. We will continue to maintain our core expertise in commercial motor, but now we have complete control over our growth strategy. We have a special proven recipe that we hope to replicate across other complimentary lines, and our team is very much looking forward to putting our stamp on these new niche areas.”
Century Underwriting has underwritten over £30m of commercial motor GWP and works with over 300 brokers. Its commercial motor capacity and claims management comes from Markerstudy who have been working with the team since 2011.
Guy Fraser continues: “we are entrepreneurial and hungry to grow, but our growth will be measured and our expertise and service to our brokers will always be our primary concern.”
Notes to editors
About Century Underwriting Ltd
Launched in 2014 following the management buyout of RUP Commercial from its limited liability partnership (formed in 2011), Century Underwriting is a broker only specialist commercial fleet underwriting agency aimed at providing a one stop shop for fleet operators – providing them with all the insurance and insurance related products they require. It has underwritten £30m of GWP and services 300 brokers.
With capacity from Markerstudy, it offers general commercial motor and specialises in Haulage and Courier fleets. Its underwriters look to add value to the purchase of insurance by spending the time to look at each specific account, understanding the exposure, finding ways to mitigate future losses and ultimately finding solutions to clients’ problems.