Arbol has appointed Pro MGA Global Solutions (Pro MGA) to support its UK launch and international MGA expansion strategy.
Arbol is launching a new London-based MGA which will serve international markets outside the US.
Based in New York, it is a technology-led underwriter of parametric risk transfer, climate and weather reinsurance.
As part of the mandate with Pro MGA, Arbol’s UK MGA will offer a range of products for the agriculture, renewable energy and construction industries.
Pro MGA will offer full incubation services including its unique turnkey solutions as an appointed representative. This will provide Arbol with the necessary strategic and regulatory oversight, as well as back-office services.
Arbol will also use its UK partnerships with capacity providers and brokers to broaden its global network.
Commenting on the expansion, Sid Jha, CEO and founder of Arbol, says: “Our expansion into the UK is a key moment for Arbol as we continue to provide businesses with straightforward and practical tools to manage climate risks.
“Our London-based MGA combines the proprietary technology, data, and underwriting tools of the Arbol ecosystem with our team’s global expertise in structuring climate solutions – thereby offering businesses a reliable shield against seasonal and catastrophic climate risks.”
