London specialty lines MGA Ensurance has penned a capacity deal with Axa Insurance UK for its core construction and engineering products.
The deal provides AA rated capacity to Ensurance and will see Axa replace Swiss Re as the MGA’s main capacity provider.
Ensurance founder and CEO Tim James sought to reassure brokers that the new arrangement maintains the MGA’s position in the UK construction and engineering market.
“With Axa, we have a capacity partner who shares our ambition to take our business forward to the next phase of our journey,” he added.
As well as its core construction and engineering risks, Ensurance also provides products covering engineering inspection, cyber, terrorism and sabotage, and active assailant.