UK MGA Manchester Underwriting Mgmt Buys Renewal Rights of Pinpoint Underwriting

Manchester Underwriting Management Ltd. (MUM) has acquired the portfolio renewal rights of Pinpoint Underwriting. The underwriting team at Pinpoint will be joining MUM with immediate effect.

Pinpoint is a well-established MGA, specializing in writing UK professional indemnity. Pinpoint is headed up by Scott Ruff who has worked in the industry for over 35 years, previously with Aviva before setting up Pinpoint.

Joining Ruff are Roger Wallace and Brian Kerrigan.

“Manchester Underwriting Management is about providing quality products, fantastic service and first-class security. Our underwriters make decisions and we provide a great claim service,” said Charles Manchester, chief executive of Chesham, England-based MUM.

“It is great to have Scott and his team on board, they have a great reputation and are respected and well known in the market. Their approach to underwriting fits with the MUM ethos. Scott and the team will only strengthen MUM,” Manchester said in a statement.

“It has been a pleasure working with the team over the last seven years to create, develop and build Pinpoint into the success it is today,” said Ruff.

“However when the opportunity was presented to become part of the Manchester Underwriting Management team, it was a perfect fit for the Pinpoint team to join a much larger progressive organization with a similar underwriting philosophy and who understands the importance of good customer service and broker relationships. We look forward to our new journey with MUM and continuing to give a great service to our existing customers and developing new relationships.”

As part of the acquisition, MUM will retain Pinpoint’s Perth office in Scotland, adding to its existing London, Chesham, Bristol and Leeds offices.

Source: Manchester Underwriting Management

Topics Mergers & Acquisitions Underwriting Insurance Wholesale