Hadron partners with Integra and Congregational for £500 million UK underwriting deal

Corporate Action
โดย GlobeNewswire·Read original
Summary · why it matters

Hadron has announced a four-year, £500 million gross written premium capacity partnership with UK managing general agents Integra Insurance Solutions and Congregational Insurance Solutions, both part of the Integra Group owned by Hannover Re. The arrangement will provide underwriting capacity for Integra's home insurance programs and Congregational's specialist church insurance offerings. Hadron, a specialty carrier launched in 2023, brings purpose-built technology and portfolio transparency to the delegated authority market. Integra Group CEO Martin Cox cited Hadron's underwriting expertise and tech-led model as key factors in the selection.

Impact on stocks 1

Financials▲ · 1 stocks
Hannover Rück SE
HNR1
▲ PositiveCapitalrelevance

Hannover Re's subsidiary Integra Group secures £500M capacity deal, benefiting parent via increased business.

Off-coverage companies 3

HadronPrivate▲ Positive
Demandrelevance

Hadron secures £500M partnership, expanding its delegated authority market presence.

Integra Insurance Solutions LtdPrivate▲ Positive
Demandrelevance

Integra Insurance Solutions obtains £500M capacity for home insurance programs.

Congregational Insurance SolutionsPrivate▲ Positive
Demandrelevance

Congregational Insurance Solutions gains £500M underwriting capacity for its church insurance offerings.

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