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Parametric Climate Risk Transfer Specialist Arbol Appoints Pro MGA Global Solutions
Pro MGA Global Solutions (Pro MGA), the independent managing general agent (MGA) incubation division of global re/insurance trusted guidance provider, Pro Global Holdings Limited, is pleased to announce that it has been appointed by technology-led underwriter of parametric risk transfer, climate and weather reinsurance, Arbol Inc (Arbol), to support its UK launch and international MGA expansion strategy.
Arbol is a global leader in climate risk solutions and is expanding into the UK by launching a new London-based MGA which will service the international insurance markets outside the U.S. Arbol’s UK MGA will offer a range of products for the agriculture, renewable energy, and construction industries, and it will use its UK partnerships with capacity providers and brokers to broaden its global network.
Pro MGA will deploy its full incubation services including its unique turnkey solutions as an appointed representative, providing Arbol with the necessary strategic and regulatory oversight as well as back office services to ensure its continued successful and compliant growth.
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