Manchester Underwriting Management: Asta completes sale of Pelican MGA to Manchester Underwriting Management

Lloyd's third party managing agent, Asta Capital, has announced the completion of the sale of its Pelican Underwriting One Limited managing general agent (MGA) to Manchester Underwriting Management Limited. Pelican was established in 2015 in partnership with reinsurance giant Munich Re, which acted as the MGA's capacity provider. The MGA specialises in underwriting solicitors' professional [...] The post Asta completes sale of Pelican MGA to Manchester Underwriting Management appeared first on ReinsuranceNe.ws.