Heritage
Group, the Guernsey insurance and financial services
specialist, has taken a 33% investment in Ambant
Underwriting Services (AUS).
AUS is a City of London headquartered company which operates as
an independent incubator platform offering a 'launch and
host' service to underwriters and/or underwriting teams who are
looking to establish a Managing General Agent (MGA), a service
support function to existing fully authorised MGAs and a general
bespoke service support to entities involved in the delegated
underwriting arena.
Richard Tee, Chief Executive of Heritage Group, said: "Our
investment in AUS is part of our strategy of expansion in to the
dynamic London market. It gives us greater access to this leading
firm's considerable expertise and provides us with a solid
professional platform on which to launch the MGAs we
sponsor."
