Acies MGU has announced the launch of Subscribe MGA, a new Lloyd’s-backed underwriting agency focused on financial lines insurance. The move marks a significant step in Acies’s strategy to expand its footprint across the UK and international markets.
Subscribe MGA will specialise in professional indemnity, management liability, and Directors and Officers (D&O) coverage, catering primarily to small and medium-sized enterprises (SMEs) and mid-corporate clients.
The new business is led by Rob McKay, Director of Underwriting, who brings deep expertise in financial lines. McKay previously served as Head of Professional Indemnity, London Market at Manchester Underwriting Management, and now leads a team of seasoned London market professionals with experience across Lloyd’s syndicates and MGA platforms.
McKay highlighted that Subscribe’s flexible structure enables it to respond swiftly to evolving market needs, offering an edge over larger, more rigid competitors.
Subscribe MGA joins Acies’s expanding portfolio of underwriting businesses, which includes Phoenix Specialty. The launch strengthens Acies’s position in the financial lines segment while extending its reach beyond the SME market.
Acies CEO Simon Heath noted that Subscribe complements the company’s recent regional growth across the Southwest and Midlands, aligning with its long-term vision to build a diversified group of specialist MGAs supported by advanced technology and operational efficiency.
The company also revealed that additional specialty underwriting units are expected to be introduced in the coming months as Acies continues to broaden its capabilities within the Lloyd’s market.
