Commercial and residential property MGA Ventis has opened for business and will write UK risks with a range of cover extensions, including buildings, loss of rent, employers’ liability, property owners’ liability, terrorism, and optional legal expenses.

Gareth Roberts, who was previously head of Covéa's mid-market specialist and network division heads up the new MGA, which aims to target standard risks overlooked in the property market from £50,000 to over £1m.

Roberts said: “I believe there is a huge opportunity in the market for a real estate MGA that is willing to invest in broker relationships and can provide real and flexible underwriting service to the same high standards as the major players.

“Our business model is built on giving brokers easy access to underwriters and rapid service delivery so that we can build partnerships that will last for the long term.”