Insurtech Pikl has formed a new partnership with Prestige Underwriting, backed by Aviva, that will see it move its UK MGA capacity for vacation and short-term rentals to this new facility.

Louise Birritteri (pictured), founder and CEO of Pikl, said: “We’re delighted to be able to announce such a strategically important partnership with two of the UK market’s heavy hitters in the property insurance markets. It really is a win:win:win situation for the three partners.

“The increased capacity offered by Aviva’s backing will enable us to extend our overall reach into the growing short-stay and vacation rentals market and help us expand our underwriting footprint in the non-standard areas where Prestige specialises. Customers will benefit from knowing that the products they buy are backed by A-rated capacity from a well-known brand.

“With a long-standing partnership already in place with Prestige Underwriting, it made absolute sense that we utilise this existing relationship together with Aviva to grow our capacity and leverage the considerable skill sets within our combined organisations.”