Specialist reinsurance managing general agent Connect Underwriting Limited has launched reinsurance MGA BRICS UW, subject to regulatory approval, which will provide capacity to emerging markets. It will seek to attract international markets, enabling reinsurers without a presence in London to access London distribution and business they would not typically see in their local territories.

Jamil Elbahou, CEO and CUO of Connect Underwriting said: “BRICS is a diverse and versatile underwriting business that will give quality emerging reinsurance markets the ability to grow on the international stage and act as a much-needed interface between London and international brokers and markets.”