Managing general agent Kovrilo, which is incubated by Mission, has launched with a focus on providing commercial cover for UK SME’s. The cover is available on a modular basis and includes property, liability, cyber, legal, and terrorism options. Kovrilo said it had a five-year capacity deal in place.

Kovrilo is led by Tim Smith and Sonia Habib. It is the ninth UK MGA launched by Mission. The MGA said it would offer brokers instant quotes, automated document processing and direct access to underwriters.

Sonia Habib, co-founder of Kovrilo, said: “The use of first-rate technology is an important part of our underwriting ethos, but it’s crucial that we pair this with broker-centred human underwriters to provide brokers and clients with the attention and peace of mind they deserve.”