Globe Underwriting, a UK-based managing general agent (MGA) specialising in tailored insurance solutions, has taken a significant step forward with the launch of its professional indemnity (PI) proposition.
This initiative marks the first product in its newly formed financial lines division, signalling the company’s strategic growth ambitions.
The launch of the PI proposition comes as Globe aims to expand into the financial lines market, recognising growing demand for specialist insurance products in this sector.
The company plans to further broaden its portfolio to include management liability and financial institutions offerings in the near future.
Globe Underwriting focuses on providing expert-led insurance products through innovative underwriting and strong broker partnerships. With a reputation for delivering service-driven solutions, Globe serves a diverse client base across multiple sectors.
The new professional indemnity product, which went live in July, is designed to address the specific needs of professional services firms requiring coverage for legal liabilities arising from advice or services provided. It aims to offer competitive terms alongside specialist underwriting expertise tailored to financial lines risks.
Supporting this expansion, Globe has appointed Paul Nolan as head of financial lines and Kiran Wignall as underwriting manager for professional indemnity. Both join immediately to lead the growth and development of the new division, bringing extensive experience in London’s insurance market.
Paul Nolan brings over 20 years of underwriting experience, having held senior roles at AIG, AGCS, and most recently as head of financial lines at Probitas Syndicate 1492. There, he managed a diversified portfolio with a gross written premium of around £80m and built a high-performing team. Nolan will drive the division’s underwriting strategy and portfolio management while expanding the financial lines offering.
Kiran Wignall, with 12 years’ specialist PI underwriting experience including roles at AGCS and Hiscox, joins from Probitas Syndicate 1492 where he was head of PI. He will oversee underwriting strategy, growth, and profitability of Globe’s PI portfolio, as well as team recruitment and development.
Commenting on his new role, Nolan said, “Globe is at a dynamic stage in its growth, and the opportunity to build a new financial lines division from the ground up is an incredibly appealing one. Being able to shape the strategy, recruit top talent, and work within such a fast-paced and entrepreneurial environment with a clear mandate for growth is extremely compelling. I’m looking forward to building a strong, collaborative underwriting culture and getting our initial professional indemnity team fully operational.”
This launch underlines Globe Underwriting’s commitment to expanding its specialist capabilities and delivering expert-led, service-driven solutions to meet evolving broker and client needs within the financial lines space.
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