Lumara Insurance, a new MGA specialising in business insurance and motor trade combined cover, has begun trading in the UK. Founded by David Aslin and Mark Greig and backed by Mission, the firm positions itself as a relationship-focused alternative that blends underwriting expertise with modern technology.
Lumara is offering a commercial combined product for a wide range of UK trade sectors and a motor trade combined solution available through the Acturis platform. The MGA is targeting premiums between £3,000 and £30,000 but can write larger mid-market risks. It will serve SME and mid-market clients with up to £35m total sum insured per location for property damage and business interruption. Capacity is supplied by A- rated insurers on a five-year rolling commitment.
David Aslin, CEO and co-founder of Lumara, said: "Having listened to brokers in the regional market we’ve built Lumara to give brokers genuine choice, combining the efficiency of automated platforms and data with access to real underwriting expertise. Mark and I bring many decades of regional insurance experience, and with Mission behind us, we can concentrate on delivering fast decisions, real conversations, and tailored policies for all types of commercial risks."
Mark Greig, underwriting manager and co-founder of Lumara, added: "Technology and data are powerful tools, but should support – not replace – human expertise. We serve brokers who want genuine underwriting expertise, relationship-driven service, and tailored mid-market solutions."
The founders are joined by Nick Hall, lead underwriter, who will manage Lumara’s business development.
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