Folgate Increases Real Estate Insurance Capacity to £70 Million, Strengthening Position in High-Value Commercial Market
Folgate Underwriting has announced an increase in its total sum insured per location to £70 million for real estate and property risks. This strategic enhancement reflects the managing general agent’s commitment to supporting larger, more complex commercial property portfolios, providing added confidence to landlords and investors seeking robust insurance solutions.
Since the launch of its real estate product six months ago, Folgate has demonstrated significant growth and responsiveness to market demand. The expanded line size now enables the MGA to underwrite a broader range of high-value assets, including luxury hotels, wholesale centres, and mixed-use developments areas often underserved by traditional insurers and smaller MGAs.
This development follows Folgate’s acquisition by US-based hybrid carrier Hadron, completed earlier this year. The partnership has provided Folgate with strengthened capital resources and operational flexibility, allowing the MGA to expand its capacity and underwriting capabilities.
Folgate’s decision to increase its risk appetite is indicative of broader trends within the MGA sector, where improved access to capital and evolving market dynamics are encouraging underwriters to support larger and more complex risks. This positions Folgate as a competitive choice for brokers and clients seeking tailored coverage solutions for substantial commercial real estate exposures.
As the UK property market continues to evolve, Folgate’s enhanced capacity offers landlords and institutional investors greater assurance and bespoke insurance options aligned with the scale and complexity of their portfolios. The move underscores Folgate’s confidence in the long-term prospects of the real estate sector and its commitment to delivering market-leading underwriting expertise.
Looking ahead, Folgate’s expanded line size sets a new standard within the MGA landscape and highlights the growing role of innovative, capital-backed underwriting platforms in meeting the needs of high-value commercial property owners.
