McGill and Partners, the independent global specialty insurance and reinsurance broker, has partnered with AEGIS London, a top-quartile Lloyd’s syndicate, to introduce a digital-first approach to placing risk.
The initiative aims to streamline the traditionally complex process of securing insurance coverage by combining automation, analytics, and pre-determined underwriting criteria, according to FF News.
The collaboration aligns AEGIS London’s risk appetite across multiple business lines with McGill and Partners’ client portfolio.
Using advanced technology, the platform will algorithmically identify eligible risks, provide quotes, and bind cover according to lead underwriters’ terms. The approach is designed to speed up placement, improve efficiency, and give clients greater certainty in fulfilment of their insurance needs.
Underwriters will benefit from a bespoke dashboard that provides real-time insights on risk selection and exposure management.
This transparency ensures that underwriting standards are maintained while simplifying decision-making. Automating the quote-and-bind workflow allows underwriters to focus on complex risks while delivering faster access to high-quality follow capacity for clients.
The initiative is powered by McGill and Partners’ proprietary Underscore broking platform and has the potential to scale across additional partners, setting a new benchmark for digital transformation in specialty insurance.
Steve McGill, CEO at McGill and Partners, said:“We’re excited to launch this digital partnership with AEGIS London. It is built on our shared ambition to deliver smarter, digitally-enabled solutions for the benefit of our clients and drive real change in our industry. At its core, it will deliver what our clients value the most: speed, certainty, and high-quality capacity. By streamlining the placement process, we unlock our brokers’ ability to leverage the wider market more effectively, which will result in a superior client experience.”
Alex Powell, CEO at AEGIS London, said: “This represents a transformative approach in how we use dedicated data analysis to inform and enhance underwriting decisions. By combining advanced analytics with innovative digital trading capabilities, we’re creating a platform that not only simplifies access but deepens collaboration with brokers for the benefit of our clients.
Underwriting excellence remains at the heart of AEGIS London, and this initiative builds on that through data-driven risk selection.
The ability to automatically identify eligible risks and deliver quote-and-bind functionality based on predefined underwriting criteria demonstrates a significant step forward in delivering a truly digital and dynamic trading capability to the market.”
The platform is expected to enhance efficiency for both brokers and underwriters, while improving the client experience by delivering faster, more reliable access to insurance coverage in line with lead terms.
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
The post McGill and Partners launches digital-first insurance placement platform appeared first on FinTech Global.