Insurance - Cranbrook, England, United Kingdom
Pardus is an MGA (managing general agent) that offers a fast, responsive, cost-effective service, across specialty lines of business. These include forestry, accident and health, contingency and North American property. It is aiming to grow these lines of business, where viable.It has built trusting and strong relationships with insurance carriers and brokers since it opened its doors for business, in 2014.It is a Lloyds' cover holder but also remains independent and this sets it apart from other MGAs that are owned by broker networks.Its corporate structure consists of Pardus Holdings Limited, which owns 100 percent of Pardus Underwriting Limited (Pardus) while Pardus Underwriting operates as the MGA and is an Appointed Representative of Capita Commercial Insurance Services Limited. With its specialty lines of business providing the perfect introduction to global markets, Pardus fully intends to capitalise on its expanding global footprint. Utilising highly experienced underwriters is a key part of its ongoing plan to grow and develop its senior team and product capability, with the assistance of its enthusiastic support team.In the summer (2018) Pardus Holdings Limited successfully raised £1.5 million of new capital through a private placement of ordinary shares. This injection of funds is intended to support the firms' growth objectives.Pardus is a member of the Managing General Agents' Association (MGAA)
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