Underwriting games: to manage the cycle effectively, focus on behavior
When actual prices line up with technical prices, insurers…
The Underwriting Exchange AG
We partner specialty insurers, MGAs and investors to deliver profitable underwriting strategies across the market cycle
2022
Incorporated in Zurich
10+
We support leading re/insurers to help them map and navigate the market cycle
15+
We advise strategy consultants and investment firms from North America to Japan
3+
We partner with founders and subject matter experts to build and scale MGAs
Brands we've worked with
QBE
Chartered Insurance Institute
Key product
We partner with Private Equity, Venture Capital and other P&C insurance investors to assess potential M&A opportunities in the sector, with a specific focus on underwriting performance, process and practice.
Key product
50% of P&C insurers make underwriting losses over the commercial insurance cycle. Drawing on both deep research and practical experience of turning around loss-making underwriting units at leading insurers and reinsurers, we help underwriting leaders to actively manage the cycle and outperform.
Effective cycle management requires alignment between leadership and the front line. We work with leadership teams to challenge assumptions, debate trade-offs, and define cycle strategies that enable organisations to anticipate change, respond decisively, and create and sustain competitive advantage over the cycle.
Organisations behave in accordance with the incentives they create. Metrics that reward short-term growth or volume at the wrong point in the cycle can unintentionally erode underwriting discipline and destroy long-term value. UWX works with leadership teams to refine performance measures and incentives throughout the market cycle, ensuring they reinforce sound underwriting decisions, strengthen accountability, and support sustainable, profitable growth.
Drawing on deep experience turning around underperforming specialty units, we work with underwriting leaders to assess the drivers of poor performance, address shortcomings and restore credibility with client and broker partners.
Key product
We work with expert underwriters and subject matter specialists to build and scale MGAs. We provide practical support to design products, secure capacity, build distribution and secure funding.
We work with founders to refine and realise business ideas and strategies.
We help underwriters build products and processes to sustain competitive outperformance.
We leverage our global and local connectivity with brokers & insurers to secure capacity for new businesses and products.
We provide practical support to businesses on the path to scale, from funding to hiring to governance.
Do you want to start or build out a specialty MGA? Contact us
News & insight
When actual prices line up with technical prices, insurers…
During the period 2013 through 2018, the U.S. did…
This article first appeared in Forbes online on 12 October 2023.
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UWX (The Underwriting Exchange AG) was incorporated in 2022. Founded by Tony Buckle and John Carolin, UWX draws upon a network of sector specialists to deliver practical impact for our clients.