Iprism, an MGA specialising in construction, property commercial and high net worth insurance, has snapped up fellow MGA, SK Underwriting Limited. Kent-based SK Underwriting was formed in 1999 and focuses on commercial property covers.

Ian Lloyd, chief executive officer at Iprism, said: “We see mutual benefit in this acquisition; SK’s property underwriting experience will bolster our own capabilities, whilst providing them access to new broker teams and business opportunities.”

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