Folgate Underwriting has upped the total sum insured available per location to £70m and said its increased line size could now cater for hotels as well as wholesale and distribution risks. Folgate launched its real estate proposition at the end of 2024.

Jordan Perry, chief underwriting officer for real estate at Folgate, said: “We are thrilled to announce the launch of our new line size. Since the release of Real Estate into the market in December 2024 we have grown from strength to strength. My team and I are looking forward to developing our accounts with all our trusted brokers on this exciting new opportunity.”

Scott Higgs, head of SME at Folgate, added: “I am delighted we have one of the largest property MGA lines in the market, and the underwriters within my team are excited to offer competitive rates to our growing list of brokers on their larger risks.”