AEGIS London has launched a new cross-class digital follow consortium with tech-enabled MGA Augentic in the Lloyd’s market. The facility gives brokers digital access to follow capacity across AEGIS London’s open market portfolio.
The arrangement covers Property, Casualty and Specialty risks through one digital facility. AEGIS London described the structure as a market first, combining several classes inside one follow-capacity arrangement.
Capacity comes from Argenta, Chaucer and Liberty Specialty Markets. The consortium is designed to reduce placement work and give brokers faster access to participating capacity.
The launch comes as brokers handle more complex risks under tighter placement timelines. Capacity constraints across several classes often add another layer of work, especially when brokers must approach multiple markets separately.
As a Lloyd’s of London syndicate and part of a long-established mutual insurance business, we provide clients with specialist knowledge, continuity and security across many classes of business.
AEGIS London and Augentic designed the consortium around those operational pressures. Brokers receive digital access to follow capacity across AEGIS London’s underwriting portfolio, reducing the number of separate placement steps.
The model also gives brokers more certainty around execution. Faster access to follow lines should help them complete placements without repeating the same process across several participating carriers.
Tom Squires, Head of Distribution at AEGIS London, said the insurer has used consortia for years as a way to deploy capacity. The difference this time is the closer connection between the consortium model and AEGIS London’s digital distribution strategy.
Squires said digital follow structures are becoming more sophisticated as the Lloyd’s follow market changes. He sees room for brokers to gain faster execution without moving underwriting judgment away from experienced lead underwriters.
The approach keeps underwriting discipline inside the process rather than replacing it with automation. AEGIS London wants digital tools to support the work of lead underwriters and make follow capacity easier for brokers to access.
Daniel Prince, Chief Executive Officer of Augentic, said AEGIS London’s underwriting record made it a suitable partner for the facility. He pointed to the syndicate’s consistent results and disciplined approach across market cycles.
Prince said Augentic wants to build facilities that remain commercially sustainable for clients, brokers and participating carriers. The AEGIS London consortium fits that model by combining established underwriting with digital distribution.
Alex Powell, Chief Executive of AEGIS London, said the insurer was pleased to have been selected by Augentic for the initiative. He said faster decision-making and greater automation are becoming more important across the Lloyd’s market.
Changes in distribution create new opportunities in specialty insurance. AEGIS London plans to pursue those opportunities while keeping underwriting quality at the center of its strategy.
The new consortium gives AEGIS London another route for distributing follow capacity across multiple classes. For brokers, the main change is simpler access to Property, Casualty and Specialty capacity through a single digital arrangement.
