Century Underwriting signs long-term capacity deal with Antares

It marks a significant shift in the MGA's ability to scale and diversify its commercial motor and specialty portfolio

Century Underwriting signs long-term capacity deal with Antares

Insurance News

By Josh Recamara

Century Underwriting has secured a long-term capacity partnership with Antares Insurance Company Limited, marking a significant shift in the MGA's ability to scale and diversify its commercial motor and specialty portfolio. 

Effective Dec. 1, the agreement provides substantial dedicated capacity to Century and its sub-brand Cognition, supporting underwriting expansion, product development and sustained growth.

Cognition+ has been named as IB Global 5-Star Technology and Software Providers. Read more here.

The UK-based MGA has built its business around specialist commercial motor risks, and the new arrangement is designed to help the firm broaden its footprint in targeted sectors while strengthening its position with brokers and policyholders seeking stable capacity amid continuing market volatility.

Chief executive Guy Fraser said the partnership marks a major step for Century as it pushes deeper into lines that remain underserved by larger carriers. He said Antares’ commitment gives the business the security and scale needed to accelerate planned underwriting growth and reinforce the MGA’s focus on consistent pricing discipline.

From Antares’ perspective, the deal reflects the company’s wider investment strategy as it looks to support niche underwriters with strong portfolio management and demonstrable track records. Pantelis Koulovasilopoulos, chief executive of Antares Retail, said Century’s approach aligns with Antares’ aim to back partners that combine underwriting control, market knowledge, and operational rigour.

The agreement also includes shared data and analytics capabilities, real-time portfolio performance visibility, and collaborative product design. These elements are expected to enable quicker responses to changing exposure trends, evolving motor fleet needs, regulatory developments, and claims experience shifts.

Antares confirmed that the partnership follows a detailed due-diligence review of Century’s strategy, performance, and underwriting governance. The company said the decision reflects its view that MGAs providing specialist risk expertise and demonstrated control will continue to play a key role in delivering capacity and underwriting reach for the wider market.

For Century, the deal strengthens its competitive position in the current cycle, where capital appetite has remained selective and carriers have focused heavily on performance and returns. The partnership gives the MGA longer-term certainty over capacity deployment, an important consideration for brokers seeking consistency in pricing and coverage availability for fleet customers.

As market conditions continue to evolve, the agreement is expected to position Century to push forward with planned growth without diluting underwriting discipline, giving brokers and clients greater confidence in the continuity and resilience of its offering.

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