Superian Insurance Group has entered the medical professional liability market with the launch of Scious Underwriting, a new Lloyd’s coverholder and MGA backed by 100% Lloyd’s capacity.
The new venture will focus exclusively on healthcare risks, reflecting Superian’s strategy to build out niche underwriting capabilities in the UK, Europe, and North America. Group managing director Edwin Rajadurai is leading the launch, with responsibility for developing broker relationships and setting out Scious’s growth roadmap.
Chief executive Noah Jamal said the aim is to create a tightly focused MGA rooted in Superian’s non-standard underwriting model but strengthened by Lloyd’s backing, according to a BestWire report.
The move adds to a wave of MGA activity in the healthcare space. In Asia, RedRay MGA Pte. Ltd. was earlier this year named exclusive underwriting agent for Everest International Reinsurance Ltd., Singapore branch, in medical professional liability and related covers. The appointment followed regulatory approval and made RedRay Everest’s first dedicated healthcare MGA in the region.
The developments come against a backdrop of continued MGA expansion worldwide. In the US, MGA premiums climbed 16% year-on-year in 2024 to reach $114.1 billion, outpacing the broader property and casualty market. Globally, premiums rose 15% over the same period, reflecting growing demand for specialty underwriting and flexible distribution models.
Meanwhile, the UK market has also become a hub for MGA activity. More than 350 MGAs now operate in the country, collectively managing over 10% of its £47 billion general insurance market. Industry surveys showed 84% of MGAs planned to launch new lines in 2025, while more than half are considering acquisitions or overseas expansion.
Against that backdrop, Scious will enter a market segment increasingly defined by specialist programs and targeted capacity. With full Lloyd’s backing, it is positioned to compete for business in one of the fastest-growing corners of the MGA sector.