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5 articles
In physical damage claims, the adjuster's first site visit settles evidence, value and reserve almost simultaneously. Intangible losses break that sequence, and UK MGAs are discovering the cost of the gap. This article sets out the three linked problems and a practical checklist for claims teams handling reputational, contractual, data and key-person notifications.
Loss of a licence, regulatory approval or operating authority is an intangible event that UK MGAs often treat as a compliance matter rather than an insurable trigger. This market insight examines where the exposure bites across transport, healthcare, financial services and waste, and sets out practical questions and trigger language for 2026 appetites.
Liquidated damages, performance penalties, service credits and termination payments are contractual numbers, not physical damage — yet they increasingly sit behind claims presented to UK MGAs as if they were tangible losses. This analysis examines why those exposures are missed in construction, engineering and professional lines, and how underwriters can identify and word around them before they reach dispute.
Parametric structures can pay quickly when intangible losses are hard to adjust, but they only work where the trigger is transparent and the data is independent. These five UK niches offer the clearest starting points for MGAs in 2026.
Tighter reinsurance appetite in 2026 is exposing the limits of broad commodity underwriting for UK MGAs. This opinion-led review argues that delegated authority is most defensible in five specialist lines where underwriting insight, evidence and scheme discipline can still create genuine value for brokers and capacity providers.