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Aqueous Underwriting

Digital underwriting for UK SME brokers -- fast, flexible, broker-focused

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Overview

Aqueous Underwriting is a commercial lines MGA focused on the UK small-to-medium enterprise market, distributing through retail and wholesale brokers. Operating as a trading name of Ryan Specialty Underwriting Managers International Limited (RSUMI), it is regulated by the UK Financial Conduct Authority (FCA licence 582862) and forms part of Ryan Specialty Group (NASDAQ: RYAN).

The MGA underwrites SME package, professional indemnity, and solicitors excess layer risks with capacity provided by Allied World (A+ rated), Sompo (A rated), and Allianz. Binding authority is held under these carrier relationships, enabling in-house quote-and-bind rather than referral to capacity providers.

Distribution targets independent and regional retail brokers across the UK. A broker platform handles submissions and binds, with sub-five-minute quote turnaround marketed as the core operational differentiator for time-sensitive SME placements.

Products & Services

SME Package

All-in-one commercial package for small-to-medium enterprises, covering the main risks associated with day-to-day business operations.

Key Features

  • Material Damage and Business Interruption
  • Employers Liability
  • Public Liability
  • Optional add-on coverages

Target Users: UK SMEs placed by independent and retail brokers

Distribution: Retail and wholesale brokers via broker platform

Professional Indemnity

Errors and omissions coverage for a broad range of trades and professional services, including accountants, architects, consultants, and surveyors.

Key Features

  • Errors and omissions liability
  • Wide trade and profession eligibility
  • Flexible limit options

Target Users: Professional services firms placed through broker channel

Distribution: Retail brokers

Solicitors Excess Layers

Specialist professional indemnity excess layer product designed for legal practices requiring high-capacity protection above primary layers.

Key Features

  • Up to GBP 8M excess layer capacity
  • Designed specifically for legal practices
  • Works alongside primary PI placements

Target Users: Law firms requiring excess PI capacity

Distribution: Wholesale and specialist brokers

At a Glance

Founded
2016
Headquarters
London, England, United Kingdom
Employees
11-50

Category & Focus

Last updated: 2026-05-11