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MMA Targets commercial Growth with new Acturis collaboration

23 August 2007

Intermediary-only insurer MMA Insurance plc (MMA) has today announced the addition of its Shops product onto the Acturis broker platform as part of its ongoing growth in commercial lines business.

The product, which includes cover for buildings, stock, fixtures, business interruption and other retail associated risks, is the second MMA product collaboration with Acturis. MMA's Master Tradesman Plus product was launched on the broker platform in April 2007. Further products, including Offices, Property Owners and Commercial Vehicle will be added in the future.

Commenting on the addition of a second product on the Acturis system, Ian Page, MMA's Commercial Underwriter, said: "We are committed to making it easier for brokers to do business with us and the Acturis platform enables us to deliver on this important part of our commercial lines distribution strategy."

Luke Shepherd, Acturis, adds: "MMA have delivered yet another electronic product which has had a great reception from Acturis users, we are delighted to continue to support their ongoing development in this area."

The Acturis broker platform allows brokers to receive and bind quotes from MMA, with minimal paperwork. Full policy documentation and the ability to renew cover electronically is also available via the system.

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For further information contact:
Lisa Rees (lisa.rees@mma-insurance.com)
Telephone 0118 925 8849 or
Alex Wise at Concise Public Relations
Telephone 020 7100 3960 or 07710 665 615

Note for Editors

MMA Insurance plc began trading in 1958 and is based in Reading. It is a wholly owned subsidiary of French multi-national mutual insurer Les Mutuelles du Mans Assurance Group (MMA Group). The Group has now joined forces with MAAF and Azur GMF to form an enlarged group called Covéa which is set to become a major force in European insurance.

Covéa Marketing Positioning 2006

• £8.1 billion turnover
• Number 1 for Legal Protection
• Number 1 for Household
• Number 2 for Commercial
• Number 1 for Motor
• Number 3 for Private Health

MMA Insurance distributes its products via a network of 3200 professional intermediaries throughout England, Scotland and Wales. In 2006 MMA's gross written premium was £217m with operating of £17.5m. MMA's expense ratio remains one of the UK market’s lowest at 8.3%.

Product lines are as follows:

• Personal Lines
• Commercial Lines
• Private Motor
• Small Contractors Liability
• Household
• Commercial Property Owners
• Shops
• Bed & Breakfast
• Offices & Surgeries
• Annual Travel
• Commercial Motor
• Residential Property Owners

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