Spring Partners announces formation as MGA platform

Spring Partners Ltd, a joint venture with insurance firm Aston Lark, has announced its formation as a new Managing General Agent (MGA) platform.

The company which is led by Jeremy Miles, CEO, and Russell Kilpatrick, chairman, has been created to “invest in existing MGAs” and also create new ones with “like-minded entrepreneurial teams and people”.

Spring Partners has also recently entered into a deal to acquire Neon Sapphire Underwriting, with the intention to rebrand the firm after completion.

Russell Kilpatrick, chairman of Spring Partners, said: “We are excited to be launching Spring Partners, aligning quality capacity with high grade underwriting professionals who are finely tuned to deliver underwriting profits that will form the bedrock of our business

“We have been focused on a number of acquisitions and team lifts that will endorse our platform as a high value destination for entrepreneurial individuals.”

Peter Blanc, Aston Lark group CEO, added: “Aston Lark is delighted to be joint venture partners in the establishment of Spring Partners. I’ve always believed that being in partnership with talented individuals is a great route to success and the talent behind Spring Partners is clear to see. 

“We look forward to seeing Russell and Jeremy build an exciting new venture in the MGA world and will lend them our full support along the journey.”

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