London, 27 July 2023 - Altea Insurance (Altea), a unique provider of combined insurance and risk management solutions for the medical, allied Health and care sectors has launched today, led by former senior Axis executive Carly Matson as CEO.
Headquartered in London and backed by Mission Underwriters UK & Europe, Altea will execute a pan-European underwriting strategy supported by differentiated technology to offer real-time risk and claims insights, as well as instantaneous quotations and streamlined policy administration.
With unmatched sector expertise, Altea minimises frictional burden to clients by delivering capital efficiency through multi-year, multi-class insurance solutions. Underpinning the offering is a further legally qualified team providing a tiered risk management product suite aimed at identifying exposures and proactively addressing them.
Altea’s tailored products cater for a wide range of healthcare individuals and organisations. From complementary and beauty therapy, allied health, and qualified medical professionals, through to miscellaneous and medical, for-profit, corporate, charitable, educational, and clinical research entities. These products are developed to support its partners' and insureds’ practices, protecting and enabling them to focus on their business.
“With 20 years of experience in the medical negligence sector, Carly is an exceptional and innovative pioneer in the sector”
Adrian Morgan, CEO of Mission
Brokers and MGAs can confidently navigate their clients' medical and associated risk needs by partnering with Altea, which together with its fresh approach to risk management, marks a significant shift in the medical indemnity arena, offering Insureds the opportunity to mitigate risks before they arise.
"We aim to strip away bureaucracy and establish meaningful partnerships with our customers," said CEO Carly Matson. "Our clients can purchase insurance for their business with a one-stop approach rather than having to traverse the traditionally siloed market. When coupled with Altea’s unique proactive risk management, our clients become partners and we grow together."
“With 20 years of experience in the medical negligence sector, Carly is an exceptional and innovative pioneer in the sector,” said Adrian Morgan, CEO of Mission Underwriters UK & Europe. “Her passion and drive to redefine insurance and risk management solutions for the health and care sector ultimately led to the creation of Altea. She identified a clear market need, and we are excited to support her business with significant resources.”
About Altea
Altea is a unique provider of combined insurance and risk management solutions tailored for the medical, allied health and care sectors.
With unmatched sector expertise, Altea minimises frictional burden to clients by delivering capital efficiency through multi-year, multi-class insurance solutions. Altea’s fresh approach to risk management marks a significant shift in the medical indemnity arena, offering Insureds the opportunity to mitigate risks before they arise.
Altea's personalised, practical and sustainable solutions underpin its Insureds' and Partners' practices, protecting and enabling them to focus on their business and growth.
We care that you care.
About Mission Underwriters
Mission Underwriters empowers high-performing underwriters to establish their own specialist insurance MGAs via our team of experts, differentiated technology infrastructure and long-term capacity. We're in the business of nurturing growth and propelling MGAs to evolve beyond the confines of mere incubation. At Mission, we share the same level of commitment as our MGAs in prioritising their customers' experience and satisfaction by offering ongoing tailored support that fosters long-term benefits over short-term gains. Mission Underwriters is backed by Altamont Capital Partners, a private equity firm focused primarily on making long-term, control investments in middle market businesses.
Learn more at: https://missionunderwriters.co.uk/
