Lumara Insurance has officially launched in the UK, positioning itself as a new MGA focused on commercial combined and motor trade combined coverage for SMEs and mid-market firms.
Founded by industry veterans David Aslin and Mark Greig and supported by Mission, the business aims to offer a relationship-driven alternative at a time when many brokers say they are facing slower service, rigid rules-based underwriting and legacy platform friction.
Lumara provides commercial combined policies across a broad range of trade sectors, offering bespoke wording options and additional protections including Legal Expenses, Engineering Breakdown, and proactive risk management services. For motor trade risks, the MGA will be available on the Acturis platform to ensure ease of placement and streamline quoting and policy creation. The proposition is built around access to experienced underwriters, quick decision-making and direct communication rather than a remote automated process.
Targeting business in the £3,000 to £30,000 premium range, with capacity to underwrite larger mid-market risks, Lumara can provide up to £35 million total sums insured per location for property damage and business interruption. Policies are backed by A-rated carriers with a five-year rolling capacity agreement.
CEO and co-founder David Aslin said brokers had been clear in their feedback from the regional market, with growing demand for digitally enabled solutions that still allow conversations with decision-makers. He explained that Lumara was designed to bring together the efficiency of automation with the specialist knowledge of underwriters able to assess nuance, complexity and local conditions. Underwriting manager and co-founder Mark Greig noted that technology and data are valuable but should support rather than replace human judgement. Both founders bring extensive regional market experience, supported by lead underwriter Nick Hall.
Lumara joins a UK MGA landscape that has become busier over the past two years, with new entrants pushing into specialist niches and digitally supported underwriting models.
Recent launches include Augmented UW, which entered the market in 2025 focusing on AI-supported “smart follow” underwriting in the London Market, initially targeting property and terrorism. The Managing General Agents’ Association now represents more than 430 member organisations, reflecting the sector’s growth and the continued attraction of the model for specialist underwriting in both retail and commercial lines.
With service frustrations growing among regional brokers and capacity providers seeking disciplined underwriting supported by strong reporting, Lumara’s proposition enters the market at a time when appetite for new solutions remains high. Its combination of digital access, tailored policy construction and direct expertise reflects the direction in which much of the new MGA activity is heading, with the business positioning itself as another choice for brokers seeking speed, consistency and dialogue in the commercial mid-market.
