2026-09-03 · Source: Reinsurance News
Summary in 3 Points • domusIQ Inc has launched a global risk and insurance business, domusIQ Risk Holding (Bermuda) • Donald Harrell is appointed as the Global CEO of domusIQ Risk Holding (Bermuda) • domusIQ MGA (UK) began underwriting on 1 August 2026 with £25 million property capacity --- domusIQ Inc has launched a new global risk, advisory, and capital services business named domusIQ Risk Holding (Bermuda), aimed at providing data-led, technology-enabled risk management and insurance solutions for commercial real estate owners worldwide. Donald Harrell, with over 35 years of experience in specialty insurance and reinsurance, will lead the new venture as Global Chief Executive Officer. The company has also launched domusIQ MGA (UK), which began underwriting on 1 August 2026, hosted on the Davies MGA Services Limited platform. The UK MGA is the first of several planned insurance businesses under the domusIQ Risk Holding umbrella, with a focus on underwriting commercial real estate and combined risks. The UK MGA has secured significant capacity through Bridgehaven's hybrid fronting model.
The launch of domusIQ MGA (UK) could significantly impact the London insurance market by introducing advanced data-driven underwriting practices. With a focus on commercial real estate, the MGA may influence underwriting standards and pricing strategies in this sector. The involvement of experienced professionals with strong London Market backgrounds suggests potential for innovative product offerings and competitive positioning. Additionally, the secured A-rated capacity indicates a strong financial backing that could attract more business and partnerships within the London Market.