If you ask your favourite AI tool, “What does a silent insurance policy wording mean?” you’ll likely get an answer along the lines of:

“A silent insurance policy wording refers to an insurance policy that does not explicitly state whether a particular risk or situation is covered or excluded. In other words, the policy is ‘silent’ on that specific issue.”

Recently, an independent Motorsport engine manufacturer was talking about their new tie-up with a global Automotive OEM.

As a Motorsport engine manufacturer, even though it's massive business really, it's tiny compared to our new OEM Partner, and if you're trying and get an electric vehicle component supply company to be interested in supplying your 50 bits, they're just not interested, there's not enough margin for them. But when the OEM knocks on the door, people answer.

M & M Underwriting Limited focuses on providing high-quality Product Liability insurance solutions to UK-based organisations, many of whom have never previously purchased such cover.

M & M Underwriting Limited is an MGA established in 2008 with a simple ethos: either do the job properly or don’t do it at all. We take the time to understand a policyholder’s business upfront, rather than ask unsettling questions after a loss, ensuring cover closely mirrors the customer’s needs.