Scotland-based Sure Thing! has become the latest broker to launch a new managing general agent (MGA) with the help of CDL.

The new company, 'Stabilis', is targeting the private motor market, with the aim of diversifying the Sure Thing! portfolio and growing its policy count and revenues.

CDL has supported Sure Thing! connectivity with Stabilis' rating hub in order for it to act as a distributor for the MGA's products.

Commenting on the launch, Sure Thing! CEO Brendan Devine said: "This is a significant step for Sure Thing! as we seek to expand our policy count, increase our GWP and drive further revenue for the group. It's the culmination of major investment to create a completely bespoke system with emphasis placed on data and enrichment. We are delighted the integration has gone so smoothly. Our partnership and development experience with CDL on this project has been extremely positive."

Nigel Phillips, CDL Commercial Director, added: "We are delighted that our latest project to support the launch of a new MGA has been so successful. We look forward to continuing to be a strategic partner to Sure Thing! as it pursues its growth ambitions."