Sabre Insurance Group plc announced that it has signed an agreement with MCE Insurance ('MCE') to become the exclusive underwriter for policies issued by MCE Insurance Ltd. effective immediately. Under the terms of the agreement, Sabre will have complete control of pricing, claims handling and reserving. It has also received access to MCE's multi-year claims and policy data which will be combined with Sabre's leading digital pricing techniques. Sabre is not paying a financial consideration to MCE and will not be liable for any historical policies, claims or activities of the previous underwriter. Sabre has no obligation to take on any employees from MCE's existing underwriting business. This agreement provides a unique opportunity for Sabre to enter a new market at scale.