Ryan Direct strikes SME deal with AmTrust Underwriting
RDG will take over £3.5m worth of annual business and a team of underwriters.
Ryan Direct Group (RDG) will acquire the rights to the commercial combined SME portfolio underwritten by AmTrust Underwriting Limited (AUL) following a deal between the two companies.
RDG will take over a book of business delivering around £3.5m of net premium annually as well as a team of underwriters who will be based in its London office.
The deal is subject to legal agreement and is expected to be completed in November.
Attractive
Derek Coles, RDG chief executive, said: "The commercial
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- In Depth: Managing cyber risk in an ever-changing security landscape
- Covéa cuts losses but underwriting deficit grows
- JMG strikes its biggest deal of 2024 with BQI swoop