Dickson picks up Chartwell risks.
London broker Dickson Manchester has secured renewal rights on all Chartwell business that Hiscox ca...
London broker Dickson Manchester has secured renewal rights on allChartwell business that Hiscox cannot accommodate, following the insurer's
acquisition of Chartwell Underwriting's regional network last month.
Dickson Manchester will also pick up business from brokers that does not
meet the insurer's agency requirements. Dickson Manchester said it expects
to be able to match Chartwell's commission rates and offer alternative
policies where necessary.
Charles Manchester, managing director of Dickson Manchester, said: "This
deal allows Hiscox to ensure that all of Chartwell's brokers continue to
receive a first-class service."
Hiscox has also given The Underwriter renewal rights on Chartwell's
general liability business. The Underwriter has recruited two teams of
general liability underwriters from Chartwell. These are John Merson,
Matthew Bishop, and Angela Phillips, based in Leeds, and Karen Moore and
Heather Sellwood in Glasgow. The company has also made three senior
appointments: Brian Melvin, construction underwriting manager; Chris
Mauduit, professional underwriting manager; and Terry Kerrison, financial
institutions underwriting manager.
Hiscox bought Chartwell Underwriting's regional operation for £500,000,
gaining the right to renew its £20m-worth of specialist liability
business.
Chartwell employs 30 staff, most of whom are transferring to Hiscox. (PB,
June, p1).
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