MGA eyes mid-market expansion with FI launch
Specialist underwriting agency Verve Risk Services has launched a new financial institutions team as it continues to expand "its underwriting driven, mid-market specialist business".
Led by Steve Redding, pictured, Verve Financial Institutions will seek to offer financial lines products on a global basis with solutions covering banks, stock exchanges, alternative lenders and asset managers for SME to mid-market financial institutions.
Redding has assumed the role of head of financial institutions, bringing almost 40 years of underwriting experience in the London market to the role.
Prior to this he was managing director of financial institutions at Volante Financial and
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