The Underwriter reassesses approach to new business.
Keith Rutter, chief executive of The Underwriter, has denied that the company has run out of capacit...
Keith Rutter, chief executive of The Underwriter, has denied that thecompany has run out of capacity but that it is "rationing to our most
favoured brokers".
Mr Rutter said The Underwriter's original business plan had not taken into
account the unpredictable changes to the market seen this year. It is,
therefore, taking a cautious approach to new business. "We are quite
happily coping with all our renewals and are taking on carefully selected
new business," he said.
"It would have been relatively
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