The US-based company adds Top 100 business KGJ Insurance Services Group to its stable at it continues its expansion in the UK.
The transfer sees Steve Gordon join Geo Underwriting as product head while the Ardonagh-owned entity expands its marine proposition.
The provider's Syndicate 1856 is moving into business classes including D&F property, marine and energy liability, political risk, terror and war, cargo and specie and professional lines, following $350m capital injection.
Latest move sees specialist marine broker Christopher Rowe join Seventeen Group's stable and follows its purchases of Ryan's and Pinner Risk Solutions.
Business says cross class follow capacity solution will benefit Price Forbes clients across cargo, specie, terrorism, financial products, healthcare and marine.
Trade body says the scheme is underwritten by A+ rated capacity and will help brokers access cover for a range of marine risks including cargo, freight liability, hull and liability cover for commercial vessels, commercial maritime operations, super…
The business will become part of Howden and rebrand as Howden Sturge.
Rob Johnston replaces Howard Burnell who was convicted of assault last week.
Offering was designed exclusively for fleets and single vessels operating throughout inland and coastal waters of the UK and Western Europe.
Ardonagh's MGA arm buys £8.5m GWP book of business from KGM.
The new offering is available to brokers and Stoneways stated that the policy includes covers such as non-medical repatriation and mental health support for those onboard.
In the run up to the 2020 UK Broker Awards Insurance Age is profiling all the shortlisted firms and individuals, with today’s focus being The Personal Lines Broker of the Year.
Provider expects its pandemic-related losses to amount to $170m as it takes underwriting action in its liability lines of business.
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CEO Andrew Horton says provider is committed to regional brokers through its Birmingham office despite recently pulling out of UK regional marine.
Keep up to date with the latest market moves.
The book of business will be transferred to N&G at renewal and NMU marine trade underwriters will move across as part of the deal.
Marine specialists expect to find replacement cover in the short-term, but predict that more market hardening is on the way.
Decision could result in a small number of redundancies as the insurer pointed to pressure and low margins in the sector.
Neon's parent company American Financial Group has decided to exit the Lloyd's market.
Offering is targeting renewable energy companies that operate domestically and abroad.
PE firm takes a 30% stake in the specialist marine broker.
Brokers report reduced numbers of staff in the provider’s Chelmsford office and say MS Amlin’s recent action is continuation of providers exiting regions.