Markets/Coverages: MGA Rokstone Expands Portfolio Into Monetary Establishments

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Markets/Coverages: MGA Rokstone Expands Portfolio Into Monetary Establishments

Rokstone, the worldwide speciality re/insurance coverage MGA that’s a part of the Aventum Group, has introduced the launch of a D&O and PI mixed facility for monetary establishments within the UK, Europe and the Caribbean, backed by a $10 million Lloyd’s binder.

Rokstone stated it noticed a spot out there for a safe Lloyd’s-backed, expertise-led providing within the FI area. With this facility, it’s concentrating on all sizes and styles of economic establishments together with non-public fairness homes, hedge funds, funding managers and credit score & financial savings establishments.

“Getting into the FI area was the logical subsequent step for us. We have already got intensive PI and D&O expertise and enviable backing from our capability companions,” commented Jimmy Heaton, head of D&O at Rokstone.

“We give brokers a dependable and constant service and for some time many have been expressing a want for us to broaden our providing and convey the identical holistic method for FI,” he added. “Combining our industrial and monetary establishment capabilities inside one staff, coupled with a broad territorial urge for food and Lloyd’s backing, we have now created a formidable providing.”

With places of work within the UK, Europe, USA, Asia, Africa and the Center East, Rokstone is a number one specialist MGA serving the wants of worldwide re/insurance coverage brokers in specialty traces enterprise. It presently underwrites greater than US$1.1 billion in gross written premiums in a number of specialty traces together with property, energy era, marine, aviation, guarantee, credit score & surety treaty, agriculture, building & engineering, accident & well being, contingency, legal responsibility and sports activities & leisure.

Supply: Rokstone

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