Marketform introduces five new business classes
Marketform Group, which describes itself a leading provider for non-US medical malpractice and other specialty lines, is underwriting five new classes of business.
American Financial Group, owner of Great American Insurance, became the insurer’s majority shareholder in December of 2007 and the group’s chairman, Holly Bellingham, describes the expansion as “a natural progression following the Great American transition”.
She adds: “New underwriters have brought such considerable knowledge and experience with them, giving the company a wider offering to brokers whilst further diversifying our risk portfolio.”
The new lines of business and their respective underwriters are as follows: Marine Liability: Stephen Barr; Marine Hull: Angus Wilson; Marine Cargo: Nick Holding; Property: Michael James; Bloodstock & Livestock: Mark Edwards; Specie: Phil Pavis; Political Risk & Trade Credit: Nicholas Robinson.
Marketform has also announced that it will be opening a box on Lloyd’s first gallery later this month, which will accommodate all class underwriters in one location.
The group includes the Lloyd’s managing agent that manages Lloyd’s Syndicate 2468, two Lloyd’s corporate members that provide capital to Syndicate 2468, and a Lloyd’s service company that writes insurance on behalf of a consortium of syndicates that includes Syndicate 2468.
Category: Business Insurance News, Companies News, Insurance News
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