Rokstone Creates Powerhouse For Brokers

Rokstone, the International Speciality (Re)Insurance MGA, part of the Aventum Group, has centralised its Power, Construction and Engineering teams into one central Powerhouse for brokers, making it one of the most experienced teams in the London market in these lines.

Peter Rossell, Dan Watson and Anthony Palmer, all senior engineering underwriters at Globe Underwriting have joined Rokstone, bringing market leading engineering underwriting expertise to the Group.  The trio join Ian Green, a market stalwart for Primary Power Generation, and David Turner, a leading Construction underwriter with over 40 years’ experience. Together they have a combined 150 years of underwriting experience.

Rokstone’s new combined powerhouse offers brokers a highly compelling facility with a consolidated maximum PML line of USD27.5m. Operational Power Generation has a typical maximum line of USD5m, deployed on non-proportional structures.  Capacity is drawn from a number of leading A rated carriers.

Ian Anson, Managing Director, Rokstone comments: “There are potentially large opportunities opening up in both the Power and Construction markets in 2023.  By bringing together this team of market leading talent, we believe that we are now a ‘go to’ market in both these Specialty lines. We continue to enjoy excellent long-term relationships with our carriers; their ongoing commitment to us is a strong vote of confidence both in the potential in the market, and in our proposition.”

Peter Rossell was Head of Engineering at Globe Underwriting.  He has 43 years’ experience having served as a senior engineering underwriter with leading firms including Pioneer, Beazley and Amtrust.  Dan Watson was the Senior Engineering Underwriter at Globe.  He joins with over 15 years’ experience and previously held senior positions as an engineering underwriter at Pioneer and RSA.  Anthony Palmer was an engineering underwriter at Globe.  He has over 10 years’ experience and previously worked at Pioneer and Canopius.

Rokstone is one of the world’s largest MGAs, with offices in the UK, Europe, USA, Asia, Africa and the Middle East.  It is a leading specialist MGA serving the needs of international (re)insurance brokers in specialty lines business.  It currently underwrites USD800m GWP in several specialty lines including Property, Power Generation, Marine, Aviation, Terrorism & Political Violence, Construction & Engineering, and Liability.  

About alastair walker 11398 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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