The latest partnership news from Rokstone;
Rokstone, the International Speciality (Re)Insurance MGA, part of Aventum Group proudly announces a binder agreement with Munich Re Syndicate Limited (MRSL), to bolster the expansion of its international Property risks portfolio.
As a trusted partner, MRSL joins an esteemed panel of long-standing carrier supporters of Rokstone. The binder has a line size of USD 2m and enables Rokstone to underwrite Property risks across a number of international territories, including Australia and Canada.
James Potter, CEO of Rokstone, comments: “We are delighted to welcome Munich Re Syndicate to our capacity panel and we eagerly anticipate a mutually beneficial and enduring relationship. Independent, unhindered by debt, with a consistent market beating performance, Rokstone has successfully attracted some of the world’s best underwriting talent. We’ve seen incredible growth as a result, whilst maintaining top quartile loss ratios. This latest partnership marks a significant milestone for Rokstone, underscoring our commitment to deliver excellence in the dynamic landscape of international property risks.”
Dominick Hoare, Group Chief Underwriting Officer of Munich Re Specialty Group said: “We have a strong and determined appetite to expand our offering in the international binder market. Led by Group Head Martyn Dolan, our experienced Delegated Property team will be steadfastly working to attract and serve customers and partners across a number of countries.”
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 the specialty lines business. It currently underwrites more than USD 1bn GWP in several specialty lines including Property, Power Generation, Marine, Aviation, Warranty, Credit & Surety Treaty, Agriculture, Construction & Engineering, A&H and Liability.
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