The latest partnership news from ARTes;
ARTes Specialty, an MGA providing bespoke insurance solutions for niche and specialty risk portfolios, has partnered with Mobius Insurance, an Australia-based broker and a member of the Steadfast network, to launch a combined material damage and associated liability product for the Australian commercial loggers market.
The product will feature a unique specialist wording, local claims adjusting and handling. The policy is supported by capacity from a panel of Lloyd’s syndicates.
Features of the policy include:
- Material damage policy occurrence limit up to AUS$5m
- Third party property damage and general liability limits up to $20m
- The Product can cover all areas of commercial logging activities and associated transportation; cover can be extended to dangerous goods
The product will be led by ARTes Specialty senior underwriter Amy Egglestone, who holds more than 10 years’ experience in the sector.
ARTes CEO Chris Thomas said: “The design and launch of this product with these Lloyd’s syndicates further demonstrates the confidence in ARTes to create solutions to complex insurance problems, where other markets have left policyholders to the uncertainty of trying to place multiple products in the open market, leading to inconsistency of cover.”
Egglestone added: “We are delighted to bring this multi-line policy offering to the market for Australian loggers. We have collaborated with market leaders to provide coverage tailored to the specific needs of this industry and ARTes is committed to offering its clients outstanding service from quote to claim. The logging industry is such a niche area of the market; it’s really exciting to be able to offer something unique to an industry that is so unique in itself.”
Peter Mason – Facility Manager, Mobius Insurance said: “Mobius Insurance is excited and grateful to have partnered up with UK-based MGA ARTes Specialty, to bring a unique product to the Australian market for forestry and logging operators. This is a niche yet important market in Australia, and operators in this space demand an insurance solution that is competitive, yet broad in cover. Service is paramount and Mobius will deliver this. We are excited to embark on the start of our journey with ARTes, whose values and ways align with ours.”
ARTes Specialty is an appointed representative of Asta, the leading third-party managing agent at Lloyd’s.
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