The latest from Rokstone for you;
Rokstone, the International Speciality (Re)Insurance MGA, part of Aventum Group, has announced a binder agreement with Lloyd’s Somers Syndicates 3705 and 5423, to provide the MGA with capacity for International Facultative Property, Power and Onshore Energy.
Somers is a new Lloyd’s of London Syndicate. The agreement further expands Rokstone’s portfolio of world-class A-rated markets including Munich Re, Allianz, Arch Re Bermuda and Aviva. The team now underwrites in excess of USD 300 million GWP in worldwide Property D&F business. Rokstone has cemented its position as a lead market, with multi-year, multi-million dollar delegated authority deals. The latest partnership with Somers adds a fresh and dynamic provider to the panel for a diverse range of reinsurance solutions, with a focus on offering coverage tailored to the evolving needs of clients in the Property, Power and Energy sectors.
Henry Hogarth, Senior Property D&F Underwriter, who joined Rokstone in December 2024, comments: “We’re thrilled to partner with Somers as we continue to grow and diversify our portfolio and at a time of increasing demand for specialised reinsurance solutions across these lines globally. The agreement further strengthens Rokstone’s ability to offer clients comprehensive, world-class coverage across International Facultative Property, Power, and Onshore Energy This deal not only expands our offerings but also reinforces our position as a key player in the global reinsurance sector.”
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 1.1bn GWP in several specialty lines including Property, Power Generation, Marine, Aviation, Warranty, Credit & Surety Treaty, Agriculture, Construction & Engineering, A&H, Contingency, Liability and Sports & Leisure.
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