The latest news from Rokstone;
Rokstone, the International Speciality (Re)Insurance MGA, part of the Aventum Group, has today announced the launch of a new Surety Division, delivering much needed underwriting expertise to a competitive market. The division will be led by specialist bond underwriter Darren Guymer.
Darren joins as Head of Rokstone Surety. He brings 15+ years of experience to the role, having previously held senior underwriting positions at First Underwriting and Aviva.
Rokstone Surety compliments the MGA’s existing Credit & Surety Treaty division. It brings A-rated capacity, and a broad underwriting appetite across many different sectors. Thanks to Rokstone’s proprietary underwriting workbench and commitment to achieving unparalleled service, brokers and clients will be able to access a market-leading surety solution.
Ian Anson, Global CEO at Rokstone commented: The surety market has been tough since the Covid pandemic and following a string of high-profile insolvencies, especially in the construction sector. This has made it harder for businesses of all sizes, but especially SMEs, to obtain bonds. However, the market is showing signs of softening and Rokstone is once again leading the way by delivering much needed underwriting expertise and digital prowess to brokers and their clients. We’re delighted to welcome Darren to Rokstone. He’s a talented underwriter with a strong track record and brings energy and experience to a complex market.
Darren Guymer added: “I truly believe Rokstone is a place where exciting things happen, with the backing of an agile global team and a vibrant supportive culture. The growth potential for Surety is significant, not to mention Rokstone’s existing portfolio, much of which could benefit from a Surety offering. It’s also authentic and service driven, qualities that are especially vital in the surety market where underwriters seek to build lasting partnerships by listening and truly understanding the businesses and people they work with.”
With offices across the UK, Europe, USA, Asia, and the Middle East, Rokstone is one of the largest and fastest-growing MGAs in the world. It currently underwrites more than USD 1.1 billion in GWP across multiple Specialty lines, including Property, Power Generation, Marine, Aviation, Warranty, Credit & Surety Treaty, Agriculture, A&H, Construction, Contingency, Liability, and Sports & Leisure.
Be the first to comment