The word from Sodalis on their new Specialty service;
Sodalis Capital, an investment venture focused on international insurance intermediaries, has launched Brecon Specialty Ltd. Based in London, Brecon Specialty will provide broking and risk advisory services to other international independent brokers, as well as direct clients. The focus will be Cyber and Technology E&O on a global basis.
In total, 14 individuals will start immediately within Brecon Specialty. Led by David Rees, the team has over 100 years of combined experience in the market. They bring with them expert broking service and experience as well as extremely strong London market relationships.
Brecon Specialty has the full infrastructure support of Sodalis and specialist insurance intermediary outsource company Pro Insurance Solutions Limited using Pro’s insurance platform and trading through Lloyd’s of London.
“Brecon was established to offer a focused independent broker in the London market,” said David Rees, CEO of Brecon. “Our broker partners and clients will benefit from best-in-class service and access to considerable capacity, delivered by a team of cyber specialists that are at the top of their game.”
“We are delighted and immensely proud that David and team are joining the Group,” said Colin Thompson, Group CEO of Sodalis. “With our unique capital base and a best-in-class team, we think we are now uniquely positioned to offer a market-leading proposition in the Cyber and Technology E&O market.”
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