View this article online: https://www.insurancejournal.com/news/international/2018/03/16/483595.htm
Delegated authority specialist and Lloyd’s broker Endeavour Insurance Services announced that niche broker Stonehatch Risk Solutions has become an appointed representative of the company.
Based in London, Stonehatch was founded in 2014 and specializes in bloodstock and equine insurance, as well as livestock cover. It provides insurance for most of the risks associated with these classes of business globally and has particular expertise in designing bespoke policies for larger schedules of animals or more complex risks.
The Stonehatch team is lead by Managing Director Chris Williamson and supported by Operations Director David Rees, Claims Director Sarah Young and Broking Director Richard Lloyd. All of the company’s employees will be moving into Endeavour’s offices with immediate effect.
“This is a terrific development for our growing team, and by extension for the services we are able to offer our clients,” said Endeavour CEO David Lawrence. “The Stonehatch team are proven experts in their specialist classes, from securing protection for an individual animal to a comprehensive analysis of an existing insurance program for breeding stock, racehorses or sport horses.”
Williamson at Stonehatch commented: “We are delighted to become an appointed pepresentative of Endeavour. It maintains our independence as a separate company but aligns us with a broker that is similarly client-focused and shares our values of service excellence.”
Cover available through Stonehatch includes all Risks of Mortality and Theft, Stallion Permanent Disability and First Season Infertility, Loss of Income/Business Interruption and Veterinary Fees/Life Saving Surgical Fees insurance.
Endeavour explained that becoming one of its appointed representatives is not an acquisition or an agreement to acquire.
Founded in March 1999, Endeavour Insurance Services specializes in the placement of business produced by North American and European agents handled under delegated authorities. Now employing 44 people in its London office, Endeavour has four divisions supporting business from the U.S.; Canada, Europe and the rest of the world, with facultative reinsurance and cyber specialties.
Source: Endeavour Insurance Services