Ensurance, the specialist MGA and Lloyd’s of London Coverholder, has launched a new terrorism and sabotage insurance offering for the U.S. market. The product will support the U.S. property market and is backed by an A-rated London company and Lloyd’s market capacity.
The new products offer full terrorism and sabotage cover for businesses and a range of policy extensions, including non-damage business interruption, denial of access and loss of attraction.
Ensurance have recruited a team of specialist underwriters to support the launch: Becky Steel and Dan Moorcraft have joined the MGA from Omnyy LLP. Moorcraft was a terrorism underwriter and Steel was the head of Global Property and Terrorism. She previously held senior roles at AON Re and AXA Re.
According to Tim James, CEO of Ensurance, the terrorism & sabotage offering was launched in the UK property market in May.
Ensurance is an independent MGA delivering specialist insurance for the construction and engineering sectors, dealing directly with brokers and insurers in the UK and across Europe. Ensurance launched in 2017 as a wholly-owned subsidiary of Australian-based Ensurance Ltd.
Topics USA Catastrophe Natural Disasters Underwriting Insurance Wholesale
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