New Dawn Risk, the international specialist insurance intermediary, announced the launch of a new division focused on the UK market. It will provide liability and specialty solutions direct to insurance buyers, as well as partner with UK regional brokers looking for a bespoke and specialist service.
The new offering will mirror New Dawn’s existing offering for international businesses.
“At the moment in the UK market, there is clear demand for an alternative to the larger broking houses and our new division will bring New Dawn’s independent, high-touch and tailored approach to the UK for the first time,” commented Max Carter, CEO of London-based New Dawn Risk.
“Many businesses that need insurance are suffering the effects of a difficult and uncertain trading environment, while broker consolidation and soaring rates in some classes bring opportunities for specialists to make a difference for particular groups of buyers,” he added.
Tom Malcolm, head of UK Broking, said: “Now, more than ever, the UK market is crying out for brokers that have the requisite skillset and expertise to steer businesses through these challenging times. Our newly established UK division is well set to meet these demands via our team of product specialists who put client service at the core of everything they do.”
Established in 2008, New Dawn Risk focuses on complex, international liability and other specialty insurance and reinsurance with 95% of its business emanating from outside the United Kingdom.
Source: New Dawn Risk
Topics Agencies
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