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18 June 2024
US
Reporter Diana Bui

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ANV expands transactional risk offering in US market

ANV Global Services has launched its transactional risk insurance (TRI) programme in the US, led by Colin Addy and Greg Conroy.

Based in Spain, ANV is a specialty risks insurance MGA and a subsidiary of AmTrust Financial Services.

The company will initially underwrite representations and warranties insurance on behalf of a panel of insurers, including AmTrust and various syndicates at Lloyd’s.

Before expanding into the US, ANV has provided TRI solutions in the UK, Europe, and other international jurisdictions since 2013 for transactions that range from small domestic deals to large cross-border acquisitions.

Addy and Conroy comment: “We are excited to be launching ANV’s US transactional risk programme. Both ANV and AmTrust support our vision and share our practical approach to growing a disciplined underwriting platform.

“We are enthusiastic to continue working with our broker partners and insureds, providing bespoke transactional risk solutions.”

Grady Womack, managing director of ANV and head of AmTrust International Fee Businesses, states: “[Greg and Colin] have a deep understanding of the TRI market combined with entrepreneurial drive and superb underwriting integrity.

“ANV supports high caliber specialty underwriters with its plug-and-play platform, including aligned and affiliated capacity. With Greg and Colin, we will be creating an exceptionally valuable TRI franchise and offering for our clients and partners.”

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