Agile Underwriting Services has launched its operation in New Zealand. According to the company, this is the first of its kind for a Lloyd’s syndicate.
With the establishment of Agile Insurance Group NZ, the firm aims to enhance its capability to service New Zealand business in its general aviation, accident and health, casualty and professional lines.
Earlier this year, Agile launched its own Lloyd’s syndicate, Agile Underwriting Services Syndicate AUS 2427, which is established under the ‘syndicate-in-a-box’ framework and managed by Asta, the leading third-party managing agent at Lloyd’s.
Robin Barham, CEO of Agile, comments: "The establishment of our presence in New Zealand is a significant advance in the development of Agile’s capability and market offering.
“The strength of our Pacific presence combined with our innovative IT platforms demonstrate a continuation of our drive to expand our offerings and support our New Zealand customers."
Mark Hunt, head of underwriting at Agile Underwriting Services, adds: “We see the New Zealand market as a critical element in our development, and this ground-breaking initiative offers brokers new capacity options and access to Agile’s adaptive solutions that reflect the region's unique demands.”
