The deal covers Rokstone’s direct and facultative (D&F) property portfolio, allowing the MGA to write global property D&F business with a limit of up to $2 million per risk. The partnership is expected to generate over $200 million in gross written premiums.
Rokstone currently underwrites more than $1.1 billion in premiums across a range of specialty lines, including property, power generation, marine, and aviation.
James Potter, CEO of Rokstone, expressed enthusiasm for the new agreement, saying, “We’re excited to announce this new deal and partnership with Aviva. Our ability to underwrite as a lead market, with delegated authority from several leading A-rated markets including Allianz and Munich Re, is a strong endorsement of our property team. This is a significant achievement for Rokstone, reinforcing our reputation for long-term security and certainty with our clients.”
This new partnership marks another milestone for Rokstone as it continues to build its presence in the global specialty re/insurance market.
Spencer Pimley, Global DUA Manager for Aviva Global, Corporate & Specialty, shared similar sentiments about the collaboration. “We’re delighted to agree this deal with Rokstone. The opportunity offers a strong and balanced property D&F portfolio that aligns with our goals as we continue to expand and strengthen our global property DUA portfolio.”
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