Australian insurance group Agile Underwriting Services has established a presence in New Zealand, reportedly the first of its kind for a Lloyd’s syndicate, enhancing its capability to service business in the country in its general aviation, accident and health, casualty and professional lines.
According to the firm, the establishment of Agile Insurance Group NZ solidifies its position at the forefront of Lloyd’s business in the Pacific region while also paving the way for other geographic expansion.
Robin Barham, CEO of Agile, commented, “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, the syndicate’s active underwriter, added, “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.”
Agile launched its own Lloyd’s syndicate earlier this year, Agile Underwriting Services Syndicate AUS 2427, established under the syndicate-in-a-box framework and managed by Asta, a third-party managing agent at Lloyd’s.
