London-based managing general agent Hive Aero has announced an increased level of support from Arch Insurance (UK) and Arch Insurance (EU) DAC for its underwriting of the Aviation Hull and Liabilities class.
As a result, Hive Aero’s Aviation Hull and Liabilities lines will increase respectively to $15 million and $100 million.
“The increased capacity offered by Arch Insurance is a testament to the extremely high standards of underwriting, reporting and governance set here at Hive, with the core focus being profitability,” said Bruce Carman, Chief Underwriting Officer.
“I am delighted our relationship with Arch Insurance continues to flourish and with it Hive’s underwriters can now offer even greater support to the broking community and their clients.”
“Andrew Webster and Benjamin Davy deserve credit for building a first-class, All Risks portfolio at one of the most disruptive, challenging times in the Aviation market’s history.
“They have been ably assisted by the market-leading data analytics produced by our in-house analyst, Mark Shurville and together with the rest of the Hive team continue to produce exceptional results.”
Lino Leoni, SVP, Chief Underwriting Officer, Arch Insurance International, commented, “Hive Aero have established a strong market presence through the quality of their underwriting team and customer focused approach.
“We are very happy to continue to strengthen our relationship with them as they further increase their relevance to brokers in the Aviation All Risks market.”
